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 12/11/2013)
$589,500 : 171 North Church Lane, Unit 305, Los Angeles2 beds, 2 full baths
$4,900,000 : 130 S BURLINGAME AVE, Los Angeles5 beds, 5 full baths
$2,350,000 : 2209 BANYAN DR, Los Angeles5 beds, 5 full baths
$2,300,000 : 417 South Gretna Green Way, Los Angeles3 beds, 2 full, 1 part baths
$789,000 : 11718 DARLINGTON AVE, Unit 5, Los Angeles2 beds, 2 full baths
$869,000 : 1120 GRANVILLE AVE, Unit 302, Los Angeles2 beds, 2 full, 1 part baths
$859,000 : 114 GRANVILLE AVE, Los Angeles2 beds, 2 full, 1 part baths
$899,000 : 12011 GOSHEN AVE, Unit 305, Los Angeles2 beds, 3 full baths
$2,980,000 : 12300 DARLINGTON AVE, Los Angeles4 beds, 4 full, 1 part baths
$1,549,000 : 341 S BENTLEY AVE, Los Angeles4 beds, 3 full baths
$899,000 : 453 S BARRINGTON AVE, Unit 201, Los Angeles2 beds, 3 full baths
$399,900 : 11639 CHENAULT ST, Unit 303, Los Angeles1 bed, 1 full bath
$4,995,000 : 412 N CLIFFWOOD AVE, Los Angeles5 beds, 2 full, 2 part baths
$4,499,000 : 3167 STONE OAK DR, Los Angeles6 beds, 6 full, 1 part baths
$1,895,000 : 640 S BUNDY DR, Los Angeles3 beds, 3 full, 1 part baths
Listing information deemed reliable but not guaranteed. Read full disclaimer.
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