Brentwood First-Time Homebuyer Report for October

Brentwood has an older population than other areas in California with a median age of 35 years. It is also very affluent with a median income of $81,597 per household. The Brentwood market almost exclusively consists of detached houses, accounting for 100% of the current homes in the area. The best school in the city is R. Paul Krey Elementary School.

Price Range

The median value of homes in Brentwood is $283,200, making the area almost identical to others in California. At the same time, the average list price of available homes is presently $565,085. In this week's report, the number of homes sold in the Brentwood market dropped to 69 over the past 30 days. It marked a decrease of 20.7% from last week's report and a fall below the monthly average.

Wonder which homes are generating the most buzz? Here are the most viewed listings in Brentwood:

$469K   $589K   $499K  

Typical Dwelling

A four-bedroom detached home valued around $560,442 is considered a typical dwelling in Brentwood. If a buyer was looking for a similar home, they would need good credit and a $112,088 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $2,411 and the property tax rate is $7.60 per $1,000 of taxable assessed value.

Get started right now by checking out Brentwood homes for sale or reviewing Brentwood real estate trends.

Data reported through 10/13/2016


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