Brentwood Real Estate Market Report October 2012

Brentwood Market Reports / By /

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.  OCTOBER BRENTWOOD SINGLE FAMILY MARKET REPORT

# Homes List/Sales Price
 For sale  68 $999,800 to $18,900,000
 Under contract  36 $749,000 to $12,900,000
 Sold  19 $925,000 to $5,500,000
 October sold median price $1,501,000
COMPARISON TO SEPTEMBER
 For sale +13
 Under contract +28
 Sold =
 Sold median price -15.70%
MARKET ABSORPTION
Market history 1 month 3 months 6 months 12 months
Closed transactions  19 64 143 236
Average sold per month 19.00 21.33 23.83 19.67
Homes currently for sale  68 68 68 68
Months supply on the market  3.58 3.19 2.85 3.46

Brentwood single family home sales remained steady in October.  The same number sold as in the previous month.  The median price was down, but the number of new homes coming on the market and the number of pending sales rose healthily.  Inventory is still low and the Brentwood real estate market favors sellers.

 

Sellers Market Balanced Market Buyers’ Market
Less than 5 months 5 to 7 months More than 7 months

 

OCTOBER BRENTWOOD CONDO MARKET REPORT
# Homes List/Sales Price
 For sale  36 $409,000 to $2,400,000
 Under contract  33 $330,000 to $1,250,000
 Sold  11 $307,100 to $975,000
 October sold median price $732,700
COMPARISON TO SEPTEMBER
 For sale +10
 Under contract +17
 Sold -3
 Sold median price +24.82%
MARKET ABSORPTION
Market history 1 month 3 months 6 months 12 months
Closed transactions 11 41 90 157
Average sold per month 11.00 13.67 15.00 13.08
Homes currently for sale  36 36 36 36
Months supply on the market  3.27 2.63 2.40 2.60

 

As with the single family market, the Brentwood condo market belongs to sellers.  The sales in October dropped slightly over the previous month but new listings and pending sales are up.

Previous market reports

Brentwood 2rd Qtr Market Report 2012
Brentwood Real Estate Half-Year Market Report June 2012

Homes for sale in Brentwood

(sample listings)

MLS® #: AR23015168MR
MLS® #: 25497697
  • 607 Siena Way
  • Bel Air CA
  • $177,000,000
  • 8 Beds | 25 Baths | 35,000 SqFt
  • 1 Acres
MLS® #: 25516441
MLS® #: 24-449959
  • 1261 Angelo Dr
  • Beverly Hills CA
  • $175,000,000
  • 16 Beds | 27 Baths | 50,000 SqFt
  • 6 Acres
MLS® #: 23-231909
MLS® #: 23-321859
  • 9505 Gloaming
  • Beverly Hills CA
  • $126,000,000
  • 8 Beds | 20 Baths | 30,610 SqFt
  • 2 Acres
MLS® #: OC25090289MR
MLS® #: 25511979
  • 10936 Chalon Rd
  • Los Angeles CA
  • $120,000,000
  • 9 Beds | 13 Baths | 14,941 SqFt
  • 1 Acres
MLS® #: 25497825
  • 729 Bel Air Rd
  • Los Angeles CA
  • $120,000,000
  • 9 Beds | 20 Baths | 18,784 SqFt
  • 3 Acres
MLS® #: 25520563
MLS® #: CV25067044MR
  • 0 Vineyard
  • ONTARIO CA
  • $112,620,000
  • Beds | 0 Baths | SqFt
  • 56 Acres
MLS® #: ND00001MR
  • 1779 Santa Ivy
  • CHULA VISTA CA
  • $99,999,000
  • 4 Beds | 3 Baths | 2,177 SqFt
  • 0 Acres
MLS® #: NP23184349MR
  • 19 Del Mar
  • NEWPORT COAST CA
  • $89,000,000
  • 5 Beds | 8 Baths | 14,958 SqFt
  • 0 Acres
MLS® #: NDP2505393MR
  • 16401 Calle Feliz
  • RANCHO SANTA FE CA
  • $84,995,000
  • 26 Beds | 22 Baths | 15,000 SqFt
  • 77 Acres
MLS® #: 24-432893
  • 16401 Calle Feliz
  • Rancho Santa Fe CA
  • $84,950,000
  • 26 Beds | 32 Baths | 15,000 SqFt
  • 77 Acres
MLS® #: 24-412907
  • 1420 Davies Dr
  • Beverly Hills CA
  • $77,000,000
  • 8 Beds | 14 Baths | 21,800 SqFt
  • 7 Acres
MLS® #: 71065978MR
MLS® #: 25-482497
MLS® #: NP25009366MR
  • 6 Midsummer
  • NEWPORT COAST CA
  • $70,000,000
  • 7 Beds | 13 Baths | 15,500 SqFt
  • 1 Acres
MLS® #: 24-356083
MLS® #: 25520565
MLS® #: 25494313
  • 2937 Padaro Ln
  • Carpinteria CA
  • $67,500,000
  • 3 Beds | 4 Baths | 2,514 SqFt
  • 4 Acres
MLS® #: 25-481031
MLS® #: CV25072371MR
  • 0 More Mesa Dr
  • SANTA BARBARA CA
  • $65,000,000
  • Beds | 0 Baths | SqFt
  • 265 Acres
MLS® #: 25508661
  • 1 Beach Rd
  • Santa Barbara CA
  • $65,000,000
  • 5 Beds | 7 Baths | SqFt
  • 219 Acres
MLS® #: 24-440479
MLS® #: 24-386085
  • 107 Delfern Dr
  • Los Angeles CA
  • $65,000,000
  • 1 Beds | 19 Baths | 21,000 SqFt
  • 1 Acres
MLS® #: 25494997
MLS® #: 24-437007
MLS® #: 25536679
The information being provided by CARETS (CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS, and/or VCRDS) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing.
Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.
The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
CARETS, California Real Estate Technology Services, is a consolidated MLS property listing data feed comprised of CLAW (Combined LA/Westside MLS), CRISNet MLS (Southland Regional AOR), DAMLS (Desert Area MLS), CRMLS (California Regional MLS), i-Tech MLS (Glendale AOR/Pasadena Foothills AOR) and VCRDS (Ventura County Regional Data Share).
All properties are subject to prior sale, changes, or withdrawal.
This site was last updated Jun-16-2025 11:53:15 pm.
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