Brentwood Los Angeles Real Estate Market Report 2011

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.

What is Market Absorption?Search Homes for Sale in Brentwood, Brentwood Real Estate

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?

Brentwood Los Angeles Housing Market Report 2011The under $2M single family housing market in the Brentwood area of Los Angeles is fairly steady and reflects a sellers’ market.  The median price inched up over the same period in 2010.

Brentwood Los Angeles 2011 Housing Market ReportBrentwood homes for sale from $2 to $5M still remain in a sellers’ market primarily because inventory remains fairly low.  The median price has dropped almost 30% over the same period in 2010.

Brentwood Los Angeles Luxury Housing Market Report 2011

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.

Brentwood Los Angeles 2011 Condo Market ReportThe 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

Brentwood Real Estate Market Report, November 2011
Buying a Brentwood Home How did the Market Do?
Brentwood Los Angeles Luxury Real Estate Market

 

See all Brentwood Homes for Sale.
(all data current as of 3/31/2015)

  1. 3 beds, 3 full baths
    Home size: 2,859 sq ft
    Lot size: 9,962 sqft
    Year built: 1956
    Days on market: 1
  2. 3 beds, 3 full baths
    Home size: 2,859 sq ft
    Lot size: 9,962 sqft
    Year built: 1956
    Days on market: 1
  3. 2 beds, 3 full baths
    Home size: 1,563 sq ft
    Lot size: 11,489 sqft
    Year built: 1984
    Parking spots: 4
    Days on market: 3
  4. 2 beds, 2 full, 2 part baths
    Year built: 1961
    Days on market: 4
  5. 3 beds, 2 full, 1 part baths
    Home size: 2,441 sq ft
    Lot size: 34,344 sqft
    Year built: 1985
    Days on market: 5
  6. 6 beds, 7 full, 1 part baths
    Lot size: 15,615 sqft
    Year built: 2007
    Days on market: 5
  7. 3 beds, 2 full, 1 part baths
    Home size: 2,441 sq ft
    Lot size: 34,344 sqft
    Year built: 1985
    Parking spots: 2
    Days on market: 5
  8. 5 beds, 6 full, 2 part baths
    Home size: 9,522 sq ft
    Lot size: 17,382 sqft
    Year built: 2013
    Days on market: 6
  9. 3 beds, 2 full, 1 part baths
    Home size: 1,939 sq ft
    Lot size: 34,344 sqft
    Year built: 1985
    Days on market: 6
  10. 2 beds, 2 full, 2 part baths
    Year built: 1961
    Parking spots: 2
    Days on market: 6
  11. 5 beds, 6 full, 2 part baths
    Home size: 9,522 sq ft
    Lot size: 17,382 sqft
    Year built: 2013
    Days on market: 6
  12. 3 beds, 2 full, 1 part baths
    Home size: 1,939 sq ft
    Lot size: 34,344 sqft
    Year built: 1985
    Days on market: 6
  13. 5 beds, 4 full, 1 part baths
    Home size: 4,412 sq ft
    Lot size: 8,845 sqft
    Year built: 1941
    Days on market: 7
  14. 3 beds, 3 full, 1 part baths
    Home size: 1,933 sq ft
    Lot size: 15,372 sqft
    Year built: 1989
    Days on market: 7
  15. 1 bed, 1 full bath
    Home size: 658 sq ft
    Lot size: 7,376 sqft
    Year built: 1967
    Days on market: 7

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:

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.

(2) Comments

Leave a Reply

Your email address will not be published. Required fields are marked *