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 1/27/2015)
$849,000 : 12124 GOSHEN AVE, Unit 204, Los Angeles2 beds, 2 full, 1 part baths
$1,249,000 : 900 S WESTGATE AVE, Unit PH1, Los Angeles3 beds, 3 full baths
$749,000 : 11680 MONTANA AVE, Unit 301, Los Angeles2 beds, 2 full baths
$599,000 : 11750 W SUNSET, Unit 123, Los Angeles2 beds, 2 full baths
$21,950,000 : 11459 BELLAGIO RD, Los Angeles10 beds, 8 full, 4 part baths
$745,000 : 11970 MONTANA AVE, Unit 317, Los Angeles2 beds, 2 full baths
$1,675,000 : 1104 ACANTO PL, Los Angeles3 beds, 3 full baths
$1,599,000 : 11326 GLADWIN ST, Los Angeles3 beds, 2 full baths
$3,900,000 : 2209 BANYAN DR, Los Angeles5 beds, 5 full baths
$3,899,000 : 212 S CARMELINA AVE, Los Angeles3 beds, 4 full baths
$1,525,000 : 11740 W SUNSET BLVD, Unit PH31, Los Angeles3 beds, 2 full, 1 part baths
$1,329,000 : 2260 THE TERRACE, Los Angeles2 beds, 2 full, 1 part baths
$995,000 : 900 S WESTGATE AVE, Unit 301, Los Angeles3 beds, 3 full baths
$2,150,000 : 229 TAVISTOCK AVE, Los Angeles3 beds, 3 full baths
$13,250,000 : 219 N CLIFFWOOD AVE, Los Angeles6 beds, 7 full, 3 part baths
Listing information deemed reliable but not guaranteed. Read full disclaimer.
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