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 11/27/2014)
$649,000 : 451 S BARRINGTON AVE, Unit 205, Los Angeles2 beds, 2 full baths
$3,195,000 : 517 N BONHILL RD, Los Angeles5 beds, 3 full, 2 part baths
$1,499,000 : 562 North Greencraig Road, Brentwood3 beds, 1 full, 2 part baths
$3,295,000 : 826 MAJORCA PL, Los Angeles5 beds, 2 full, 2 part baths
$3,849,000 : 162 ACARI DR, Los Angeles3 beds, 3 full baths
$768,800 : 11752 DOROTHY ST, Unit 104, Los Angeles2 beds, 1 full, 2 part baths
$1,595,000 : 1122 N KENTER AVE, Los Angeles3 beds, 3 full baths
$8,999,000 : 275 ASHDALE PL, Los Angeles5 beds, 6 full, 1 part baths
$17,000,000 : 717 N TIGERTAIL RD, Los Angeles6 beds, 2 full, 9 part baths
$3,995,000 : 1470 N TIGERTAIL RD, Los Angeles6 beds, 3 full, 1 part baths
$1,595,000 : 815 N TIGERTAIL RD, Los Angeles3 beds, 2 full, 2 part baths
$1,564,500 : 333 South Bundy Drive, Los Angeles3 beds, 2 full, 1 part baths
$7,500,000 : 1748 CORREA WAY, Los Angeles6 beds, 6 full, 1 part baths
$599,000 : 11901 W SUNSET, Unit 105, Los Angeles1 bed, 1 full bath
$325,000 : 283 S BARRINGTON AVE, Unit C1, Los Angeles0 beds, 1 full bath
Listing information deemed reliable but not guaranteed. Read full disclaimer.
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