What is happening in Brentwood?
As both residents and workers in Brentwood know, we are all looking at more traffic in our lovely community as construction work begins the expansion of Brentwood and Archer Schools. Hopefully some of the traffic mitigation “fixes” that are being introduced including more traffic safety officers at Sunset and the 405 will bring some relief. It is such a lovely community, everyone wants to be here! Fingers crossed!
From a real estate perspective, how has Brentwood fared this past year vs. 2015? Currently there are 5 active sale listings, 2 homes are in escrow, and there have been 2 closed escrows this past quarter. This is in comparison to 4 active sale listings in the 4th quarter of ’15, 1 home in escrow, and 1 closed escrow. Year over year, there were 8 closed escrows in 2016 compared to 16 in 2015. This is an obvious reflection of the continuing issue of low inventory.
As always I am here to assist you with any and all of your real estate needs. I look forward to hearing from you.