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 9/2/2014)
$449,999 : 11645 MONTANA AVE, Unit 315, Los Angeles1 bed, 1 full bath
$1,295,000 : 11807 DOROTHY ST, Unit 2, Los Angeles4 beds, 3 full, 1 part baths
$979,000 : 11848 GOSHEN AVE, Unit 302, Los Angeles3 beds, 2 full, 1 part baths
$2,295,000 : 1094 ACANTO PL, Los Angeles5 beds, 2 full, 1 part baths
$1,749,000 : 1459 ALLENFORD AVE, Los Angeles3 beds, 3 full baths
1 bed, 1 full bath
1 bed, 1 full bath
$2,995,000 : 516 AVONDALE AVE, Los Angeles3 beds, 3 full baths
$5,499,000 : 2323 MANDEVILLE CANYON RD, Los Angeles5 beds, 5 full, 1 part baths
$599,000 : 11954 Goshen Avenue, Unit 204, Los Angeles2 beds, 1 full, 1 part baths
$2,249,995 : 580 N GREENCRAIG RD, Los Angeles3 beds, 3 full baths
$475,000 : 11639 Chenault Street, Unit 501, Los Angeles1 bed, 1 full bath
$499,000 : 11670 W SUNSET, Unit 108, Los Angeles2 beds, 1 full, 1 part baths
$869,000 : 11733 MONTANA AVE, Unit 212, Los Angeles2 beds, 1 full, 2 part baths
$799,000 : 11939 GORHAM AVE, Unit 205, Los Angeles2 beds, 2 full baths
Listing information deemed reliable but not guaranteed. Read full disclaimer.
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