The May statistics below reflecting Brentwood Los Angeles housing market are taken from the MLS and are for single family homes only. They do not include condos, income property, or private sales.
May was a good month for Brentwood home sales. The number of homes sold and under contract rose significantly over April. In this market the tax credit would probably not have had much of an effect. The median price of homes sold was down slightly, but so were the number of days on the market of those homes.
The months supply of inventory remains the same, 6 months, which means a fairly balanced market.
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Jane - I love Brentwood. Looks like some similar trends to what we are seeing in some other areas in terms of sales and pricing.
Jeff
Jeff, may it long continue.
Good morning Jane,
Brentwood is a lovely area and you are showcasing this community so many can understand the market. Nice presentation..very coloful and easy to read!
Dorie, thank you very much.