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
$3,895,000 : 300 South Canyon View Drive, Los Angeles4 beds, 4 full baths
$2,950,000 : 1347 Beckwith Avenue, Los Angeles4 beds, 2 full, 1 three-quarter baths
$1,339,000 : 11921 Dorothy Street, Unit 101, Los Angeles3 beds, 2 full, 1 half baths
$1,279,000 : 11921 Dorothy Street, Unit 201, Los Angeles3 beds, 2 full, 1 half baths
$4,195,000 : 2600 Westridge Road, Los Angeles6 beds, 5 full, 1 half baths
$8,497,000 : 524 North Tigertail Road, Los Angeles6 beds, 8 full, 1 half baths
$2,895,000 : 761 Lockearn Street, Los Angeles5 beds, 4 full baths
$2,095,000 : 2668 Cordelia Road, Los Angeles5 beds, 3 full, 1 half baths
2 beds, 2 full baths
$3,260,000 : 3044 Elvill Drive, Los Angeles4 beds, 4 full baths
$2,300,000 : 11937 West Sunset, Unit 12, Los Angeles4 beds, 3 full, 1 half baths
$2,000,000 : 973 South Gretna Green Way, Los Angeles3 beds, 2 full baths
$6,495,000 : 2442 Banyan Drive, Los Angeles7 beds, 4 full, 2 three-quarter, 3 half, 1 quarter baths
$4,295,000 : 148 South Saltair Avenue, Los Angeles5 beds, 5 full, 1 half baths
$995,000 : 11667 Gorham Avenue, Unit 206, Los Angeles2 beds, 2 full baths
See all Brentwood Homes for Sale.
(all data current as of 5/30/2016)
Listing information deemed reliable but not guaranteed. Read full disclaimer.
Buying or Selling Los Angeles Real Estate
Buying or selling a Los Angeles home can be a daunting process in a city this size, especially if you’re new to L.A. Town. You’ll need a resident expert to show you around and help you narrow down the areas where you might like to live. I will help you find the perfect home in the right area to fit your lifestyle, budget and needs!
When I list and sell Los Angeles homes for my clients I strive to make the experience a pleasant one. My mission is to provide outstanding service while utilizing the best practices and systems available.
If you are an absentee owner, you’ll need someone to handle all the details that you can’t handle remotely. That’s where I come in – I’m there when you can’t be. I also specialize in lease property in Los Angeles.
Westside Los Angeles Real Estate, including, but not limited to:
- Westwood Real Estate – Westwood single family homes, Westwood condominiums, Wilshire Corridor condominiums, Century City condominiums
- Brentwood Real Estate – Brentwood single family homes, Brentwood condominiums
- Santa Monica Real Estate – Santa Monica single family homes, Santa Monica condominiums
- Beverly Hills Real Estate – Beverly Hills single family homes, Beverly Hills condominiums
- Culver City Real Estate – Culver City homes
- Silver Lake Real Estate – Silver Lake single homes
- Echo Park Real Estate – Echo Park homes
For more information on how I can best serve your Los Angeles real estate needs, don’t hesitate to fill out the contact form or give me a call at 310-473-6919.