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 10/31/2014)
$815,000 : 11970 Montana Avenue, Unit 214, Brentwood2 beds, 2 full baths
$5,380,000 : 154 ACARI DR, Los Angeles4 beds, 4 full, 1 part baths
$735,000 : 621 S BARRINGTON AVE, Unit 110, Los Angeles2 beds, 2 full baths
$1,750,000 : 13755 BAYLISS RD, Los Angeles4 beds, 4 full baths
$2,399,000 : 202 GLENROY PL, Los Angeles4 beds, 4 full, 1 part baths
$1,375,000 : 11337 ISLETA ST, Los Angeles3 beds, 3 full baths
$4,388,000 : 1000 WELLESLEY AVE, Los Angeles4 beds, 4 full, 1 part baths
$599,000 : 11627 CHENAULT ST, Unit 2, Los Angeles2 beds, 2 full baths
$3,299,000 : 1690 MANDEVILLE CANYON RD, Los Angeles3 beds, 3 full baths
$3,499,000 : 1200 N TIGERTAIL RD, Los Angeles3 beds, 3 full baths
$1,899,999 : 641 ELKINS RD, Los Angeles3 beds, 3 full baths
$859,000 : 1000 S WESTGATE AVE, Unit 202, Los Angeles2 beds, 3 full baths
$849,000 : 11690 MONTANA AVE, Unit 102, Los Angeles2 beds, 2 full, 1 part baths
$1,299,000 : 871 GRANVILLE AVE, Unit 202, Los Angeles3 beds, 2 full, 1 part baths
$1,975,000 : 420 S WESTGATE AVE, Los Angeles3 beds, 3 full, 1 part baths
Listing information deemed reliable but not guaranteed. Read full disclaimer.
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