Why May 2013 is the Time to Buy a Brentwood Ca Home!
I had a client ask me about the prices and if they are really going up that fast in Brentwood. She had bought a house last year and could not believe how much more they are costing now.
So I took a close look at Home Sales in Brentwood California (94513) from April 2012 to April 2013
In April 2012 - 86 Brentwood Homes Sold with a High Home Price of $650,000.00 and a Low Home Price of $138,000.00. The Average Brentwood Home Price was $316,852.00 and the Median Brentwood Home Price was $300,000.00. Price per SF on Average in Brentwood was $129.96 and Brentwood Homes spent 41 Days on Market.
There was a huge jump in Brentwood Home Prices by April 2013 - 87 Homes Sold with a High price of $719,470.00 and a Low Home Price of $205,000.00. The Average Brentwood Home Price was $390,793.00 and the Median Brentwood Home Price was $375.500.00. Price per SF on Average in Brentwood was $175.32 and Brentwood Homes spent an average of 15 Days on the Market.
Depending on which numbers you use that is generally a price increase of over 25% for Brentwood Homes. I think prices will keep going up for at least another year. I read an article that many homes had returned to pre- bust prices in most areas in bay area, but not hear in east county. Today's Contra Costa Times had an article along the same lines as mine in regard to price increases.
Similar patterns are happening all over East Contra Costa County. For more information or to find your home now call me at 925-260-4321.