Another quarter has passed this year and it is time to look at how the Brentwood real estate market has fared over the past 3 months, as compared to the first quarter.
Brentwood Single Family Homes
Number Sold: 90 – 71 in the 2nd Qtr which is a 65% increase over the 1st Qtr.
Median Price: $1,800,000 – in the 2nd Qtr $1,675,000 a 6.9% decrease over the 1st Qtr.
37 homes are under contract.
There are 97 active listings. With a average of 30 homes selling a month this means that it will take 3 months to sell the existing inventory. A balanced market is 6 months of inventory. So the Brentwood single family home market is very much a sellers’ market, as compared to a buyers’ market in the first few months of this year.
There is a shortage of fresh inventory, so Brentwood home sellers, now is a great time to consider putting your homes on the market.
Number Sold: 63 – 50 in the 2nd Qtr a 72.41% increase over the 1st Qtr.
Median Price: $589,500, – $577,000 in the 2nd Qtr a 6.26% increase over the 1st Qtr.
26 condos are under contract.
There are 48 active condos on the market. With an average of 21 sold per month this means that it will take 2.28 months to sell the existing inventory. The Brentwood condo market is definitely favoring sellers. And again, with inventory this low, potential Brentwood condo sellers now is a great time.
Brentwood Homes for Sale
$12,500,000 : 655 Macculloch Drive, Los Angeles7 beds, 8 full baths
$3,895,000 : 235 South Westgate Avenue, Los Angeles4 beds, 4 full, 1 half baths
$1,800,000 : 11500 San Vicente, Unit 522, Los Angeles2 beds, 2 full, 1 half baths
$13,000,000 : 144 North Woodburn Drive, Los Angeles5 beds, 6 full, 2 half baths
$795,000 : 11667 Gorham Avenue, Unit 101, Los Angeles2 beds, 2 full baths
$890,000 : 12124 Goshen Avenue, Unit 101, Los Angeles2 beds, 2 full baths
$3,599,000 : 135 South Westgate Avenue, Los Angeles3 beds, 3 full baths
$8,495,000 : 13107 Boca De Canon Lane, Los Angeles4 beds, 6 full baths
$695,000 : 11687 Bellagio Road, Unit 9, Los Angeles2 beds, 1 full, 1 three-quarter, 1 half baths
$1,789,000 : 11937 West Sunset, Unit 2, Los Angeles4 beds, 3 full, 1 half baths
$5,295,000 : 149 Denslow Avenue, Los Angeles5 beds, 3 full, 2 three-quarter, 1 half baths
$4,495,000 : 13755 Bayliss Road, Los Angeles5 beds, 7 full baths
$975,000 : 11636 Montana Avenue, Unit 201, Los Angeles2 beds, 1 full, 1 three-quarter, 1 half baths
$2,498,000 : 422 South Gretna Green Way, Los Angeles3 beds, 2 full baths
$1,995,000 : 551 Cashmere Terrace, Los Angeles4 beds, 2 full, 1 three-quarter baths
See all Brentwood Homes for Sale.
(all data current as of 2/8/2016)
Listing information deemed reliable but not guaranteed. Read full disclaimer.
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