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
1 - 15 of 162.
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(all data current as of 6/19/2013)
$839,000 : 11855 GOSHEN AVE, Unit 305, Los Angeles2 beds, 2.5 baths
$2,250,000 : 1106 Linda Flora Drive, Los Angeles4 beds, 4 full baths
$619,000 : 11952 DARLINGTON AVE, Unit 5, Los Angeles2 beds, 1 full, 2 part baths
$3,999,999 : 150 N TIGERTAIL RD, Los Angeles4 beds, 5.0 baths
$3,495,000 : 978 N NORMAN PL, Los Angeles3 beds, 2 full, 1 part baths
$1,400,000 : 11738 Kiowa Avenue #302, Brentwood3 beds, 3 full baths
$1,479,000 : 12212 Darlington Avenue, Brentwood3 beds, 2 full baths
$1,350,000 : 2242 The Terrace, Brentwood2 beds, 2 full, 1 part baths
$2,399,000 : 211 BARLOCK AVE, Los Angeles3 beds, 2.5 baths
$2,269,000 : 11333 THURSTON PL, Los Angeles4 beds, 3.0 baths
$329,500 : 11645 MONTANA AVE, Unit 133, Los Angeles0 beds, 1.0 baths
$1,400,000 : 12400 DEERBROOK LN, Los Angeles3 beds, 1 full, 1 part baths
$925,000 : 11737 GOSHEN AVE, Unit 202, Los Angeles3 beds, 3 full baths
$1,399,000 : 12336 ROCHEDALE LN, Los Angeles3 beds, 2 full, 1 part baths
$899,000 : 11740 West Sunset Boulevard #23, Los Angeles2 beds, 2 full, 1 part baths
Listing information deemed reliable but not guaranteed. Read full disclaimer.
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