In Garin Ranch, only 2 homes were listed for sale in March, the same tight level as the prior month. Buyers still had fresh options though, with 10 new listings coming to market and 9 going under contract. This balance of new supply and quick contracts keeps activity moving even with limited choices.
Prices are responding to this brisk pace in a nuanced way, with the typical home value at about $711,000, up 5.33% from the prior month but down 0.56% from a year ago. At the same time, the median list price slipped slightly month over month to around $709,250, while values are projected to edge up to $729,000 in April and list prices are expected to hover near $704,375.
Homes are taking a bit longer to sell, sitting a median of 22 days on the market, which is about 4.76% slower than last month and 10% slower than last year, yet conditions still favor sellers overall. Only about 14% of recent sales closed above list price, and the average sale-to-list ratio of roughly 0.98 shows buyers have some room to negotiate even in this seller’s market. Compared with Brentwood as a whole, where typical values are closer to $775,000 and projected to reach $801,000, Garin Ranch offers a slightly lower price point in a still-tight environment, and both buyers and sellers can turn to Agent Pronto to connect with a local agent who understands these dynamics.
