Brentwood Real Estate Market | August 2012

Let’s check in on the Brentwood real estate market and see what sales have done from August 2011 to August 2012.

Brentwood Community, Brentwood Homes for Sale

All information provided by MLS/CLAW is deemed accurate but is not guaranteed. 

Single Family


Month Sold Median For Sale Median Difference
List vs Sold
New
on Market

 Months Supply
of Inventory

 Aug-12 24 $2,512,500 119 $2,395,000 $117,000 30 3.8
 Jul-12 23 $1,720,000 136 $2,295,000 -$575,000 30 3.4
 Jun-12 28 $1,650,000 153 $2,475,000 -$825,000 25 3.5
 May-12 15 $1,838,000 168 $2,237,500 -$399,500 39 5.8
 Apr-12 25 $1,565,000 163 $2,100,000 -$535,000 44 6.8
 Mar-12 18 $1,682,500 154 $2,049,000 -$366,500 32 7.4
 Feb-12 12 $2,187,500 155 $1,895,000 -$292,500 34 5.3
 Jan-12 8 $1,900,000 150 $1,972,500 -$72,500 38 6.7
 Dec-11 9 $2,020,000 142 $1,997,000 $23,000 10 16.0
 Nov-11 17 $1,600,000 157 $2,095,000 -$495,000 26 9.4
 Oct-11 16 $1,742,500 164 $2,042,000  -$299,500 23 10.9
 Sep-11 15 $1,650,000 170 $1,995,000 -$345,000 42 12.8
 Aug-11 14 $1,975,000 173 $1,995,000 -$20,000 33 6.1


Brentwood single family homes median sold price is up 27%  and median sales price up 20% from August 2011.
The number of sold properties is up 71%
The months supply of inventory is down 38% to 3.8 months.  A strong sellers’ market

Condos


Month Sold Median For Sale Median Difference
List vs Sold
New
on Market

 Months Supply
of Inventory

 Aug-12 17 $665,000 65 $699,000 -$34,000 15 3.1
 Jul-12 15 $600,000 75 $729,000 $42,000 19 2.9
 Jun-12 12 $700,000 75 $658,000 -$71,750 11 4.7
 May-12 16 $608,250 91 $680,000 -$169,000 34 3.2
 Apr-12 15 $530,000 81 $699,000 $143,000 17 4.8
 Mar-12 10 $842,000 93 $699,000 -$144,000 17 3.8
 Feb-12 5 $585,000 91 $729,000 -$192,461 22 8.4
 Jan-12 6 $517,014 86 $709,475 -$184,000 27 11.5
 Dec-11 9 $515,000 82 $699,000 -$119,500 4 7.4
 Nov-11 9 $515,000 92 $634,500 -$495,000 12 11.1
 Oct-11 10 $514,500 97 $619,000  -$299,500 10 11.4
 Sep-11 14 $577,500 108 $624,000 -$345,000 24 8.7
 Aug-11 10 $617,500 103 $585,000 -$20,000 20 6.0


Brentwood condos median sold price is up 8% and the for sale median is up 19% over August 2011.
The number of sold properties is up 70%.
The months supply of inventory is down 49% to 3.01 months making it a sellers’ market.

Homes for sale in Brentwood

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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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