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
$875,000 : 171 North Church Lane, Unit PH 19, Brentwood2 beds, 2 full, 1 part baths
$729,000 : 836 South Bundy Drive, Unit 310, Los Angeles2 beds, 2 full baths
2 beds, 2 full, 1 part baths
$788,888 : 1158 Wellesley Avenue, Unit 102, Los Angeles2 beds, 3 full baths
$989,500 : 814 Amherst Avenue, Unit 301, Los Angeles2 beds, 2 full baths
$5,995,000 : 415 North Barrington Avenue, Los Angeles4 beds, 4 full baths
$3,250,000 : 636 Hanley Avenue, Los Angeles5 beds, 5 full baths
$11,375,000 : 137 North Woodburn Drive, Los Angeles6 beds, 6 full, 4 part baths
$2,399,000 : 16557 Park Lane Circle, Los Angeles5 beds, 4 full, 1 part baths
$1,388,000 : 12254 Montana Avenue, Unit A, Los Angeles5 beds, 4 full baths
$715,000 : 11928 Kiowa Avenue, Unit 103, Los Angeles2 beds, 2 full baths
$1,425,000 : 400 South Barrington Avenue, Unit 401, Los Angeles3 beds, 3 full, 1 part baths
$759,000 : 1164 Wellesley Avenue, Unit 205, Los Angeles2 beds, 2 full baths
$3,595,000 : 150 North Tigertail Road, Los Angeles4 beds, 5 full baths
$895,000 : 11628 Montana Avenue, Unit 207, Los Angeles2 beds, 3 full baths
See all Brentwood Homes for Sale.
(all data current as of 5/28/2015)
Listing information deemed reliable but not guaranteed. Read full disclaimer.
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