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Luxury Estate Is My Brentwood Real Estate Pick Of The Week

by hilarystevens September 21, 2011 Find My Dream Home

On Broker Caravan yesterday, I loved this Contemporary Mediterranean  estate.  Built in 2006, this home had 5 bedrooms and 5 and a half baths and all the bells and whistles in 8,000 square feet.  The term “master suite” doesn’t begin to describe.  Large his and her closets off a communal dressing area, living room area …

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An Agent’s Minimum Duty For Broker Open Houses – Brentwood Real Estate News

by hilarystevens September 21, 2011 Latest News

 

Why Broker Open Houses?

With 242 active listings on the market in Brentwood today,  the only way the entire agent community can have first hand knowledge is to visit open houses during Broker Caravan.  Why do we need to see the properties?  It helps us serve our clients in several ways:

We preview properties to present to …

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Seclusion in Brentwood.

by hilarystevens September 20, 2011 Latest News

This is the view from the backyard of new home high above Brentwood’s Mandeville Canyon. Not often you find such a rural view.

Sent from my iPhone

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Brentwood Real Estate Market Trends This Week For Single Family

by hilarystevens September 15, 2011 Find My Dream Home

Altos Research’s data that was released yesterday:

 

Supply and Demand for Single Family Homes

Inventory and days-on-the-market are climbing.  Prices have been on a downward trend recently.  It’s a Buyer’s market that appears to be weakening.

 

The Stats

Median List Price: $1,950,000
Average Price Per Square Foot: $664
Average Days on Market: 162
Properties with Price Decrease: 41%

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Brentwood Real Estate Supply And Demand This Week For Condos

by hilarystevens September 15, 2011 Find My Dream Home

Altos Research data for Brentwood condos released yesterday:

 

Supply And Demand

Despite decreasing inventory lately, days-on-market has been climbing.  If inventory continues to grow relative to demand, there will be downward pressure on prices which have been fairly stable recently.  These are relatively negative implications for the market.

 

The Stats:

Median List Price: $572,000
Asking Price Per Square Foot: $426
Average …

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Brentwood Luxury Estate For Sale Is My Pick Again This Week

by hilarystevens September 14, 2011 Latest News

From Broker Tour yesterday, my favorite house remains the estate on Old Ranch Rd.

Originally, priced at $10,950,000, it is for sale now at $9, 500,000.  This is $1,318.57 per square foot.  This is an example where price per square foot is a little deceptive because it doesn’t really account for land.  The property is more …

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Real Estate Trends in Brentwood For Condos And Homes For Sale

by hilarystevens September 9, 2011 Latest News

Altos Research’s Data for the past week:

Supply And Demand

The single family home market had been consistently cool for several weeks.  Demand level is low relative to the available inventory.  It’s a Buyer’s market and the prices continue to fall.

 

The story is the same for condos.  The market is getting cooler – more supply is coming …

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Brentwood Condo Real Estate Trends

by hilarystevens September 1, 2011 Latest News

photo credit: DonnaGrayson

Here what happened with the Brentwood condo real estate market this past week.

Asking Price Trends

The median asking price dropped, but the per square foot price was unchanged.  This indicates that more lower price homes were on the market before they came off.  See the Quartile numbers …

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Brentwood Single Family Real Estate Trends

by hilarystevens September 1, 2011 Latest News

photo credit: DonnaGrayson

Here is a snapshot of what has been happening in the Brentwood single family Real Estate Market this week.

Single Family Asking Price Trends

The Median Price declined but the Price Per Square Foot remained the same – indicating that more lower priced homes hit the …

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Mid-Century Home In Brentwood Is My Pick This Week

by hilarystevens August 31, 2011 Find My Dream Home

Most of what was on caravan yesterday was a revisit.  2232 Westridge Road just came on the market.  The mid-century modern looks like it has recently been updated, although the listing doesn’t mention it.  If it hasn’t, it has been cared for very well.  The home has 4 bed,s and three and a half baths. …

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