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 3/31/2015)
$2,989,000 : 1064 Hanley Avenue, Los Angeles3 beds, 3 full baths
$2,989,000 : 1064 HANLEY AVE, Los Angeles3 beds, 3 full baths
$810,000 : 1164 Wellesley Avenue, Unit 302, Los Angeles2 beds, 3 full baths
$1,089,000 : 11657 Chenault Street, Unit 104/105, Los Angeles2 beds, 2 full, 2 part baths
$1,325,000 : 410 South Barrington Avenue, Unit 307, Los Angeles3 beds, 2 full, 1 part baths
$9,995,000 : 178 South Rockingham Avenue, Los Angeles6 beds, 7 full, 1 part baths
$1,325,000 : 410 S BARRINGTON AVE, Unit 307, Los Angeles3 beds, 2 full, 1 part baths
$13,000,000 : 144 North Woodburn Drive, Los Angeles5 beds, 6 full, 2 part baths
3 beds, 2 full, 1 part baths
$1,089,000 : 11657 Chenault ST, Unit 104/105, Los Angeles2 beds, 2 full, 2 part baths
$13,000,000 : 144 N WOODBURN DR, Los Angeles5 beds, 6 full, 2 part baths
$995,000 : 410 S BARRINGTON AVE, Unit 206, Los Angeles3 beds, 2 full, 1 part baths
$4,195,000 : 351 North Kenter Avenue, Los Angeles5 beds, 4 full, 1 part baths
$989,000 : 12000 Goshen Avenue, Unit 107, Los Angeles3 beds, 3 full, 1 part baths
$479,000 : 11718 Darlington Avenue, Unit 7, Los Angeles1 bed, 1 full bath
Listing information deemed reliable but not guaranteed. Read full disclaimer.
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