Brentwood Real Estate Half-Year Market Report June 2012

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 Community, Brentwood Homes for Sale

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.

Brentwood Condos

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 10/31/2014)

  1. 2 beds, 2 full baths
    Home size: 1,693 sq ft
    Lot size: 40,013 sqft
    Year built: 1964
    Parking spots: 4
    Days on market: 0
  2. 4 beds, 4 full, 1 part baths
    Home size: 4,810 sq ft
    Lot size: 19,291 sqft
    Parking spots: 6
    Days on market: 1
  3. 2 beds, 2 full baths
    Home size: 1,621 sq ft
    Lot size: 31,739 sqft
    Year built: 1982
    Days on market: 2
  4. 4 beds, 4 full baths
    Home size: 2,695 sq ft
    Lot size: 11,449 sqft
    Year built: 1964
    Days on market: 2
  5. 4 beds, 4 full, 1 part baths
    Home size: 3,221 sq ft
    Lot size: 5,551 sqft
    Year built: 2002
    Days on market: 2
  6. 3 beds, 3 full baths
    Home size: 1,760 sq ft
    Lot size: 6,875 sqft
    Year built: 1941
    Days on market: 2
  7. 4 beds, 4 full, 1 part baths
    Home size: 4,006 sq ft
    Lot size: 6,981 sqft
    Year built: 2014
    Parking spots: 2
    Days on market: 3
  8. 2 beds, 2 full baths
    Home size: 1,160 sq ft
    Lot size: 9,716 sqft
    Year built: 1962
    Days on market: 4
  9. 3 beds, 3 full baths
    Home size: 3,153 sq ft
    Lot size: 14,244 sqft
    Year built: 1954
    Parking spots: 8
    Days on market: 4
  10. 3 beds, 3 full baths
    Home size: 3,013 sq ft
    Lot size: 21,168 sqft
    Year built: 1963
    Days on market: 4
  11. 3 beds, 3 full baths
    Home size: 2,034 sq ft
    Lot size: 9,823 sqft
    Year built: 1956
    Days on market: 4
  12. 2 beds, 3 full baths
    Home size: 1,432 sq ft
    Lot size: 32,988 sqft
    Year built: 1971
    Days on market: 5
  13. 2 beds, 2 full, 1 part baths
    Home size: 1,482 sq ft
    Year built: 1990
    Days on market: 8
  14. 3 beds, 2 full, 1 part baths
    Home size: 1,870 sq ft
    Lot size: 7,347 sqft
    Year built: 2001
    Days on market: 9
  15. 3 beds, 3 full, 1 part baths
    Home size: 2,856 sq ft
    Lot size: 6,980 sqft
    Year built: 1960
    Parking spots: 2
    Days on market: 9

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Buying or Selling Los Angeles Real Estate

Buying or selling a Los Angeles home can be a daunting process in a city this size, especially if you’re new to L.A. Town. You’ll need a resident expert to show you around and help you narrow down the areas where you might like to live. I will help you find the perfect home in the right area to fit your lifestyle, budget and needs!

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If you are an absentee owner, you’ll need someone to handle all the details that you can’t handle remotely. That’s where I come in – I’m there when you can’t be. I also specialize in lease property in Los Angeles.

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For more information on how I can best serve your Los Angeles real estate needs, don’t hesitate to fill out the contact form or give me a call at 310-473-6919. You may also request a Market Snapshot of your area of interest.

Jane Peters

Jane Peters is a Los Angeles Realtor®, specializing in absentee owners, out-of-town-buyers and those needing that extra personal touch to make the buying and selling of Los Angeles real estate a smooth and, believe it or not, fun process.

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