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Brentwood Real Estate. 2012 in Review

By
Real Estate Broker/Owner with Home Jane Realty BRE# 01439865

Brentwood is a trendy, upscale neighborhood on the Westside of Los Angeles.  A mix of apartments and condo buildings to the south and single family the further north you go into the hills.  With its high end dining and shopping and high walkscore, Brentwood real estate is in high demand.

Brentwood real estate the year in review

Let’s see how the Brentwood real estate market performed in 2012 compared with the previous year.

Brentwood single family home sales

Sold +/- 2011 Range Median +/- 2011 Active Range Median Pending
264  +75 $700,000 to $18,000,000 $1,727,500 -2.40% 56 $1,095,000 to $18,900,000 $2,897,000 25

Brentwood condo sales 

Sold +/- 2011 Range Median +/- 2011 Active Range Median Pending
165 +6 $190,000 to $2,200,000 $589,500 -0.08%% 41 $324,900 to $1,200,000 $699,000 33

 

Sellers Market Balanced Market Buyers’ Market
Less than 5 months 5 to 7 months More than 7 months

 

Information provided by MLS/CLAW deemed accurate but not guaranteed

Both the Brentwood single family and condo market performed well in 2012.  The median price is down slightly over 2011, but sales are up.  The problem, as with many other Los Angeles areas is that inventory is low.  Brentwood home sellers, this is a great time to think of listing that home.  Interest rates are low and buyers are out there.

Previous market reports

Brentwood Real Estate Market Report November 2012
Brentwood Real Estate Market Report October 2012

Brentwood 2rd Qtr Market Report 2012

Brentwood Real Estate Half-Year Market Report June 2012

Homes for sale in Brentwood

(sample listings)

Showing properties 1 - 10 of 134. See more Brentwood Homes for Sale
(all data current as of 1/11/2013)

  1. Photo of 13153 RIVERS RD, Los Angeles, CA 90049 (MLS # 13644529)
    6 beds, 6.5 baths
    Home size: 7,299 sq ft
    Lot size: 23,087 sqft
    Year built: 2006
    Parking spots: 3
    Days on market: 0
     
  2. Photo of 100 N WOODBURN DR, Los Angeles, CA 90049 (MLS # 13644499)
    5 beds, 4.0 baths
    Home size: 4,387 sq ft
    Lot size: 27,138 sqft
    Year built: 1956
    Days on market: 0
     
  3. Photo of 12676 MONTANA AVE, Los Angeles, CA 90049 (MLS # 13644195)
    2 beds, 2.5 baths
    Home size: 1,893 sq ft
    Lot size: 11,231 sqft
    Year built: 1938
    Parking spots: 2
    Days on market: 1
     
  4. Photo of 1000 WELLESLEY AVE, Los Angeles, CA 90049 (MLS # 13644185)
    3 beds, 2.5 baths
    Home size: 1,592 sq ft
    Lot size: 6,980 sqft
    Year built: 1925
    Parking spots: 2
    Days on market: 1
     
  5. Photo of 925 S WESTGATE AVE, Unit 202, Los Angeles, CA 90049 (MLS # 13644151)
    3 beds, 2.5 baths
    Home size: 1,854 sq ft
    Year built: 2000
    Parking spots: 2
    Days on market: 2
     
  6. Photo of 11954 GOSHEN AVE, Unit 203, Los Angeles, CA 90049 (MLS # 13643801)
    2 beds, 2 full baths
    Home size: 1,260 sq ft
    Lot size: 7,372 sqft
    Year built: 1973
    Parking spots: 2
    Days on market: 3
     
  7. Photo of 414 AVONDALE AVE, Los Angeles, CA 90049 (MLS # 13643747)
    3 beds, 4.5 baths
    Home size: 3,443 sq ft
    Lot size: 24,809 sqft
    Year built: 1942
    Days on market: 3
     
  8. Photo of 111 HOMEWOOD RD, Los Angeles, CA 90049 (MLS # 13643629)
    4 beds, 3.5 baths
    Home size: 3,130 sq ft
    Lot size: 20,338 sqft
    Year built: 1938
    Parking spots: 2
    Days on market: 4
     
  9. Photo of 1154 S Barrington Ave 117, Los Angeles, CA 90049 (MLS # S722249)
    1 bed, 1 full bath
    Home size: 695 sq ft
    Lot size: 20,218 sqft
    Year built: 1973
    Parking spots: 1
    Days on market: 4
     
  10. Photo of 3120 ELVIDO DR, Los Angeles, CA 90049 (MLS # 13643537)
    4 beds, 4 full, 1 part baths
    Home size: 3,800 sq ft
    Lot size: 11,727 sqft
    Year built: 1967
    Parking spots: 4
    Days on market: 4
     

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

 



Read more: http://www.homejane.com/brentwood-real-estate-the-year-in-review.html#ixzz2HhNb4MTJ

Comments (15)

Ronald DiLalla
Century 21 Discovery DRE 01813824 - Anaheim, CA
No. Orange Cty Real Estate

Hi Jane, always enjoy viewing stats and charts on other locations.   Thanks for sharing with us in ActiveRain Land.

Jan 11, 2013 04:01 AM
Jane Peters
Home Jane Realty - Los Angeles, CA
Los Angeles real estate concierge services

Ron,  thak you very much.

Jan 11, 2013 04:02 AM
Margaret Goss
@Properties - Winnetka, IL
Chicago's North Shore & Winnetka Real Estate

Wow - 264 single family homes in Brentwood last year - that's great!  I didn't know it was that large (or is it?)

Jan 11, 2013 05:29 AM
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Jane

You certainly have the pulse, and the information, on Brentwood. Looks like the trend we are seeing in many SoCal communities. Anyone needing to buy or sell in the Brentwodo should be on the phone with you!

Jeff

Jan 11, 2013 07:42 AM
Hannah Williams
HomeStarr Realty - Philadelphia, PA
Expertise NE Philadelphia & Bucks 215-820-3376

Great Market report as always

Jan 11, 2013 08:49 AM
Jane Peters
Home Jane Realty - Los Angeles, CA
Los Angeles real estate concierge services

Margaret,   it is not that large, but it is condensed.  And yes, this is a lot of houses.

Jeff,  thank you very much.

Hannary,  thank you too.

Jan 11, 2013 08:53 AM
Laura Allen, Lake Tahoe - Truckee Real Estate for Sale TahoeLauraRealEstate.com
Coldwell Banker Realty, Tahoe City, CA (530) 414-1260 - Tahoe City, CA
Tahoe Real Estate Agent Helping Buyers and Sellers

Jane - I had no idea Brentwood, CA was so expensive.  An average median home sales price of almost $2.9 million is definitely on upper end on home prices!  Excellent market report!

Jan 11, 2013 10:00 AM
Jane Peters
Home Jane Realty - Los Angeles, CA
Los Angeles real estate concierge services

Laura,  thank you.  Yes, Brentwood, isn't cheap.

Jan 11, 2013 12:04 PM
Lanise Warrior-Johnson
Real Estate Brokers Services, Inc. - Compton, CA
Real Estate Specialist

Wow... there are some absolutely gorgeous houses for sale.  Thank you for sharing them.

 

Jan 11, 2013 02:58 PM
Jane Peters
Home Jane Realty - Los Angeles, CA
Los Angeles real estate concierge services

Lanise,  thank you for dropping by.

Jan 12, 2013 09:35 AM
Michelle Gibson
Hansen Real Estate Group Inc. - Wellington, FL
REALTOR

Jane - Great recap of what has taken place in the Brentwood real estate market in 2012.

Jan 13, 2013 01:26 AM
Lanise Warrior-Johnson
Real Estate Brokers Services, Inc. - Compton, CA
Real Estate Specialist
Great blog showcasing the housing market trends & great demand in Brentwood!
Jan 13, 2013 05:15 AM
Rebecca Gaujot, Realtor®
Lewisburg, WV
Lewisburg WV, the go to agent for all real estate

Jane, great market report on Brentwood. The lovely homes have not been on the market long, at least the ones in this post....

Jan 13, 2013 07:24 AM
Broker Patty Da Silva Da Silva
Green Realty Properties® - 954-667-7253 - Cooper City, FL
Top Listing Broker

Jane,

I like $1,550,000 : 12676 MONTANA AVE, Los Angeles it is so charming and it does not break the bank.

Jan 13, 2013 10:10 AM
Jane Peters
Home Jane Realty - Los Angeles, CA
Los Angeles real estate concierge services

Michelle,  thank you.

Lanise,  thank you alsoe.

Rebecca,  inventor is pretty low in Brentwood.

Patty,  you buying?  :)

Jan 14, 2013 04:48 AM