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 4/24/2014)
$1,895,000 : 211 S BUNDY DR, Los Angeles3 beds, 2 full baths
$1,299,000 : 11863 DARLINGTON AVE, Unit 406, Los Angeles2 beds, 2 full, 1 part baths
$1,200,000 : 11268 CASHMERE ST, Los Angeles2 beds, 1 full, 1 part baths
$899,000 : 11743 KIOWA AVE, Unit 402, Los Angeles2 beds, 2 full, 1 part baths
$18,995,000 : 11459 BELLAGIO RD, Los Angeles10 beds, 8 full, 4 part baths
$649,000 : 11822 GOSHEN AVE, Unit 101, Los Angeles2 beds, 2 full baths
$4,995,000 : 1740 WESTRIDGE RD, Los Angeles5 beds, 6 full baths
$798,000 : 1011 S BARRINGTON AVE, Los Angeles2 beds, 2 full baths
$725,000 : 500 S BARRINGTON AVE, Unit 3, Los Angeles2 beds, 2 full baths
$1,950,000 : 139 S GLENROY AVE, Los Angeles4 beds, 3 full, 1 part baths
$2,299,000 : 1018 N TIGERTAIL RD, Los Angeles4 beds, 3 full baths
$3,800,000 : 3227 MANDEVILLE CANYON RD, Los Angeles4 beds, 4 full, 1 part baths
$639,000 : 11816 GORHAM AVE, Unit 212, Los Angeles2 beds, 2 full baths
$2,785,000 : 12313 12TH HELENA DR, Los Angeles3 beds, 3 full baths
$2,995,000 : 13610 BAYLISS RD, Los Angeles4 beds, 2 full, 1 part baths
Listing information deemed reliable but not guaranteed. Read full disclaimer.
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