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
2 beds, 3 full baths
$2,295,000 : 820 South Gretna Green Way, Unit 2, Los Angeles2 beds, 3 full, 1 part baths
$3,175,000 : 1837 Mandeville Canyon Road, Los Angeles3 beds, 1 full, 4 part baths
$2,795,000 : 1333 North Kenter Avenue, Los Angeles3 beds, 3 full baths
$2,379,000 : 743 Claymont Drive, Los Angeles4 beds, 2 full, 1 part baths
3 beds, 2 full, 1 part baths
$739,000 : 11918 Kiowa Avenue, Unit 304, Los Angeles2 beds, 2 full baths
2 beds, 3 full baths
$2,150,000 : 836 South Gretna Green Way, Los Angeles4 beds, 3 full baths
$1,159,000 : 3474 Mandeville Canyon Road, Los Angeles3 beds, 1 full, 1 part baths
$849,000 : 11855 Goshen Avenue, Unit 105, Los Angeles2 beds, 2 full, 1 part baths
$1,325,000 : 11723 Mayfield Avenue, Unit 3, Los Angeles4 beds, 3 full, 1 part baths
$2,195,000 : 1033 South Carmelina Avenue, Los Angeles2 beds, 2 full, 1 part baths
$9,900,000 : 1649 Mandeville Canyon Road, Los Angeles5 beds, 7 full baths
2 beds, 2 full baths
See all Brentwood Homes for Sale.
(all data current as of 8/28/2015)
Listing information deemed reliable but not guaranteed. Read full disclaimer.
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