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
2 beds, 2 full, 1 half baths
$1,569,000 : 11515 THURSTON Circle, Los Angeles3 beds, 2 full baths
$16,950,000 : 7 OAKMONT Drive, Los Angeles4 beds, 3 full, 1 half baths
$3,935,000 : 1100 CASIANO Road, Los Angeles5 beds, 4 full, 1 half baths
$6,995,000 : 12730 W SUNSET, Los Angeles5 beds, 4 full, 1 half baths
$1,999,000 : 12131 Goshen Avenue, Brentwood3 beds, 1 full bath
$2,495,000 : 906 WELLESLEY Avenue, Los Angeles4 beds, 3 full, 1 half baths
$6,895,000 : 242 AVONDALE Avenue, Los Angeles3 beds, 3 full, 1 half baths
$1,769,000 : 11438 ALBATA Street, Los Angeles3 beds, 2 full baths
$3,525,000 : 237 S CARMELINA Avenue, Los Angeles3 beds, 3 full baths
$6,995,000 : 727 S BURLINGAME Avenue, Los Angeles5 beds, 7 full baths
$2,595,000 : 11906 SALTAIR Terrace, Los Angeles3 beds, 2 full, 1 half baths
$3,495,000 : 1708 WESTRIDGE Road, Los Angeles4 beds, 4 full, 1 half baths
$1,575,000 : 11500 SAN VICENTE Boulevard , Unit 208, Los Angeles2 beds, 2 full, 1 half baths
$6,965,000 : 210 S WESTGATE Avenue, Los Angeles5 beds, 4 full, 1 three-quarter baths
See all Brentwood Homes for Sale.
(all data current as of 4/29/2017)
Listing information deemed reliable but not guaranteed. Read full disclaimer.
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