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
$2,849,000 : 872 North Norman Place, Los Angeles4 beds, 2 full, 1 part baths
$739,000 : 11970 Montana Avenue, Unit 112, Los Angeles2 beds, 2 full baths
$10,850,000 : 196 North Thurston Avenue, Los Angeles5 beds, 7 full baths
$1,125,000 : 441 South Barrington Avenue, Unit 204, Los Angeles2 beds, 2 full, 1 part baths
$1,975,000 : 11362 Burnham Street, Los Angeles4 beds, 3 full baths
$1,825,000 : 441 South Barrington Avenue, Unit 401, Los Angeles3 beds, 3 full, 1 part baths
2 beds, 2 full, 1 part baths
$985,000 : 11952 Montana Avenue, Unit 203, Los Angeles2 beds, 3 full baths
$2,590,000 : 12002 Benmore Terrace, Los Angeles3 beds, 2 full, 4 part baths
3 beds, 2 full baths
$1,545,000 : 12553 The Vista, Los Angeles2 beds, 2 full, 1 part baths
1 bed, 1 full, 1 part baths
$1,387,000 : 1301 North Bundy Drive, Los Angeles2 beds, 2 full, 1 part baths
$1,900,000 : 441 South Barrington Avenue, Unit 110, Los Angeles3 beds, 3 full, 1 part baths
$3,000,000 : 1510 North Tigertail Road, Los Angeles2 beds, 2 full baths
See all Brentwood Homes for Sale.
(all data current as of 11/27/2015)
Listing information deemed reliable but not guaranteed. Read full disclaimer.
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