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How is the Brentwood Los Angeles Real Estate Market Doing?

By
Real Estate Broker/Owner with Home Jane Realty BRE# 01439865
Are you considering buying or selling Brentwood real estate let's see how the market did in January 2011.

Brentwood Real Estate Market, How is the Brentwood Real Estate Market doing

Brentwood Real Estate Market Trend, How is the Brentwood Real Estate Market Doing?

The Brentwood real estate market for single family homes in January is pretty steady.

The number of sales over December is down by 11, but the number under contract is up by 5. The median sales price and median list price are also up.

If you are thinking of buying a Brentwood home, with 7.66 months of inventory, now is a good time to be looking.

Brentwood Condo Market Trend, Brentwood Real Estate Market Trend Condos

Brentwood Condo Market Trend, Brentwood Real Estate Market Trend Condos

The Brentwood condo market is stagnant.

January sales are down by 4 and under contract by 10 over December. Median sales and list prices are also down.

If you are thinking of buying a Brentwood condo, with 8.13 months of inventory, it is definitely a buyers' market.

Map of Brentwood Los Angeles


View Brentwood, Los Angeles, CA in a larger map

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Buying or Selling a Brentwood Los Angeles Home. What's the Market Doing?

Comments(24)

Claude Cross
Homes By Cross, Inc. - Charlotte, NC
Charlotte NC Homes For Sale

Jane - This Roller-coaster market display is brilliant. It begs someone to call you. Excellent use of data

Feb 18, 2011 09:41 AM
Jane Peters
Home Jane Realty - Los Angeles, CA
Los Angeles real estate concierge services

Claude,  I didn't think of the roller coaster aspect.  Thank you.

Feb 18, 2011 09:52 AM
Robert Vegas Bob Swetz
Las Vegas, NV

WOW Jane very interesting graphs and it's looking good around your neck of the woods!

Vegas Bob ;o)

Feb 18, 2011 10:30 AM
Jane Peters
Home Jane Realty - Los Angeles, CA
Los Angeles real estate concierge services

VB, thank you.  Yep.  Things are very interesting here :)

Feb 18, 2011 10:44 AM
Paul Caloca
The Papas Group (DRE #01766524) - Scotts Valley, CA

When on the roller-coaster: all hands up in the air! Woo hoo!

 

Feb 18, 2011 12:19 PM
Jack Mossman - The Nines Team at Keller Williams in Lodi
The Nines Team at Keller Williams in Lodi - Lodi, CA
The Nines Team in Lodi

Jane - either steady or stagnant are both improvements over declining!  Maybe we really are starting to see some stability in local markets.  Your report is certainly something I'd like to see more often in a wider ranges of markets!

Feb 18, 2011 02:49 PM
Jane Peters
Home Jane Realty - Los Angeles, CA
Los Angeles real estate concierge services

Paul,  hey.  Great thought!

Jack,  it is coming.  Thanks for dropping by.

Feb 18, 2011 02:56 PM
Juli Vosmik
Dominion Fine Properties - Scottsdale, AZ
Scottsdale/Cave Creek, AZ real estate 480-710-0739

Jane, quite an interesting market, but with only 8.13 months of inventory, it looks like your Brentwood real estate is declining a little from the previous months and heading into a great market. 

Feb 18, 2011 05:09 PM
Jane Peters
Home Jane Realty - Los Angeles, CA
Los Angeles real estate concierge services

Juli,  it remains to be seen.  Hopefully, this inventory will be sold before the new homes come on the market. 

Feb 18, 2011 05:19 PM
Elizabeth Weintraub Sacramento Broker
Elizabeth Anne Weintraub, Broker - Sacramento, CA
Put 40 years of experience to work for you

I'm not sure you can tell much by December or January sales, but you've certainly got some interesting price points to work in in Brentwood. Much better than Sacramento, from an agent's perspective.

Feb 19, 2011 11:35 AM
Rebecca Gaujot, Realtor®
Lewisburg, WV
Lewisburg WV, the go to agent for all real estate

Jane, I agree with the others, great graphics and glad to see real estate is not declining.

Feb 20, 2011 10:27 AM
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

Hey Janie!  I can't get OVER your low supply!  Of course, if I were a seller, I'd wish it were shorter but, for buyers, now IS the time to grab a piece of Brentwood Los Angeles real estate up while the getting is good!

And, as always, fabulous job on your market report, simply amazing display!

Feb 20, 2011 01:16 PM
Janice Roosevelt
Keller Williams Brandywine Valley - West Chester, PA
OICP ABR, ePRO,Ecobroker

Jane, would seem to be the time for buyers, especially as the prediction for interest rates to close then end of the year 1 percent higher than this past December. That's a lot less affordability. Great presentation of the material. Love the graph over the photos, very effective

Feb 20, 2011 02:01 PM
Sheldon Neal
Bergen County, NJ - RE/MAX Real Estate Limited - Maywood, NJ
That British Agent Bergen County NJ

Great charts Jane !

Feb 20, 2011 03:46 PM
Jane Peters
Home Jane Realty - Los Angeles, CA
Los Angeles real estate concierge services

Elizabeth,  thank you very much

Rebecca,  thank you.  Me too.

Debe,  I learned from the best - you.

Janice,  thank you.  I appreciate that.

Sheldon,  nice to see you back :)

 

Feb 20, 2011 04:10 PM
Renée Donohue~Home Photography
Savvy Home Pix - Allegan, MI
Western Michigan Real Estate Photographer

Beautiful presentation for Brentwood Jane!

Feb 21, 2011 01:56 AM
Jane Peters
Home Jane Realty - Los Angeles, CA
Los Angeles real estate concierge services

Renee,  thank you kindly.

Feb 21, 2011 04:07 AM
Teri Eckholm
Boardman Realty - White Bear Lake, MN
REALTOR Serving Mpls/St Paul North & East Metro

Jane--I love the photos behind the charts...What a great visual of orange trees for anyone looking to move from the snowy white north to your warm west coast community!

Feb 21, 2011 10:58 AM
Jane Peters
Home Jane Realty - Los Angeles, CA
Los Angeles real estate concierge services

Teri,  thank you very much. These are Coral Trees :)

Feb 21, 2011 11:33 AM
Sun City Grand Homes Surprise AZ Real Estate Leolinda Bowers Designated Broker Leolinda Realty
Leolinda Realty - Surprise, AZ
Sun City Grand in Surprise Arizona

Your graphs are very impressive. :-)

 What's the total number of homes and condos in Brentwood?

Feb 26, 2011 05:21 PM