Inventory in Brentwood has tightened in this rolling three-month view, with active listings down about 9% from a year ago. New listings have fallen more than 10% year over year, even as homes sold are only slightly below last year’s level. Months of supply has been cut roughly in half over the past year to just 2.2 months, keeping conditions tilted toward sellers.
Prices are mostly holding steady despite the leaner inventory. The typical home value is essentially flat compared with a year ago, dipping less than 1%, while the median list price is up nearly 7% year over year. Compared with the broader Portland market, Brentwood’s typical home value remains lower, but its tight supply contrasts with Portland’s higher 3.1 months of inventory.
Buyer activity is translating into quick deals, with the median home spending only 9 days on the market in the latest period, down sharply from a year ago. Roughly 57% of homes go off the market within two weeks, and nearly half are selling above list price, with the average sale closing at just over 101% of asking. With this mix of strong demand and limited inventory, buyers and sellers in Brentwood can benefit from Agent Pronto’s help connecting them with a local agent who understands the dynamics on both sides of the table.
