Brentwood Real Estate Market Recap - Week Ending January 31, 2016

A weekly recap and behind the scenes look at what happened in Brentwood real estate home sales for the week ending January 31, 2016.

Active Homes for Sale in Brentwood: 74 (down from 77)  - prices ranging from $1,274,000 to $55,000,000

  • Median price for active homes:  $3,850,000 (↑)

  • Average cost per foot:  $1100 (↑)
  • Average days on market: 85 (↑)
  • Price Reductions: 23 (↑)

Pending Home Sales: 16 (↓) - prices ranging from $1,260,500 to $3,499,000

  • 4 new pending sale last week (same as last week)
  • 3 total pending sales - $3 million or more (↓)

3 sold listings (down from 4 last week):

  • Average days on market: 177 (↑)
  • Average cost per foot: $617 (↓)
  • Median price/sold homes: $2,380,000  (last week: $1,800,500)

3 Sold Listings Last Week in Brentwood

2209 Banyan Drive, Brentwood

Sales Price:  $2,538,200

Days on Market: 176

Cost per foot:  $492

Square feet: 5159;  5 Beds/5 Baths.  Special Notes: Brentwood Hills with new large chef's kitchen with enormous island, 6 burner stove, side by side refrigerator, 2 wine coolers, microwave oven, 2 level dishwasher, as well as new cabinetry featuring self-closing drawers. The high ceilings throughout create enormous volume to the living space.

1978 Westridge, Brentwood

Sales Price:  $2,380,000

Days on Market: 271

Cost per foot:  $576

Square feet: 4660;  4 Beds/5 Baths.  Special Notes:  Lower Westridge, bordering lower Mandeville and Sullivan Canyon. Quiet and private sanctuary with panoramic city lights and mountain views from almost every room. Three levels of terraces and several windows allow abundant natural light and fresh air.  Grand living room, a generous media/entertainment room with bar and 650 bottle wine room. 

3388 Mandeville Canyon Road, Brentwood

Sales Price:  $2,037,500

Days on Market: 85

Cost per foot:  $849

Square feet: 2400;  3 Beds/3 Baths.  Special Notes:  Private, romantic Tuscan villa on broad corner lot shaded by oak and citrus trees. Features include high trey ceilings, arched doorways, a stunning stone fireplace, rich hardwood flooring, built-ins and a wall of French windows opposite a wall of French doors which flank an enchanting patio, garden and pool area.

9 New Listing Last Week in Brentwood