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 7/22/2014)
$2,295,000 : 11268 HOMEDALE ST, Los Angeles4 beds, 3 full, 1 part baths
$2,090,000 : 701 TEAKWOOD RD, Los Angeles3 beds, 4 full baths
$4,750,000 : 1116 LINDA FLORA DR, Los Angeles5 beds, 4 full, 1 part baths
$3,395,000 : 2794 MANDEVILLE CANYON RD, Los Angeles5 beds, 5 full, 1 part baths
$1,295,000 : 11745 MONTANA AVE, Unit 304, Los Angeles3 beds, 3 full baths
$2,275,000 : 13750 RAYWOOD DR, Los Angeles4 beds, 1 full, 2 part baths
$2,195,000 : 370 N KENTER AVE, Los Angeles3 beds, 2 full, 1 part baths
$4,849,000 : 246 S ANITA AVE, Los Angeles5 beds, 5 full, 1 part baths
$5,388,000 : 1423 Jonesboro Drive, Brentwood5 beds, 4 full, 4 part baths
$2,295,000 : 11540 THURSTON CIR, Los Angeles4 beds, 2 full, 2 part baths
$795,000 : 11754 DARLINGTON AVE, Los Angeles2 beds, 1 full, 1 part baths
$1,050,000 : 11740 W SUNSET BLVD, Unit PH41, Los Angeles2 beds, 2 full, 1 part baths
$1,650,000 : 130 S KENTER AVE, Los Angeles3 beds, 3 full baths
$1,849,000 : 3350 MANDEVILLE CANYON RD, Los Angeles5 beds, 3 full baths
$885,000 : 11743 KIOWA AVE, Unit 401, Los Angeles2 beds, 2 full, 1 part baths
Listing information deemed reliable but not guaranteed. Read full disclaimer.
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