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 11/26/2014)
$649,000 : 451 S BARRINGTON AVE, Unit 205, Los Angeles2 beds, 2 full baths
$3,195,000 : 517 N BONHILL RD, Los Angeles5 beds, 3 full, 2 part baths
$1,499,000 : 562 North Greencraig Road, Brentwood3 beds, 1 full, 2 part baths
$3,295,000 : 826 MAJORCA PL, Los Angeles5 beds, 2 full, 2 part baths
$3,849,000 : 162 ACARI DR, Los Angeles3 beds, 3 full baths
$768,800 : 11752 DOROTHY ST, Unit 104, Los Angeles2 beds, 1 full, 2 part baths
$1,595,000 : 1122 N KENTER AVE, Los Angeles3 beds, 3 full baths
$8,999,000 : 275 ASHDALE PL, Los Angeles5 beds, 6 full, 1 part baths
$17,000,000 : 717 N TIGERTAIL RD, Los Angeles6 beds, 2 full, 9 part baths
$3,995,000 : 1470 N TIGERTAIL RD, Los Angeles6 beds, 3 full, 1 part baths
$1,595,000 : 815 N TIGERTAIL RD, Los Angeles3 beds, 2 full, 2 part baths
$1,564,500 : 333 South Bundy Drive, Los Angeles3 beds, 2 full, 1 part baths
$7,500,000 : 1748 CORREA WAY, Los Angeles6 beds, 6 full, 1 part baths
$599,000 : 11901 W SUNSET, Unit 105, Los Angeles1 bed, 1 full bath
$325,000 : 283 S BARRINGTON AVE, Unit C1, Los Angeles0 beds, 1 full bath
Listing information deemed reliable but not guaranteed. Read full disclaimer.
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