Nicole Costas' Market Report

Los Angeles, CA 90049 - Brentwood

Single-Family Homes

DRE #01049913 | 323-630-6976 |nicole@nicolecostas.com



Los Angeles, CA 90049 - Brentwood

Tue Oct 19 2021
This week the median list price for Los Angeles, CA 90049 - Brentwood is $6,295,000 with the market action index hovering around 36. This is an increase over last month's market action index of 35. Inventory has decreased to 83. 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

In the last few weeks 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 so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Los Angeles, CA 90049 - Brentwood

Tue Oct 19 2021
This week the median list price for Los Angeles, CA 90049 - Brentwood is $6,295,000 with the market action index hovering around 36. This is an increase over last month's market action index of 35. Inventory has decreased to 83. 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

In the last few weeks 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 so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Los Angeles market.
Median List Price $6,295,000
Median Price of New Listings $6,300,000
Per Square Foot $1,326
Average Days on Market 177
Median Days on Market 98
Price Decreased 28%
Price Increased 1%
Relisted 20%
Inventory 83
Median Rent $14,000
Market Action 36
Slight Seller's Advantage

We continue to see prices in this zip bounce around these current levels. Look for a persistent change in the Market Action Index before we see prices deviate significantly from here.

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
$22,249,500 11,616 1 - 2.5 acres 6 8 20 3 2 143
$8,895,000 7,004 0.5 - 1 acre 6 7 40 1 2 126
$4,975,000 3,823 0.25 - 0.5 acre 4 4 57 1 1 105
$2,995,000 2,940 0.25 - 0.5 acre 4 3 62 2 4 49