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Let's see how the Brentwood real estate market did in the 1st Qtr. of 2013 compared to the 4th Qtr of 2012. Does Brentwood have the kind of low inventory that the rest of the City is experiencing? Sold +/- Median +/- Active Median Pending 44 -36 $2,150,000 +30% 77 $2,799,000 35 Beverly Hills condo sales Sold +/- Median +/- Active Median Pending 49 +10 $695,000 +12.64% 38 $794,000 37 Sellers … [Read more...]
Brentwood is a trendy, upscale neighborhood on the Westside of Los Angeles. A mix of apartments and condo buildings to the south and single family the further north you go into the hills. With its high end dining and shopping and high walkscore, Brentwood real estate is in high demand. Let's see how the Brentwood real estate market performed in 2012 compared with the previous year. Brentwood single family home sales Sold +/- 2011 Range Median +/- … [Read more...]
Let's check in on the Brentwood real estate market for November and compare to the previous month's numbers. Is it a buyers' or a sellers' market? Has the median price gone up or down. How are sales? NOVEMBER BRENTWOOD SINGLE FAMILY MARKET REPORT # Homes List/Sales Price For sale 62 $999,800 to $18,900,000 Under contract 39 $1,033,100 to $18,900,000 Sold 29 $790,000 to $9,300,000 November sold median … [Read more...]
Let's check in on the Brentwood Los Angeles real estate market and see how it is doing in the period of low inventory and rising prices. … [Read more...]
It is the 3rd Qtr of 2012. Let's see how Brentwood real estate is doing compared with the same period last year. Single family homes Sold: 184 an increase of 41 homes over the same period last year. Median price: $1,787,742, basically no change from last year. Under contract: 40 With 89 homes currently active, and based on the past six months, an average of 23.33 homes sold a month, it will take 3.81 months to sell the existing inventory, making it a strong market for … [Read more...]
Let's check in on the Brentwood real estate market and see what sales have done from August 2011 to August 2012. 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 … [Read more...]
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 … [Read more...]
Let's compare the Brentwood real estate market in the 1st Quarter of 2012 as compared with the same period in 2011. Brentwood Single Family Homes Number Sold: 43, a 30.30% increase over the same period in 2011. Median Price: $1,800,000, a 27.21% increase over the same period in 2011. There are 100 active listings. With a average of 14.33 homes selling a month this means that it will take 6.98 months to sell the existing inventory. A balanced market is 6 months of … [Read more...]
Let's check in and see how the Brentwood housing market did in January. Brentwood single family homes under $1 Million Sold: 2 / +2 over same period last year Median Price: $792,500 Active 7: Absorption rate*: 3.5 months Brentwood condos under $1 Million Sold: 8 / -1 over same period last year Median Price: $484,000 / -13.42% over same period last year Active: 47 Absorption rate*: 6.02 months Brentwood single family homes $1 to $2 Million Sold: 6 / +2 over same … [Read more...]
Let's take a look at how the Brentwood Los Angeles real estate market did in 2011. I have split the 2011 Brentwood real estate market report into four sections, single family by price breakdown and condos. I have also shown relevant percentage comparisons with the 2010 statistics. What is Market Absorption? Market absorption trends show the rate that properties are selling compared with inventory which enables us to see if it is a sellers’ or buyers’ market. 6 months worth of … [Read more...]
Let's see how the Brentwood real estate market is doing. There are actually two Brentwoods in California. I of course am referring to the community in Los Angeles. I always struggle with what information to include in these reports. Average price vs. median price: Average prices can affect what is really going on if there is one extremely high-priced sale. So I use the median price. Average days on the market: One house staying on the market for a long time, possibly because it … [Read more...]
Are you wondering whether now is the time for buying or selling a home in Brentwood Los Angeles? Brentwood is a wonderful, upscale area of Los Angeles, with a mix of housing from apartments, affordable condos to the high end houses north of San Vicente and into the Santa Monica Mountains. Brentwood Los Angeles remains a desirable place to live with its destination restaurants, high-end boutiques and walkable streets. If you are considering buying or selling your Brentwood home now is an … [Read more...]
Brentwood Los Angeles luxury homes The Brentwood Los Angeles luxury home market is slow. The median price is steady but the average days on the market of homes sold is a little longer. With 14 months of inventory at present the Brentwood luxury home market is one for buyers. See previous report the Brentwood Los Angeles luxury home market Check out home under $2 million in the Brentwood real estate market … [Read more...]
Brentwood Los Angeles homes The Brentwood Los Angeles real estate market in the area of homes under $2 million is fairly steady. The median price has held, average days on the market for sold homes is going down and the sales vs list price has gone up. With 8.67 months of inventory, Brentwood Los Angeles homes under $2 million is a buyers market. See previous report for Brentwood single family homes under $2 million How is the Brentwood luxury home market doing? … [Read more...]
The Brentwood Los Angeles real estate market report below shows the market absorption trend for single family homes over What is an absorption rate? This shows the rate at which inventory is being sold and is calculated by the number of homes on the market divided by the number sold in a month. This helps in determining the pricing of homes being put on the market and what kind of market it is. If you have a 10 month selling cycle and want to sell in 5 months you would need to … [Read more...]
