Los Angeles 90049 – Brentwood – Real Estate Year in Review
Los Angeles’ affluent Brentwood neighborhood saw strong activity and increasing homes prices in 2013. Median price closed out a just a trickle over $3 million and price per square foot climbed as well. Brentwood sellers experienced the same woes that sellers in other affluent L.A. areas did — they got a little too over aggressive with their pricing. Price per square foot peaked midyear along with by no coincidence, inventory. As prices readjusted, inventory moved. It’s a simple equation.