How is the Brentwood L.A. Real Estate Market? 3rd Qtr 2014

How is the Brentwood Los Angeles real estate market doing? Let’s compare with the previous Quarter.

Brentwood single family home sales

Sold +/- Median +/- % Active Median Pending
64 -4 $2,525,000 -7.51 69 $3,398,000 33

Brentwood condo sales

Sold +/- Median +/- % Active Median Pending
70 +11 $770,724 +14.69 56 $831,950 29

Information provided by the MLS/CLAW deemed reliable but not guaranteed

For single family homes,  Brentwood home sales are pretty stable compared with the previous quarter.  The median price is down slightly, but that is not unusual in the luxury housing market.

The average sold price vs. list price for single family homes is 91.95%.

Inventory is down 41% over September 2013.

The Brentwood condo market has improved with sales and median prices up. Inventory is only down 4% over  September  of 2013.

The sold price vs list price was 99.10%.

Although Brentwood sales are healthy, the market still favors sellers based on the months worth of  inventory available.

Previous Brentwood real estate market reports

Homes for sale in Brentwood

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