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Brentwood Los Angeles Real Estate Market Report | 1st Quarter 2012

Let’s compare the Brentwood real estate market in the 1st Quarter of 2012 as compared with the same period in 2011.

Brentwood

Brentwood Single Family Homes

Number Sold:  43, a 30.30% increase over the same period in 2011.

Median Price:  $1,800,000, a 27.21% increase over the same period in 2011.

There are 100 active listings.  With a average of 14.33 homes selling a month this means that it will take 6.98 months to sell the existing inventory.  A balanced market is 6 months of inventory.  So the Brentwood single family home market is edging towards a buyers’ market.  But just.

Brentwood Condos

Number Sold:  29, a 3.57% increase over the same period last year.

Median Price:  $543,000, a 2.95% decrease of the same period last year.

There are 40 active condos on the market.  With an average of 9.67 sold per month this means that it will take 4.14 months to sell the existing inventory.  The Brentwood condo market is definitely favoring sellers.

Brentwood Homes for Sale

 

Showing properties 1 - 15 of 184. See more Brentwood Homes for Sale
(all data current as of 4/23/2012)

  1.  Brentwood Real Estate Market Report, 1st Quarter 2012
    5 beds, 7.5 baths
    Home size: 10,000 sq ft
    Lot size: 13,173 sqft
    Year built: 2009
    Days on market: 1
     
  2.  Brentwood Real Estate Market Report, 1st Quarter 2012
    3 beds, 3.5 baths
    Home size: 3,346 sq ft
    Lot size: 1.04 ac
    Year built: 1979
    Days on market: 1
     
  3. 0 medium Brentwood Real Estate Market Report, 1st Quarter 2012
    5 beds, 7.5 baths
    Home size: 10,000 sq ft
    Lot size: 13,173 sqft
    Year built: 2009
    Days on market: 1
     
  4. 0 medium Brentwood Real Estate Market Report, 1st Quarter 2012
    3 beds, 2.5 baths
    Lot size: 8,102 sqft
    Year built: 1928
    Days on market: 5
     
  5. 0 medium Brentwood Real Estate Market Report, 1st Quarter 2012
    2 beds, 1.75 baths
    Home size: 1,022 sq ft
    Year built: 1956
    Parking spots: 2
    Days on market: 5
     
  6. 0 medium Brentwood Real Estate Market Report, 1st Quarter 2012
    6 beds, 4 full, 1 part baths
    Home size: 4,579 sq ft
    Lot size: 34,848 sqft
    Year built: 1962
    Parking spots: 3
    Days on market: 5
     
  7. 0 medium Brentwood Real Estate Market Report, 1st Quarter 2012
    2 beds, 2 full baths
    Home size: 1,124 sq ft
    Lot size: 2,526 sqft
    Year built: 1940
    Days on market: 5
     
  8. 0 medium Brentwood Real Estate Market Report, 1st Quarter 2012
    3 beds, 3.5 baths
    Home size: 2,300 sq ft
    Lot size: 8,247 sqft
    Year built: 1947
    Days on market: 5
     
  9. 0 medium Brentwood Real Estate Market Report, 1st Quarter 2012
    3 beds, 2 full, 1 part baths
    Home size: 2,390 sq ft
    Lot size: 8,040 sqft
    Year built: 1950
    Days on market: 5
     
  10. 0 medium Brentwood Real Estate Market Report, 1st Quarter 2012
    5 beds, 5.5 baths
    Home size: 4,200 sq ft
    Lot size: 23,960 sqft
    Year built: 1937
    Parking spots: 7
    Days on market: 5
     
  11. 0 medium Brentwood Real Estate Market Report, 1st Quarter 2012
    3 beds, 3 full baths
    Home size: 3,500 sq ft
    Lot size: 10,000 sqft
    Year built: 1954
    Days on market: 6
     
  12.  Brentwood Real Estate Market Report, 1st Quarter 2012
    3 beds, 2.0 baths
    Home size: 1,560 sq ft
    Year built: 1963
    Days on market: 8
     
  13. 0 medium Brentwood Real Estate Market Report, 1st Quarter 2012
    3 beds, 2.5 baths
    Home size: 2,200 sq ft
    Lot size: 7,000 sqft
    Year built: 1925
    Days on market: 9
     
  14. 0 medium Brentwood Real Estate Market Report, 1st Quarter 2012
    3 beds, 1 full, 1 part baths
    Home size: 1,838 sq ft
    Lot size: 7,840 sqft
    Year built: 1958
    Days on market: 10
     
  15. 0 medium Brentwood Real Estate Market Report, 1st Quarter 2012
    3 beds, 2.0 baths
    Home size: 2,259 sq ft
    Lot size: 8,928 sqft
    Year built: 1954
    Parking spots: 4
    Days on market: 11
     

Listing information deemed reliable but not guaranteed. Read full disclaimer.

 

 

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Read more: http://www.homejane.com/brentwood-real-estate-market-report-1st-quarter-2012.html#ixzz1szhbg3GI

Jane Peters, connecting you to the L.A. real estate scene

Buying or selling real estate in Los Angeles can be an overwhelming process.  Contact Jane Peters, Los Angeles realtor specializing in absentee owners, out of town buyers, and those who need that extra attention, in order to make the transaction a smooth, trouble-free, and fun experience.

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10 commentsJane Peters • April 24 2012 02:08PM

Comments

Jane, great real estate market report for your Brentwood Homes for sale.  Great improvement in so many areas.  

Posted by Juli Vosmik, Scottsdale/Cave Creek, AZ real estate 480-710-0739 (Dominion Real Estate Partners, LLC, Scottsdale, AZ) over 2 years ago

Juli, things are looking up.

Posted by Jane Peters, Connecting you to the L.A. real estate scene (Power Brokers Int'l) over 2 years ago

Jane - You did an excellent job putting this real estate market report together for Brentwood real estate.

Posted by Michelle Gibson, REALTOR (Hansen Real Estate Group Inc. ) over 2 years ago

Michelle, I appreciate it, thank you.

Posted by Jane Peters, Connecting you to the L.A. real estate scene (Power Brokers Int'l) over 2 years ago

Jane, I love your market reports - so full of great information. Let's see.... was Brentwood famous for something in the not too distant past?

Posted by John M. Scott, Broker / Owner San Francisco Bay Area (BRE # 01442690, Scott Keys Properties) over 2 years ago

John,  thank you.  And yes, I believe it was.  You can almost see ground zero on the left.

Posted by Jane Peters, Connecting you to the L.A. real estate scene (Power Brokers Int'l) over 2 years ago

Any explanation for the large improvement in Single family homes this year?

Posted by Doug Rogers, Your Pineville Louisiana Agent (Bayou Properties Realty) over 2 years ago

It appears that this is a good time to sell Brentwood single family homes. It's such a pretty area that's centrally located. Your market report is outstanding, easy to read and comprehend.

Posted by Sun City Grand Homes Surprise AZ Real Estate Leolinda Bowers, Associate Broker Realtor Arizona Golf Communities (Long Realty West Valley) over 2 years ago

Doug,  I really do not.  Probably just general market improvement.

Leolinda,  thank you.  I appreciate it.

Posted by Jane Peters, Connecting you to the L.A. real estate scene (Power Brokers Int'l) over 2 years ago
For an ESTIMATE.. keep it simple time and maaeirtls, and a quick description of the method of repair. For example, to repair a scratch in the finish of a dining table, I would provide an ESTIMATE for "repair by touch up of finish using 'xyzabc' maaeirtls", or "stripping and refinishing" of the table, using 'xyzabc' maaeirtls (depending on severity of the damage). I'd also specify if I was going to work on it at the owner's location, or if it needed to be delivered to my shop, either by the customer, or myself, and give a rough idea of how long it would take to complete the work, as well as how long the work itself would take. An example would be "6 hours labor, project finished by MO/Date/Year." (Some repair work requires 'dry time' of either finishes, or glue and the customer needs to be made aware of that.)Obviously, you also need to include the 'business' info, like name, address, phone, etc.Before I began work, I'd have a short contract/work-order stating what I would do to the furniture (signed by the customer), and take before/after photo's. I'd also have a provision stipulating any changes or unexpected problems would result in an increase in the cost, and I'd make the customer initial the contract for those changes.I'd include any warranty info on the contract too.Good Luck
Posted by Shian over 2 years ago

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