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
$1,895,000 : 11666 Bellagio Road, Los Angeles4 beds, 3 full baths
$14,500,000 : 12822 Highwood Street, Los Angeles7 beds, 7 full baths
$869,000 : 11733 Montana Avenue, Unit 212, Los Angeles2 beds, 1 full, 2 part baths
$1,300,000 : 11723 Mayfield Avenue, Unit 3, Los Angeles4 beds, 3 full, 1 part baths
$1,695,000 : 576 North Kenter Avenue, Los Angeles3 beds, 2 full baths
$2,950,000 : 1406 North Kenter Avenue, Los Angeles4 beds, 4 full baths
$2,250,000 : 535 North Bundy Drive, Los Angeles2 beds, 1 full, 1 part baths
$699,900 : 11646 Chenault Street, Unit 28, Los Angeles2 beds, 1 full bath
$1,750,000 : 940 North Bundy Drive, Los Angeles3 beds, 2 full baths
$6,495,000 : 2185 Mandeville Canyon Road, Los Angeles5 beds, 5 full, 1 part baths
$840,000 : 390 South Sepulveda, Unit 307, Los Angeles3 beds, 3 full baths
$1,050,000 : 12115 San Vicente, Unit 306, Los Angeles2 beds, 2 full baths
$690,000 : 11827 Goshen Avenue, Unit 103, Los Angeles2 beds, 2 full baths
$2,799,000 : 1111 South Carmelina Avenue, Los Angeles3 beds, 3 full, 1 part baths
$1,799,000 : 11755 Bellagio Road, Los Angeles3 beds, 4 full baths
See all Brentwood Homes for Sale.
(all data current as of 7/5/2015)
Listing information deemed reliable but not guaranteed. Read full disclaimer.
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