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 12/19/2014)
$975,000 : 11952 Montana Avenue, Unit 101, Los Angeles3 beds, 3 full baths
$2,199,000 : 463 S BENTLEY AVE, Los Angeles3 beds, 2 full, 2 part baths
$7,950,000 : 11968 FOXBORO DR, Los Angeles5 beds, 7 full, 2 part baths
$799,000 : 809 S BUNDY DR, Unit 303, Los Angeles2 beds, 2 full baths
2 beds, 2 full baths
$3,495,000 : 2631 WESTRIDGE RD, Los Angeles5 beds, 3 full, 1 part baths
$410,000 : 11634 GORHAM AVE, Unit 105, Los Angeles1 bed, 1 full bath
2 beds, 2 full baths
$4,499,000 : 985 AMHERST AVE, Los Angeles5 beds, 5 full, 1 part baths
$879,000 : 171 N CHURCH LN, Unit PH1, Los Angeles2 beds, 2 full, 1 part baths
$1,795,000 : 1080 N KENTER AVE, Los Angeles3 beds, 2 full baths
$2,990,000 : 1767 OLD RANCH RD, Los Angeles3 beds, 1 full, 2 part baths
$795,000 : 12115 SAN VICENTE, Unit 406, Los Angeles2 beds, 2 full baths
$2,895,000 : 438 TUALLITAN RD, Los Angeles5 beds, 5 full baths
$4,900,000 : MLS # 14816285 in Los Angeles5 beds, 5 full, 1 part baths
Listing information deemed reliable but not guaranteed. Read full disclaimer.
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