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 4/26/2015)
$3,200,000 : 11585 Bellagio Road, Los Angeles5 beds, 4 full, 1 part baths
$6,995,000 : 178 North Carmelina Avenue, Los Angeles4 beds, 5 full, 1 part baths
$4,888,000 : 1423 Jonesboro Drive, Los Angeles8 beds, 4 full, 4 part baths
$3,499,000 : 12240 Gorham Avenue, Los Angeles4 beds, 4 full, 1 part baths
$4,950,000 : 2119 Banyan Drive, Los Angeles4 beds, 4 full baths
1 bed, 1 full bath
$2,895,000 : 12322 Dorothy Street, Los Angeles4 beds, 3 full baths
$395,000 : 11645 Montana Avenue, Unit 110, Los Angeles1 bed, 1 full bath
$1,599,000 : 11606 Chenault Street, Unit 301, Los Angeles4 beds, 4 full, 1 part baths
$2,200,000 : 11366 Farlin Street, Los Angeles4 beds, 3 full baths
$10,795,000 : 1707 Westridge Road, Los Angeles5 beds, 4 full, 1 part baths
$2,149,000 : 339 North Bundy Drive, Los Angeles2 beds, 2 full baths
$1,550,000 : 917 South Bundy Drive, Los Angeles3 beds, 2 full baths
$2,800,000 : 2453 Mandeville Canyon Road, Los Angeles4 beds, 4 full baths
$375,000 : 11645 Montana Avenue, Unit 210, Los Angeles1 bed, 1 full bath
Listing information deemed reliable but not guaranteed. Read full disclaimer.
Buying or Selling Los Angeles Real Estate
Buying or selling a Los Angeles home can be a daunting process in a city this size, especially if you’re new to L.A. Town. You’ll need a resident expert to show you around and help you narrow down the areas where you might like to live. I will help you find the perfect home in the right area to fit your lifestyle, budget and needs!
When I list and sell Los Angeles homes for my clients I strive to make the experience a pleasant one. My mission is to provide outstanding service while utilizing the best practices and systems available.
If you are an absentee owner, you’ll need someone to handle all the details that you can’t handle remotely. That’s where I come in – I’m there when you can’t be. I also specialize in lease property in Los Angeles.
Westside Los Angeles Real Estate, including, but not limited to:
- Westwood Real Estate – Westwood single family homes, Westwood condominiums, Wilshire Corridor condominiums, Century City condominiums
- Brentwood Real Estate – Brentwood single family homes, Brentwood condominiums
- Santa Monica Real Estate – Santa Monica single family homes, Santa Monica condominiums
- Beverly Hills Real Estate – Beverly Hills single family homes, Beverly Hills condominiums
- Culver City Real Estate – Culver City homes
- Silver Lake Real Estate – Silver Lake single homes
- Echo Park Real Estate – Echo Park homes
For more information on how I can best serve your Los Angeles real estate needs, don’t hesitate to fill out the contact form or give me a call at 310-473-6919. You may also request a Market Snapshot of your area of interest.