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
$3,895,000 : 300 South Canyon View Drive, Los Angeles4 beds, 4 full baths
$2,950,000 : 1347 Beckwith Avenue, Los Angeles4 beds, 2 full, 1 three-quarter baths
$1,339,000 : 11921 Dorothy Street, Unit 101, Los Angeles3 beds, 2 full, 1 half baths
$1,279,000 : 11921 Dorothy Street, Unit 201, Los Angeles3 beds, 2 full, 1 half baths
$4,195,000 : 2600 Westridge Road, Los Angeles6 beds, 5 full, 1 half baths
$8,497,000 : 524 North Tigertail Road, Los Angeles6 beds, 8 full, 1 half baths
$2,895,000 : 761 Lockearn Street, Los Angeles5 beds, 4 full baths
$2,095,000 : 2668 Cordelia Road, Los Angeles5 beds, 3 full, 1 half baths
2 beds, 2 full baths
$3,260,000 : 3044 Elvill Drive, Los Angeles4 beds, 4 full baths
$2,300,000 : 11937 West Sunset, Unit 12, Los Angeles4 beds, 3 full, 1 half baths
$2,000,000 : 973 South Gretna Green Way, Los Angeles3 beds, 2 full baths
$6,495,000 : 2442 Banyan Drive, Los Angeles7 beds, 4 full, 2 three-quarter, 3 half, 1 quarter baths
$4,295,000 : 148 South Saltair Avenue, Los Angeles5 beds, 5 full, 1 half baths
$995,000 : 11667 Gorham Avenue, Unit 206, Los Angeles2 beds, 2 full baths
See all Brentwood Homes for Sale.
(all data current as of 5/28/2016)
Listing information deemed reliable but not guaranteed. Read full disclaimer.
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