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
$3,099,000 : 13123 Garden Land Road, Los Angeles5 beds, 4 full, 1 three-quarter, 1 half baths
$2,049,000 : 1023 S BUNDY Drive, Los Angeles2 beds, 1 full, 1 three-quarter, 1 half baths
$6,795,000 : 2492 MANDEVILLE CANYON Road, Los Angeles6 beds, 5 full, 1 half baths
$2,895,000 : 450 N SKYEWIAY Road, Los Angeles3 beds, 2 full, 1 three-quarter baths
$799,000 : 171 N CHURCH Lane , Unit 619, Los Angeles2 beds, 2 full, 1 half baths
$2,899,000 : 912 N KENTER Avenue, Los Angeles5 beds, 4 full, 1 half baths
$22,500,000 : 800 LINDA FLORA Drive, Los Angeles5 beds, 6 full baths
$5,295,000 : 736 CLAYMONT Drive, Los Angeles5 beds, 2 full, 4 three-quarter, 2 half baths
$8,795,000 : 120 N CLIFFWOOD Avenue, Los Angeles4 beds, 2 full, 3 three-quarter, 1 half baths
$1,949,000 : 300 S THURSTON Avenue, Los Angeles4 beds, 3 full baths
$749,000 : 11646 CHENAULT Street , Unit 9, Los Angeles2 beds, 2 full baths
$1,175,000 : 2222 THE Terrace Terrace, Los Angeles1 bed, 1 full, 1 quarter baths
$1,700,000 : 11808 DOROTHY Street , Unit 308, Los Angeles2 beds, 2 full, 1 half baths
$4,250,000 : 120 Stonehaven Way, Los Angeles3 beds, 5 full baths
$11,495,000 : 525 BELLAGIO Terrace, Los Angeles5 beds, 6 full, 1 half baths
See all Brentwood Homes for Sale.
(all data current as of 10/23/2016)
Listing information deemed reliable but not guaranteed. Read full disclaimer.
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