Brentwood Real Estate Market Recap - Week Ending February 7, 2016

A weekly recap and behind the scenes look at what happened in Brentwood real estate home sales for the week ending February 7, 2016.

Active Homes for Sale in Brentwood: 74 (same as last week)  - prices ranging from $1,274,000 to $55,000,000

  • Median price for active homes:  $4,137,500 (↑)

  • Average cost per foot:  $953 (↓)
  • Average days on market: 85 
  • Price Reductions: 22 (↓)

Pending Home Sales: 19 (↑) - prices ranging from $1,260,500 to $9,995,000

  • 5 new pending sale last week up from 4 last week)
  • 5 total pending sales - $3 million or more (↑)

5 sold listings (up from 3 last week):

  • Average days on market: 26 (↓)
  • Average cost per foot: $1064 (↑) 
  • Median price/sold homes: $2,650,000  (last week: $2,380,000)

5 Sold Listings Last Week in Brentwood

1417 Brinkley Ave, Brentwood

Sales Price:  $3,280,000

Days on Market: 61

Cost per foot:  $906

Square feet: 3621;  3 Beds/3 Baths.  Special Notes: Newly remodeled single level family home in the highly desired Polo Fields.  Features include walnut flooring, vaulted ceilings, and custom woodwork paneled walls throughout, skylights and over-sized windows. Chefs kitchen and a grassy backyard with room for a pool.

227 S Woodburn Drive, Brentwood

Sales Price:  $3,200,000

Days on Market: 36

Cost per foot:  $1260

Square feet: 2540;  4 Beds/4 Baths.  Special Notes: Two story, well maintained East Coast Traditional owned by the same family for over 60 years located at the end of a cul-de-sac. Built in 1938 the home exudes charm and comfort throughout.  Flat landscaped private 12,145 square feet lot.

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1204 Chickory Lane Brentwood

Sales Price:  $2,650,000

Days on Market: 0

Cost per foot:  $1123

Square feet: 2358;  3 Beds/2 Baths.  Special Notes: Set on Promontory without obstructions from any other home. Tear Down for New Home Development. Panoramic "Jet Liner" Views from Downtown LA, Getty Center out to Pacific Ocean.

967 Wellesley Ave, Brentwood

Sales Price:  $1,762,000

Days on Market: 9

Cost per foot:  $855

Square feet: 2060;  3 Beds/3 Baths.  Special Notes: Incredible opportunity to remodel or build along the creekside in Brentwood. First time on the market over 30+ years.

12333 Sunset, Brentwood

Sales Price:  $1,410,000

Days on Market: 25

Cost per foot:  $1175

Square feet: 1200;  2 Beds/2 Baths.  Special Notes: Remodel or Build. Traditional house, built in the 50's, sits up high on the back of a 8,400 square foot lot, with lots of trees & mature landscaping between the house & the street. Flat yard sits behind the house.

6 New Listing Last Week in Brentwood