Brea, California Real Estate

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Brea Real Estate Market Conditions

February update – Low inventory still driving the slow market, time is needed to sell. Real estate in Brea, CA is settling down some now. While Brea has seen its share of price rises, we’ve also seen a dropping inventories. Recently, there has also been quite a bit of Brea real estate that has sold and this has helped to curb the general sluggish market of the past few year. Overall, we’re seeing a changing market with longer wait times to sell. Is it the beginning of a slow market or just the calm before the storm? Time will tell but for those looking to sell Brea real estate in the near future, this page will be very helpful. If you’re really looking more at buying a Brea home, we recommend our Brea Homes For Sale page where you can view all the listings available for sale and use our homefinding tools and local tips. If you just want to quickly browse listings, try the Real Estate Search over to the right (*TIP* Use the Advanced Search to save a search or recieve auto email updates) to view the full list of homes for sale in the city of Brea

Recently SOLD Brea Homes

Brea homes IN ESCROW

 

Last Months Brea Home Sales Statistics

Single Family Homes

New Listings = 16 , yr over yr = (-)20.0%
Pending Sales = 24 , (+)14.3%
Closed Sales = 35 , (+)34.6% 
Days on Market Until Sale = 68 , (+)6.3%
Median Sales Price = $675,000 , (+)9.0%
Average Sales Price = $732,507 , (+)23.4%
Percent of Original Sales Price Received = 94.3% , (-)3.2%
Inventory of Homes For Sale = 70 , (+)52.2%
Months Supply of Inventory = 2.4 , (+)33.3%
 
 
 

Townhouse-Condo

New Listings = 4 , yr over yr = (-)20.0%
Pending Sales = 3 , (-)25.0%
Closed Sales = 4 , (+)33.3%
Days on Market Until Sale = 61 , (+)32.6%
Median Sales Price = $422,500 , (+)15.8%
Average Sales Price = $390,000 , (+)6.4%
Percent of Original Sales Price Received = 95.8% , (-)2.2%
Inventory of Homes For Sale = 9 , (-)10.0%
Months Supply of Inventory = 2.3 , (-)14.8%

 

Sold homes for Brea

 
Number of sold homes in Brea

Avg price per square foot

Brea&amp average price per square foot

 


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Brea Real Estate News

  • Just Sold! Historic Spanish Revival Bungalow in Downtown Brea July 26, 2012 This one is proof that successful short sales are not urban legend and that right now nice homes in very popular neighborhoods can be bought for as much as it would cost to rent them! Everybody has heard the talk about how short sales are a waste of time but most of it is misinformation. Our ...
  • 505 Date St – Brea CA – New Room Rental April 1, 2010 Sneak peak before it goes on market. 2 bedrroms 1 bath of home partitioned off from rest of house. Very private with private entrance. Great area and super cheap 895 per month. Email for details

Brea Home Buying Info

 

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