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 1/26/2015)
$849,000 : 12124 GOSHEN AVE, Unit 204, Los Angeles2 beds, 2 full, 1 part baths
$1,249,000 : 900 S WESTGATE AVE, Unit PH1, Los Angeles3 beds, 3 full baths
$749,000 : 11680 MONTANA AVE, Unit 301, Los Angeles2 beds, 2 full baths
$599,000 : 11750 W SUNSET, Unit 123, Los Angeles2 beds, 2 full baths
$21,950,000 : 11459 BELLAGIO RD, Los Angeles10 beds, 8 full, 4 part baths
$745,000 : 11970 MONTANA AVE, Unit 317, Los Angeles2 beds, 2 full baths
$1,675,000 : 1104 ACANTO PL, Los Angeles3 beds, 3 full baths
$1,599,000 : 11326 GLADWIN ST, Los Angeles3 beds, 2 full baths
$3,900,000 : 2209 BANYAN DR, Los Angeles5 beds, 5 full baths
$3,899,000 : 212 S CARMELINA AVE, Los Angeles3 beds, 4 full baths
$1,525,000 : 11740 W SUNSET BLVD, Unit PH31, Los Angeles3 beds, 2 full, 1 part baths
$1,329,000 : 2260 THE TERRACE, Los Angeles2 beds, 2 full, 1 part baths
$995,000 : 900 S WESTGATE AVE, Unit 301, Los Angeles3 beds, 3 full baths
$2,150,000 : 229 TAVISTOCK AVE, Los Angeles3 beds, 3 full baths
$13,250,000 : 219 N CLIFFWOOD AVE, Los Angeles6 beds, 7 full, 3 part baths
Listing information deemed reliable but not guaranteed. Read full disclaimer.
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