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 4/16/2014)
$999,000 : 11949 GOSHEN AVE, Unit 104, Los Angeles4 beds, 4 full, 1 part baths
2 beds, 2 full baths
$3,695,000 : 240 N KENTER AVE, Los Angeles5 beds, 5 full baths
$4,995,000 : 581 S BURLINGAME AVE, Los Angeles7 beds, 9 full, 1 part baths
$2,100,000 : 274 DENSLOW AVE, Los Angeles4 beds, 4 full, 1 part baths
$619,000 : 11816 GORHAM AVE, Unit 114, Los Angeles2 beds, 2 full baths
$829,000 : 750 South Bundy Drive, Unit 108, Brentwood2 beds, 3 full baths
$5,995,000 : 221 S CLIFFWOOD AVE, Los Angeles4 beds, 2 full, 3 part baths
$308,000 : 11645 MONTANA AVE, Unit 104, Los Angeles0 beds, 1 full bath
$2,675,000 : 3565 MANDEVILLE CANYON RD, Los Angeles5 beds, 2 full, 4 part baths
$425,000 : 11836 MAYFIELD AVE, Unit 6, Los Angeles1 bed, 1 full bath
$2,850,000 : 12220 DARLINGTON AVE, Los Angeles5 beds, 3 full, 3 part baths
$460,000 : 11645 Montana Avenue, Unit 223, Los Angeles1 bed, 1 full bath
$899,000 : 865 S BUNDY DR, Los Angeles2 beds, 2 full, 1 part baths
$3,250,000 : 259 TILDEN AVE, Los Angeles5 beds, 4 full baths
Listing information deemed reliable but not guaranteed. Read full disclaimer.
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