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 9/1/2014)
$1,295,000 : 11807 DOROTHY ST, Unit 2, Los Angeles4 beds, 3 full, 1 part baths
$979,000 : 11848 GOSHEN AVE, Unit 302, Los Angeles3 beds, 2 full, 1 part baths
$2,295,000 : 1094 ACANTO PL, Los Angeles5 beds, 2 full, 1 part baths
$1,749,000 : 1459 ALLENFORD AVE, Los Angeles3 beds, 3 full baths
1 bed, 1 full bath
1 bed, 1 full bath
$2,995,000 : 516 AVONDALE AVE, Los Angeles3 beds, 3 full baths
$5,499,000 : 2323 MANDEVILLE CANYON RD, Los Angeles5 beds, 5 full, 1 part baths
$599,000 : 11954 Goshen Avenue, Unit 204, Los Angeles2 beds, 1 full, 1 part baths
$2,249,995 : 580 N GREENCRAIG RD, Los Angeles3 beds, 3 full baths
$475,000 : 11639 Chenault Street, Unit 501, Los Angeles1 bed, 1 full bath
$499,000 : 11670 W SUNSET, Unit 108, Los Angeles2 beds, 1 full, 1 part baths
$869,000 : 11733 MONTANA AVE, Unit 212, Los Angeles2 beds, 1 full, 2 part baths
$799,000 : 11939 GORHAM AVE, Unit 205, Los Angeles2 beds, 2 full baths
$635,000 : 11752 BELLAGIO RD, Unit 2, Los Angeles2 beds, 1 full, 2 part baths
Listing information deemed reliable but not guaranteed. Read full disclaimer.
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