$17,779,000
4,291 SqFt
4 Beds
•5 Full Baths
Amir Zac Mostame, Listing Office: Carolwood Estates
Is Brentwood, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Brentwood was a Seller's Market.
Key Takeaway
Brentwood is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Brentwood, CA
How much do homes in Brentwood, CA cost?
Median Sold Price
$2,225,500
$932/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$424,500(-16.0%)
Key Takeaway
Homes in Brentwood have sold for 16% less than they did a year ago.
Summary: The median home sold price in Brentwood was $2,225,500 in October 2024, down 16% from last year, and the median price per square foot was $932.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $600K | $625K | +4.2% |
| 2 Bedrooms | $1.1M | $1.3M | +17.1% |
| 3 Bedrooms | $2.4M | $2.2M | -7.8% |
| 4 Bedrooms | $3.4M | $3.6M | +6.8% |
| 5+ Bedrooms | $6.7M | $6.5M | -2.3% |
Summary: Brentwood housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.2%, 2 bedroom homes increased by 17.1%, 3 bedroom homes decreased by 7.8%, 4 bedroom homes increased by 6.8%, and 5+ bedroom homes decreased by 2.3%.
Median Sold Price Compared To Nearby Neighborhoods
| Pacific Palisades | $3.5M | $3.1M | -11.1% |
| Brentwood | $2.6M | $2.2M | -16.0% |
Housing Supply in Brentwood, CA
How many homes are available in Brentwood, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 150 | 165 | +10.0% |
Summary: The Brentwood real estate market had 165 homes for sale in October 2024, a 10.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 10 | 12 | +20.0% |
| 2 Bedrooms | 28 | 32 | +14.3% |
| 3 Bedrooms | 27 | 27 | 0.0% |
| 4 Bedrooms | 29 | 31 | +6.9% |
| 5+ Bedrooms | 56 | 63 | +12.5% |
Summary: The Brentwood housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 14.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 6.9%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 29 | 25 | -13.8% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Brentwood, you may be able to get a good deal. 76% of homes here sold below asking price last month.
Summary: A total of 25 homes were sold or pending in Brentwood in October 2024, down by 13.8% month-over-month. Of the 25 sold homes, 76% were sold under asking, 12% were sold at asking, and 12% were sold over asking.
Days on Market for Brentwood, CA
How long does it take to sell a home in Brentwood, CA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 42 Days | 42 Days | 0.4% |
Summary: Homes in Brentwood had an average of 42 days on market in Oct 2024, up by 0.4% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Brentwood are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 25 homes were sold in Brentwood; 52% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.