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
See all Brentwood Homes for Sale.
(all data current as of 4/17/2014)
$3,800,000 : 3227 MANDEVILLE CANYON RD, Los Angeles4 beds, 4 full, 1 part baths
$639,000 : 11816 GORHAM AVE, Unit 212, Los Angeles2 beds, 2 full baths
$2,785,000 : 12313 12TH HELENA DR, Los Angeles3 beds, 3 full baths
$2,995,000 : 13610 BAYLISS RD, Los Angeles4 beds, 2 full, 1 part baths
$9,450,000 : 453 BELLAGIO TER, Los Angeles6 beds, 7 full, 1 part baths
$999,000 : 11949 GOSHEN AVE, Unit 104, Los Angeles4 beds, 4 full, 1 part baths
$3,695,000 : 240 N KENTER AVE, Los Angeles5 beds, 5 full baths
$4,995,000 : 581 S BURLINGAME AVE, Los Angeles7 beds, 9 full, 1 part baths
$2,100,000 : 274 DENSLOW AVE, Los Angeles4 beds, 4 full, 1 part baths
$619,000 : 11816 GORHAM AVE, Unit 114, Los Angeles2 beds, 2 full baths
$829,000 : 750 South Bundy Drive, Unit 108, Brentwood2 beds, 3 full baths
$5,995,000 : 221 S CLIFFWOOD AVE, Los Angeles4 beds, 2 full, 3 part baths
$308,000 : 11645 MONTANA AVE, Unit 104, Los Angeles0 beds, 1 full bath
$2,675,000 : 3565 MANDEVILLE CANYON RD, Los Angeles5 beds, 2 full, 4 part baths
$425,000 : 11836 MAYFIELD AVE, Unit 6, Los Angeles1 bed, 1 full bath
Listing information deemed reliable but not guaranteed. Read full disclaimer.
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