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
$7,995,000 : 1116 LINDA FLORA Drive, Los Angeles5 beds, 3 full, 2 three-quarter, 1 half baths
$1,199,000 : 11690 MONTANA Avenue , Unit 308, Los Angeles2 beds, 2 full, 1 half baths
$1,999,500 : 1904 WESTRIDGE Terrace, Los Angeles3 beds, 2 full, 1 half baths
$1,700,000 : 11978 MAYFIELD Avenue , Unit 3, Los Angeles3 beds, 3 full, 1 three-quarter baths
$1,125,000 : 11932 GOSHEN Avenue , Unit 301, Los Angeles3 beds, 2 full baths
$775,000 : 11627 CHENAULT Street , Unit 5, Los Angeles2 beds, 2 full baths
$990,000 : 12000 GOSHEN Avenue , Unit 106, Los Angeles4 beds, 4 full baths
$3,400,000 : 375 DALKEITH Avenue, Los Angeles4 beds, 3 full baths
$2,950,000 : 147 N ANITA Avenue, Los Angeles4 beds, 3 full baths
$899,000 : 859 S BUNDY Drive , Unit 105, Los Angeles2 beds, 2 full, 1 half baths
$1,595,000 : 11815 DOROTHY Street , Unit 3, Los Angeles3 beds, 2 full, 1 half baths
$3,695,000 : 917 KENTER Way, Los Angeles5 beds, 4 full, 1 half baths
$3,250,000 : 1089 MORAGA Drive, Los Angeles4 beds, 4 full baths
$2,349,000 : 3328 MANDEVILLE CANYON Road, Los Angeles3 beds, 2 full, 1 three-quarter baths
$2,795,000 : 785 NORWAY Lane, Los Angeles5 beds, 4 full baths
See all Brentwood Homes for Sale.
(all data current as of 2/23/2017)
Listing information deemed reliable but not guaranteed. Read full disclaimer.
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