Market Report
Los Angeles, CA 90049 - Brentwood
Single-Family Homes
Chartwell Escrow
Los Angeles, CA 90049 - Brentwood
Thu Jun 08 2023
This week the median list price for Los Angeles, CA 90049 - Brentwood is $7,597,500 with the market action index hovering around 34. This is less than last month's market action index of 35. Inventory has increased to 76.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
The market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.
Real-Time Market Profile
| Median List Price | $7,597,500 | |
| Median Price of New Listings | $2,795,000 | |
| Per Square Foot | $1,431 | |
| Average Days on Market | 138 | |
| Median Days on Market | 91 | |
| Price Decreased | 34% | |
| Price Increased | 3% | |
| Relisted | 18% | |
| Inventory | 76 | |
| Median Rent | ||
| Market Action | 34 | |
| Slight Seller's Advantage | ||
Prices is this zip code this week saw relatively little change from last week. However the market appears to be trying to establish an uptrend. Keep an eye on the Market Action Index to determine if demand will help push prices higher.
Market Segments
Each segment below represents approximately 25% of the market ordered by price.
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $19,950,000 | 10,750 | 0.5 - 1 acre | 6 | 9 | 7 | 0 | 0 | 105 |
| $11,500,000 | 7,075 | 0.5 - 1 acre | 6 | 6.5 | 18 | 0 | 0 | 63 |
| $4,595,000 | 3,649 | 0.25 - 0.5 acre | 4 | 5 | 59 | 0 | 0 | 98 |
| $2,995,000 | 2,764 | 0.25 - 0.5 acre | 4 | 3 | 64 | 3 | 0 | 70 |