Brentwood Real Estate Half-Year Market Report June 2012

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 Community, Brentwood Homes for Sale

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.

Brentwood Condos

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 4/17/2014)

  1. 4 beds, 4 full, 1 part baths
    Home size: 4,054 sq ft
    Lot size: 21,507 sqft
    Parking spots: 3
    Days on market: 1
  2. 2 beds, 2 full baths
    Home size: 1,000 sq ft
    Lot size: 14,751 sqft
    Year built: 1985
    Parking spots: 2
    Days on market: 1
  3. 3 beds, 3 full baths
    Home size: 2,123 sq ft
    Lot size: 10,664 sqft
    Year built: 1936
    Parking spots: 2
    Days on market: 1
  4. 4 beds, 2 full, 1 part baths
    Home size: 2,929 sq ft
    Lot size: 34,417 sqft
    Year built: 1964
    Parking spots: 2
    Days on market: 2
  5. 6 beds, 7 full, 1 part baths
    Home size: 9,065 sq ft
    Lot size: 17,570 sqft
    Year built: 2007
    Days on market: 3
  6. 4 beds, 4 full, 1 part baths
    Home size: 2,339 sq ft
    Lot size: 23,617 sqft
    Year built: 1986
    Days on market: 4
  7. 5 beds, 5 full baths
    Home size: 4,230 sq ft
    Lot size: 10,334 sqft
    Year built: 1957
    Days on market: 4
  8. 7 beds, 9 full, 1 part baths
    Home size: 6,928 sq ft
    Lot size: 12,493 sqft
    Year built: 1989
    Days on market: 6
  9. 4 beds, 4 full, 1 part baths
    Home size: 3,289 sq ft
    Lot size: 7,941 sqft
    Year built: 1966
    Parking spots: 5
    Days on market: 7
  10. 2 beds, 2 full baths
    Home size: 1,172 sq ft
    Lot size: 14,751 sqft
    Year built: 1985
    Days on market: 7
  11. 2 beds, 3 full baths
    Home size: 1,710 sq ft
    Lot size: 23,864 sqft
    Year built: 1983
    Parking spots: 4
    Days on market: 8
  12. 4 beds, 2 full, 3 part baths
    Home size: 3,195 sq ft
    Lot size: 21,030 sqft
    Year built: 1941
    Parking spots: 2
    Days on market: 8
  13. 0 beds, 1 full bath
    Home size: 475 sq ft
    Lot size: 1.15 ac
    Year built: 1973
    Parking spots: 1
    Days on market: 8
  14. 5 beds, 2 full, 4 part baths
    Home size: 5,079 sq ft
    Lot size: 35,437 sqft
    Year built: 2008
    Parking spots: 2
    Days on market: 8
  15. 1 bed, 1 full bath
    Home size: 702 sq ft
    Lot size: 7,875 sqft
    Year built: 1971
    Parking spots: 1
    Days on market: 8

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. You may also request a Market Snapshot of your area of interest.

Jane Peters

Jane Peters is a Los Angeles Realtor®, specializing in absentee owners, out-of-town-buyers and those needing that extra personal touch to make the buying and selling of Los Angeles real estate a smooth and, believe it or not, fun process.

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Date last updated: 4/17/14 2:08 PM PDT

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