Brea, CA Housing Market
The Brea housing market is very competitive. Homes in Brea receive 4 offers on average and sell in around 20 days. The median sale price of a home in Brea was $958K last month, up 1.1% since last year. The median sale price per square foot in Brea is $561, up 9.8% since last year.
Brea Housing Market Trends
In March 2024, Brea home prices were up 1.1% compared to last year, selling for a median price of $958K. On average, homes in Brea sell after 20 days on the market compared to 30 days last year. There were 19 homes sold in March this year, down from 30 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Brea housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 3% above list price and go pending in around 23 days.
- Hot homescan sell for about 7% above list price and go pending in around 11 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 2% above list price and go pending in around 28 days.
- Hot homescan sell for about 6% above list price and go pending in around 13 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 2% above list price and go pending in around 23 days.
- Hot homescan sell for about 5% above list price and go pending in around 13 days.
Brea Migration & Relocation Trends
- Across the nation, 5% of homebuyers searched to move into Brea from outside metros.
- San Francisco homebuyers searched to move into Brea more than any other metro followed by New York and Seattle.
- 80% of Brea homebuyers searched to stay within the Brea metropolitan area.
- San Diego was the most popular destination among Brea homebuyers followed by Las Vegas and Phoenix.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Jan '24 - Mar '24 | ||
1 | 4,520 | ||
2 | 1,547 | ||
3 | 1,038 | ||
4 | 572 | ||
5 | 121 | ||
6 | 17 | ||
7 | 6 | ||
8 | 6 | ||
9 | 6 | ||
10 | 4 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Jan '24 - Mar '24 | ||
1 | 11,368 | ||
2 | 6,417 | ||
3 | 3,920 | ||
4 | 3,697 | ||
5 | 2,691 | ||
6 | 1,694 | ||
7 | 1,681 | ||
8 | 1,429 | ||
9 | 1,333 | ||
10 | 1,245 |
Home offer insights for Brea
Recent offers
- Offer Not Accepted|7 Weeks Ago~$700K OfferSold for $700K3 bd | 1.75 ba | ~1,250 sqftOver List Price0%Days on Market29Competing Offers3Down Payment<10%
- Offer Not Accepted|11 Weeks Ago~$800K OfferSold for $850K2 bd | 2 ba | ~1,500 sqftOver List Price2%Days on Market12Competing Offers5Down Payment~30%
View houses in Brea that sold recently
Recently sold homes
- $1,326,000 Last Sold Price4 beds2.5 baths2,059 sq ft2742 E Coalinga Dr, Brea, CA 92821List Price$1,299,998Sale to List2% over listDays on Market21 days2742 E Coalinga Dr, Brea, CA 92821
- $720,000 Last Sold Price3 beds2.5 baths1,407 sq ft790 Archwood Ave, Brea, CA 92821Circa Properties, Inc.List Price$705,000Sale to List2% over listDays on Market31 days790 Archwood Ave, Brea, CA 92821
- $1,120,000 Last Sold Price4 beds3 baths1,900 sq ft315 E Alder St, Brea, CA 92821List Price$1,000,000Sale to List12% over listDays on Market31 days315 E Alder St, Brea, CA 92821
- $1,330,000 Last Sold Price4 beds3 baths2,608 sq ft914 Kings Canyon Rd Unit RF, Brea, CA 92821List Price$1,290,000Sale to List3% over listDays on Market48 days914 Kings Canyon Rd Unit RF, Brea, CA 92821
- $1,205,000 Last Sold Price4 beds2 baths1,973 sq ft921 W Tracie Dr, Brea, CA 92821Coldwell Banker RealtyList Price$1,150,000Sale to List5% over listDays on Market72 days921 W Tracie Dr, Brea, CA 92821
- $724,900 Last Sold Price3 beds2.5 baths1,302 sq ft1775 Oldwood Ct, Brea, CA 92821List Price$724,900Sale to List0% over listDays on Market20 days1775 Oldwood Ct, Brea, CA 92821
- $985,000 Last Sold Price4 beds2 baths1,627 sq ft1880 West Skywood St, Brea, CA 92821List Price$999,000Sale to List1% under listDays on Market59 days1880 West Skywood St, Brea, CA 92821
- $290,000 Last Sold Price3 beds2 baths1,680 sq ft1051-205 Site Dr #205, Brea, CA 92821List Price$290,000Sale to List0% over listDays on Market102 days1051-205 Site Dr #205, Brea, CA 92821
See all recently sold homes in Brea.
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Schools in Brea
- Elementary
- Middle
- High
GreatSchools Rating
8/10 Olinda Elementary School Public • K-6 | 684 Students | 13 reviews |
8/10 Mariposa Elementary School Public • K-6 | 598 Students | 12 reviews |
7/10 William E. Fanning Elementary School Public • K-6 | 491 Students | 9 reviews |
7/10 Brea Country Hills Elementary School Public • K-6 | 555 Students | 14 reviews |
6/10 Hermosa Drive Elementary School Public • K-6 | 449 Students | 18 reviews |
Climate's impact on Brea housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Brea.
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Transportation in Brea
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