Brentwood Real Estate Market Recap - Week Ending March 27, 2016

A weekly recap and behind the scenes look at what happened in Brentwood real estate home sales for the week ending March 27, 2016.

Active Homes for Sale in Brentwood: 85 (down from 94 as last week)  - prices ranging from $1,695,000 to $55,000,000

  • Median price for active homes:  $3,998,000 (↑) 

  • Average cost per foot:  $1119 (↑) 
  • Average days on market: 76 (↑) 
  • Price Reductions: 31 (↓)
  • Median price per foot:  $1034 (↑) 

Pending Home Sales: 34 (↑) - prices ranging from $1,274,000 to $12,500,000

  • 12 new pending sale last week (up from 7 last week)
  • 16 total pending sales - $3 million or more (up from 10 last week)

6 Sold Listings (up from 3 last week):

  • Median Price:$2,650,000 (↓)
  • Average days on market: 84 (↑)
  • Average cost per foot:  $799 (↓)

6 Listings Sold Last Week In Brentwood

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1254 N Norman Place, Brentwood

Sales Price:  $3,765,827

Days on Market: 105

Cost per foot:  $831

Square feet: 4534;  5 Beds/6 Baths.  Special Notes: East Hamptons build with warm "Modern Farmhouse" flair. Major ground up construction with dramatic soaring two-story foyer and light-filled open flow. Beautiful gourmet kitchen with stainless steel appliances, Bertazzoni range/oven and Venatino Bianco marble counters. Master suite with spacious volume, finely crafted woodwork, and Getty Museum views (with peek-a-boo ocean/Catalina Island view on clear days). Inspired master bath. Ample 2nd floor landing play area/den under sun-drenched skylights and media room. Fifth bedroom doubles as office, guest, or maid's. 


231 N Kenter Ave, Brentwood

Sales Price:  $3,400,000

Days on Market: 18

Cost per foot:  $809

Square feet: 4203;  5 Beds/6 Baths.  Special Notes:  Wonderful 2 sty Trad home on just under 12k square foot flat lot  with mature trees & full privacy in the heart of Brentwood. Surrounded by charming older homes & extraordinary new estates, this warm, inviting home offers a perfect floor plan & large, private, sun-filled, west-facing yard. French doors in family room lead to incredible backyard with large trellis-covered patio that can accommodate seating for 30+, full outdoor kitchen, large lawn, & pool with fire pit set at the rear of property. This property represents a truly rare opportunity to remodel, expand or create a magnificent estate; Available for the 1st time in 40 years.


1112 Wellesley Ave, Brentwood

Sales Price:  $2,720,000

Days on Market: 317

Cost per foot:  $658

Square feet: 4131;  5 Beds/6 Baths.  Special Notes: Gated front entry, inviting landscaping, exuding privacy. Each room is beautifully situated. Oversized master suite with sitting area & outdoor terrace; plus 4 more generously sized bedrooms and bonus rm. Sunlit living room with tall French doors & high ceilings is linked to an open family area & cook's kitchen, and adjoining formal dining room.


1115 N Norman Place, Brentwood

Sales Price:  $2,580,000

Days on Market: 35

Cost per foot:  $737

Square feet: 3502;  4 Beds/4 Baths.  Special Notes: True Mid-Century Modern classic is your ideal one-story California indoor/outdoor designed by esteemed L.A. architect Louis Katzman. The home's smart & spacious U-shaped layout opens at 7 points of entry to the flat, secluded backyard with lots of trees and sizable swimming pool. Great Room features glorious floor-to-ceiling windows with partial view of the Getty Center. Enjoy exclusive free neighborhood access to Mount Saint Mary's state-of-the-art swimming and tennis facility. 


1407 Allenford Ave, Brentwood

Sales Price:  $2,100,000

Days on Market: 16

Cost per foot:  $940

Square feet: 2234;  3 Beds/3 Baths.  Special Notes: Stylish country ranch home on a large flat lot with park like setting. Enter through the elegant foyer to find wood floors, vaulted wood beam ceilings with sky lights, French doors, and 2 wood burning fireplaces. Chef's kitchen is complete with Bertazzoni 6-burner stove, double ovens, Thermador dishwasher, a wood burning fireplace, and a spacious dining room which opens to a family room. Large master suite and private backyard with 2 patios, fountain, pond, mature avocado and orange trees, and room for a pool. 


3970 Mandeville Canyon, Brentwood

Sales Price:  $1,650,000

Days on Market: 10

Cost per foot:  $819

Square feet: 2015;  3 Beds/3 Baths.  Special Notes: Post mid-century traditional has been well cared for, and rests on over 1 acre of land in a tranquil and serene setting. 2 bedrooms on the main level while the 3rd is located downstairs with its own bathroom and entrance. A large deck with Canyon views provides an extension to an already generously sized family room. French doors from the dining room lead to the back patio with fruit trees, and a vast array of landscaping possibilities. Not included in the square footage is an approx. 400 sqft basement, currently used as a creative space and an adjacent temperature controlled wine cellar.  Turn-key, an accredited school system, a wide, repaved street, and natural light from its elevated set back.


3 New Listings Last Week in Brentwood