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
$1,199,000 : 11690 MONTANA Avenue , Unit 308, Los Angeles2 beds, 2 full, 1 half baths
$1,999,500 : 1904 WESTRIDGE Terrace, Los Angeles3 beds, 2 full, 1 half baths
$1,700,000 : 11978 MAYFIELD Avenue , Unit 3, Los Angeles3 beds, 3 full, 1 three-quarter baths
$1,125,000 : 11932 GOSHEN Avenue , Unit 301, Los Angeles3 beds, 2 full baths
$775,000 : 11627 CHENAULT Street , Unit 5, Los Angeles2 beds, 2 full baths
$990,000 : 12000 GOSHEN Avenue , Unit 106, Los Angeles4 beds, 4 full baths
$3,400,000 : 375 DALKEITH Avenue, Los Angeles4 beds, 3 full baths
$2,950,000 : 147 N ANITA Avenue, Los Angeles4 beds, 3 full baths
$899,000 : 859 S BUNDY Drive , Unit 105, Los Angeles2 beds, 2 full, 1 half baths
$1,595,000 : 11815 DOROTHY Street , Unit 3, Los Angeles3 beds, 2 full, 1 half baths
$3,695,000 : 917 KENTER Way, Los Angeles5 beds, 4 full, 1 half baths
$3,250,000 : 1089 MORAGA Drive, Los Angeles4 beds, 4 full baths
$2,349,000 : 3328 MANDEVILLE CANYON Road, Los Angeles3 beds, 2 full, 1 three-quarter baths
$2,795,000 : 785 NORWAY Lane, Los Angeles5 beds, 4 full baths
2 beds, 2 full baths
See all Brentwood Homes for Sale.
(all data current as of 2/23/2017)
Listing information deemed reliable but not guaranteed. Read full disclaimer.
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