Brea, California Real Estate

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, weve 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, were 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 youre 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%