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
$5,000,000 : 2803 Mandeville Canyon Road, Los Angeles5 beds, 4 full, 1 part baths
$2,499,000 : 3275 Mandeville Canyon Road, Los Angeles5 beds, 6 full baths
1 bed, 1 full bath
$869,000 : 11733 Montana Avenue, Unit 209, Los Angeles2 beds, 1 full, 2 part baths
$399,000 : 11645 Montana Avenue, Unit 110, Los Angeles0 beds, 1 full bath
$7,500,000 : 12920 Hanover Street, Los Angeles0 beds, 0 baths
$2,199,000 : 3227 Elvido Drive, Los Angeles4 beds, 3 full, 1 part baths
2 beds, 2 full baths
$715,000 : 11947 Dorothy Street, Unit 202, Los Angeles2 beds, 2 full baths
$1,895,000 : 12345 Ridge Circle, Los Angeles3 beds, 3 full, 1 part baths
$1,000,000 : 410 South Barrington Avenue, Unit 105, Los Angeles3 beds, 2 full, 1 part baths
$3,595,000 : 2513 Pesquera Drive, Los Angeles5 beds, 4 full, 1 part baths
$3,399,000 : 11980 Foxboro Drive, Los Angeles4 beds, 5 full, 1 part baths
$3,295,000 : 3543 Mandeville Canyon Road, Los Angeles4 beds, 4 full, 1 part baths
$485,000 : 11838 Kiowa Avenue, Unit 203, Los Angeles1 bed, 1 full bath
See all Brentwood Homes for Sale.
(all data current as of 8/4/2015)
Listing information deemed reliable but not guaranteed. Read full disclaimer.
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