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 3/9/2014)
$555,000 : 725 S BARRINGTON AVE, Unit 301, Los Angeles1 bed, 1 full bath
$765,000 : 11718 GOSHEN AVE, Unit 7, Los Angeles2 beds, 3 full baths
$599,000 : 390 S SEPULVEDA, Unit 105, Los Angeles2 beds, 2 full baths
$2,395,000 : 1223 N TIGERTAIL RD, Los Angeles4 beds, 3 full baths
$7,100,000 : 331 N CARMELINA AVE, Los Angeles4 beds, 4 full baths
$3,950,000 : 357 CROWN DR, Los Angeles4 beds, 4 full baths
$6,750,000 : 13430 CHALON RD, Los Angeles3 beds, 3 full, 3 part baths
$5,525,000 : 229 OCEANO DR, Los Angeles5 beds, 3 full, 2 part baths
$539,000 : 530 S BARRINGTON AVE, Unit 306, Los Angeles1 bed, 1 full, 1 part baths
$749,000 : 1120 S BARRINGTON AVE, Los Angeles2 beds, 2 full baths
$749,000 : 11838 KIOWA AVE, Unit 101, Los Angeles2 beds, 2 full baths
$649,000 : 11916 GOSHEN AVE, Unit 8, Los Angeles2 beds, 2 full baths
$4,195,000 : 13172 BOCA DE CANON LN, Los Angeles4 beds, 4 full, 1 part baths
$1,850,000 : 968 N NORMAN PL, Los Angeles3 beds, 2 full baths
$489,000 : 11634 GORHAM AVE, Unit 201, Los Angeles2 beds, 1 full bath
Listing information deemed reliable but not guaranteed. Read full disclaimer.
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