Page 2 - Brentwood - Q1 2020

What is Happening in Today’s Market

In Brentwood, as is evident from the data below, Q1 2019 and Q1 2020 show some interesting developments—namely, there has been a
big jump in median sales price from $2,735,000 in 2019 to $3,119,000 in 2020. Average price per square foot also increased from $1,055
in Q1 2019 to $1,238 in Q1 2020. Homes are spending more days on the market this year, going from an average of 65 days in Q1 2019
to 88 days in Q1 2020. While we may not know what Q2 of this year has in store, I feel these numbers demonstrate a strong market,
with demand and activity right up to April 1, 2020—also known as day one of Q2. As your real estate advisor, my goal is to keep you
updated on pertinent and helpful information. If you would like to discuss current market conditions and how they may impact your
real estate goals, please give me a call.
- Brian Selem
WHATSMYHOMEWORTH-LOSANGELES.COM

ADDRESS SOLD HIGHEST DOM LOWEST DOM

167 S. Rockingham 290 968 S. Gretna 0
167 S. Rockingham Avenue $20,833,500 Avenue Green Way
13151 Ribers Road $15,895,000
254 S. Westgate Avenue $10,125,000
13052 Evanston Street $7,680,000
275 Bentley Circle $7,500,000
Based on sales for 1st quarter of 2020 in 90049 zip code

UP 3.9% UP 14.04 % UP 17.36%

$4,178,475 $4,341,532 $2,735,000 $3,119,000 $1,055.51 $1,238.77

2019 2020 2019 2020 2019 2020

AVERAGE SALES PRICE MEDIAN SALES PRICE AVERAGE PRICE PER SQ. FT.

BRIAN SELEM I The Selem Team I Brian.Selem@TheAgencyRE.com I 424.303.4545 I LIC. #01056044