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?
Brentwood condo sales
|Sellers Market||Balanced Market||Buyers’ Market|
|Less than 5 months||5 to 7 months||More than 7 months|
Information provided by the MLS/CLAW deemed reliable but not guaranteed
Like many other areas in Los Angeles the sale of single family homes in Brentwood has dropped significantly, and the median price rose significantly. The absorption rate (the number of months it will take to sell the existing inventory) is low, pointing to a sellers’ market. Not surprisingly the median price is up.
The Brentwood condo market showed in increase in activity with the median price up. Absorption here also reflects a sellers’ market.
Previous market reports
Brentwood Real Estate. The Year in Review
Brentwood Real Estate Market Report November 2012
Brentwood Real Estate Market Report October 2012
Brentwood 2rd Qtr Market Report 2012
Brentwood Real Estate Half-Year Market Report June 2012
Homes for sale in Brentwood
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