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
See all Brentwood Homes for Sale.
(all data current as of 10/25/2014)
$849,000 : 11690 MONTANA AVE, Unit 102, Los Angeles2 beds, 2 full, 1 part baths
$2,850,000 : 13000 BRENTWOOD TER, Los Angeles3 beds, 3 full baths
$2,700,000 : 12960 BRENTWOOD TER, Los Angeles3 beds, 3 full baths
$1,299,000 : 871 GRANVILLE AVE, Unit 202, Los Angeles3 beds, 2 full, 1 part baths
$1,975,000 : 420 S WESTGATE AVE, Los Angeles3 beds, 3 full, 1 part baths
$475,000 : 289 S BARRINGTON AVE, Unit 210, Los Angeles1 bed, 1 full bath
$1,389,000 : 11738 KIOWA AVE, Unit 103, Los Angeles3 beds, 2 full, 1 part baths
$675,000 : 11928 KIOWA AVE, Unit 306, Los Angeles2 beds, 2 full baths
$1,250,000 : 11411 AYRSHIRE RD, Los Angeles3 beds, 4 full baths
$625,000 : 612 S BARRINGTON AVE, Unit 213, Los Angeles2 beds, 2 full baths
$1,895,000 : 11355 HOMEDALE ST, Los Angeles3 beds, 3 full baths
$1,729,000 : 127 S BOWLING GREEN WAY, Los Angeles4 beds, 2 full baths
$2,795,000 : 1030 KENFIELD AVE, Los Angeles5 beds, 4 full baths
$1,379,000 : 11363 WATERFORD ST, Los Angeles3 beds, 2 full baths
$1,195,000 : 3459 MANDEVILLE CANYON RD, Los Angeles4 beds, 1 full, 2 part baths
Listing information deemed reliable but not guaranteed. Read full disclaimer.
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