Brentwood California Real Estate | Market Reality - July 2010

Brentwood California Real Estate Market Reality

Overall the Brentwood California real estate market for single family homes continues to remain strong. The condominium market is becoming somewhat flooded with inventory

Here is my latest analysis of Brentwood real estate:

Single Family Homes in Brentwood

July 2010 sales total: 20

Current Pending Sales: 36

Active Listings: 129

Distressed Single Family Property Watch in Brentwood, CA:

There is 1 single family home Bank-Owned/REOs for sale in Brentwood

There are 6 single family Short Sales for sale in Brentwood

This represents that 5% of the Brentwood single family home real estate market is distressed properties for sale.

Active Single Family Homes for Sale in Brentwood by price range (click on the link to find Brenwood Homes for sale by price range):

Under $1,000,000: 3

$1,000,000 - $1,500,000: 26

$1,500,000 - $3,000,000: 45

$3,000,000 + : 55

Single Family real estate sales (July 2010) in Brentwood by price range:

Under $1,000,000: 1

$1,000,000 - $1,500,000: 7

$1,500,000 - $3,000,000: 10

$3,000,000 +: 2

Burn rate is approximately 4-6 months, and varies by price range.

Condominiums in Brentwood

July 2010 sales total: 11

Current Pending Sales: 16

Active Listings: 102

Distressed Condominium Property Watch in Brentwood, CA:

There is 1 Condominium Bank-Owned/REOs for sale in Brentwood

There are 6 Condominium Short Sales for sale in Brentwood

This represents that under 7% of the Brentwood condominium real estate market is distressed properties for sale.

Active Condominiums for Sale in Brentwood by price range (click on the link to find Brenwood Condos for sale by price range):

Under $500,000: 21

$500,000-$750,000: 41

$750,000-$1,000,000: 24

$1,000,000 + : 16

Condominium real estate sales (July 2010) in Brentwood by price range:

Under $500,000: 0

$500,000-$750,000: 6

$750,000-$1,000,000: 4

$1,000,000 +: 1

Burn rate is approximately 8-9.5 months, and varies by price range.

If you are interested in a detailed analysis of any other Westside Los Angeles real estate market besides the Brentwood real estate market, don't hesitate to call me at: 310-487-0099.

Curious about how this compares to the National Real Estate Market? Check out this great video.