How is the Brentwood, Los Angeles real estate market doing? Let’s see how the first quarter of 2014 compares to the same period last year. How is inventory affecting sales?
Brentwood single family home sales
Sold | +/- | Median | +/- | Active | Median | Pending |
33 | -11 | $2,530,000 | +17.67% | 73 | $3,995,000 | 17 |
Brentwood condo sales
Sold | +/- | Median | +/- | Active | Median | Pending |
38 | -11 | $776,000 | +11.65 | 50 | $769,000 | 13 |
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
Not surprisingly Brentwood home sales are down and the median price is up. There is a severe shortage of inventory in the Los Angeles real estate market with Brentwood being no excepti0n.
Brentwood home sellers take note. Now is a great time to put your home on the market if it is something you have been thinking about. Buyers are still out there.
Homes for sale in Brentwood
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