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
$2,399,000 : 11411 Ayrshire Road, Brentwood3 beds, 4 full baths
$7,695,000 : 196 N THURSTON Avenue, Los Angeles5 beds, 7 full, 2 half baths
$8,287,000 : 524 N TIGERTAIL Road, Los Angeles6 beds, 5 full, 2 half, 1 quarter baths
$579,000 : 11652 CHENAULT Street , Unit 10, Los Angeles2 beds, 2 full baths
$7,995,000 : 16401 MULHOLLAND Drive, Los Angeles6 beds, 7 full, 1 half baths
$3,395,000 : 1416 BRINKLEY Avenue, Los Angeles6 beds, 3 full, 2 three-quarter baths
$2,995,000 : 12160 LA CASA Lane, Los Angeles5 beds, 4 full, 1 half baths
$539,000 : 11750 W SUNSET , Unit 122, Los Angeles1 bed, 1 full, 1 half baths
$2,899,000 : 912 N KENTER Avenue, Los Angeles4 beds, 4 full, 1 half baths
$18,995,000 : 13151 RIVERS Road, Los Angeles7 beds, 8 full, 2 half baths
2 beds, 2 full baths
2 beds, 2 full baths
$3,295,000 : 16418 SLOAN Drive, Los Angeles4 beds, 5 full baths
$5,700,000 : 565 N TIGERTAIL Road, Los Angeles8 beds, 5 full, 4 three-quarter, 2 half baths
$2,798,000 : 422 S GRETNA GREEN Way, Los Angeles3 beds, 2 full baths
See all Brentwood Homes for Sale.
(all data current as of 8/31/2016)
Listing information deemed reliable but not guaranteed. Read full disclaimer.
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