Brentwood Homes for Sale 2013 in Review

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 +/- 2012 Range Median +/- 2011 Active
250 -14 $805,000 to $16,000,000 $2,300,000 +33.14% 45

Brentwood condo sales

Sold +/- 2012 Range Median +/- 2012 Active
237 72 $275,000 to $3,100,000 $589,500 +16.20% 30

 

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

Sales of single family homes in Brentwood were down slightly but the median price was up significantly. Based on sales over the past six month there is just over 2 months inventory available making it a very strong sellers’ market.

Sales of condos were up significantly and the media price also rose healthily. With only 30 units on the market there is a severe shortage of Brentwood condos for sale.

Homes for sale in Brentwood

(sample listings)

 

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