Justin Tye

Brea, CA

Single-Family Homes

Active Realty I REAL



Brea, CA

Fri May 24 2024
This week the median list price for Brea, CA is $1,475,000 with the market action index hovering around 78. This is less than last month's market action index of 87. Inventory has increased to 18. Click here to stay informed with the Brea market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market appears to have begun to cool. As we’re still notably in a Seller’s market, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Brea, CA

Fri May 24 2024
This week the median list price for Brea, CA is $1,475,000 with the market action index hovering around 78. This is less than last month's market action index of 87. Inventory has increased to 18. Click here to stay informed with the Brea market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market appears to have begun to cool. As we’re still notably in a Seller’s market, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Brea market.
Median List Price $1,475,000
Median Price of New Listings $1,274,950
Per Square Foot $559
Average Days on Market 25
Median Days on Market 18
Price Decreased 11%
Price Increased 6%
Relisted 0%
Inventory 18
Median Rent
Market Action 78
Strong Seller's Market

Price trends continued their recent uptrend this week. While still below the market’s high point, we may be seeing the start of a good price stretch here.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$2,012,500 3,529 0.5 - 1 acre 5 3.5 33 0 0 52
$1,665,000 3,128 4,500 - 6,500 sqft 4 3 15 1 1 31
$1,300,000 2,386 6,500 - 8,000 sqft 4 3 47 3 0 7
$1,000,000 1,605 6,500 - 8,000 sqft 3 2 61 4 1 0