RESIDENTIAL MARKET BEAT

Los Angeles, CA 90049 - Brentwood

Single-Family Homes

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Los Angeles, CA 90049 - Brentwood

Sun Sep 15 2024
This week the median list price for Los Angeles, CA 90049 - Brentwood is $7,619,000 with the market action index hovering around 30. This is less than last month's market action index of 31. Inventory has decreased to 92. Click here to stay informed with the Los Angeles market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

While prices have recently plateaued, this is a buyer’s market and the supply of homes listed has started growing relative to demand. This indicates that prices could easily resume a downward trend in conjunction with the MAI. Prices are unlikely to move significantly higher until there is a persistent upward shift in the MAI.

Los Angeles, CA 90049 - Brentwood

Sun Sep 15 2024
This week the median list price for Los Angeles, CA 90049 - Brentwood is $7,619,000 with the market action index hovering around 30. This is less than last month's market action index of 31. Inventory has decreased to 92. Click here to stay informed with the Los Angeles market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

While prices have recently plateaued, this is a buyer’s market and the supply of homes listed has started growing relative to demand. This indicates that prices could easily resume a downward trend in conjunction with the MAI. Prices are unlikely to move significantly higher until there is a persistent upward shift in the MAI.

Real-Time Market Profile

Never miss important changes in the Los Angeles market.
Median List Price $7,619,000
Median Price of New Listings $9,899,999
Per Square Foot $1,471
Average Days on Market 145
Median Days on Market 95
Price Decreased 39%
Price Increased 0%
Relisted 25%
Inventory 92
Median Rent
Market Action 30
Slight Seller's Advantage

We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

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
$20,000,000 9,294 0.5 - 1 acre 6 7 5 0 0 175
$10,495,000 6,055 0.25 - 0.5 acre 5 5.5 33 2 3 49
$5,149,000 4,150 0.25 - 0.5 acre 5 4.5 62 0 1 77
$2,925,000 2,418 0.25 - 0.5 acre 4 3 65 0 5 84