Let’s take a look at how the Brentwood Los Angeles real estate market did in 2011.
I have split the 2011 Brentwood real estate market report into four sections, single family by price breakdown and condos. I have also shown relevant percentage comparisons with the 2010 statistics.
Market absorption trends show the rate that properties are selling compared with inventory which enables us to see if it is a sellers’ or buyers’ market.
6 months worth of inventory is a balanced market. Under 6 months is a sellers’ market, and anything over 6 months is a buyers’ market.
So how did Brentwood do?
The Brentwood Los Angeles luxury housing market saw a huge drop in both sales and median price, especially over the last three months when compared to the same period last year. With 17 homes on the market and only one sale in 3 months, buyers should be out in force in Brentwood.
The Brentwood condo market is definitely a sellers’ market and doing well. The median price is down somewhat over the same last 3-month period last year but overall, Brentwood condo sellers should consider putting their homes on the market.
Previous Market Reports
See all Brentwood Homes for Sale.
(all data current as of 4/27/2015)
$3,200,000 : 11585 Bellagio Road, Los Angeles5 beds, 4 full, 1 part baths
$6,995,000 : 178 North Carmelina Avenue, Los Angeles4 beds, 5 full, 1 part baths
$4,888,000 : 1423 Jonesboro Drive, Los Angeles8 beds, 4 full, 4 part baths
$3,499,000 : 12240 Gorham Avenue, Los Angeles4 beds, 4 full, 1 part baths
$4,950,000 : 2119 Banyan Drive, Los Angeles4 beds, 4 full baths
1 bed, 1 full bath
$2,895,000 : 12322 Dorothy Street, Los Angeles4 beds, 3 full baths
$395,000 : 11645 Montana Avenue, Unit 110, Los Angeles1 bed, 1 full bath
$1,599,000 : 11606 Chenault Street, Unit 301, Los Angeles4 beds, 4 full, 1 part baths
$2,200,000 : 11366 Farlin Street, Los Angeles4 beds, 3 full baths
$10,795,000 : 1707 Westridge Road, Los Angeles5 beds, 4 full, 1 part baths
$2,149,000 : 339 North Bundy Drive, Los Angeles2 beds, 2 full baths
$1,550,000 : 917 South Bundy Drive, Los Angeles3 beds, 2 full baths
$2,800,000 : 2453 Mandeville Canyon Road, Los Angeles4 beds, 4 full baths
$375,000 : 11645 Montana Avenue, Unit 210, Los Angeles1 bed, 1 full bath
Listing information deemed reliable but not guaranteed. Read full disclaimer.
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