Brentwood Real Estate. The Year in Review

Brentwood Market Reports / By /

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 +/- 2011 Active Range Median Pending
264  +75 $700,000 to $18,000,000 $1,727,500 -2.40% 56 $1,095,000 to $18,900,000 $2,897,000 25

Brentwood condo sales 

Sold +/- 2011 Range Median +/- 2011 Active Range Median Pending
165 +6 $190,000 to $2,200,000 $589,500 -0.08%% 41 $324,900 to $1,200,000 $699,000 33

 

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

 

Information provided by MLS/CLAW deemed accurate but not guaranteed

Both the Brentwood single family and condo market performed well in 2012.  The median price is down slightly over 2011, but sales are up.  The problem, as with many other Los Angeles areas is that inventory is low.  Brentwood home sellers, this is a great time to think of listing that home.  Interest rates are low and buyers are out there.

Previous market reports

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

(sample listings)

Condo Condo
Land Land
Rental Rental
Single Family Single Family