Kelly Laule

Brea, CA

Single-Family Homes



Brea, CA

Fri Sep 20 2019
This week the median list price for Brea, CA is $859,900 with the market action index hovering around 46. This is an increase over last month's market action index of 45. Inventory has held steady at or around 67. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Brea, CA

Fri Sep 20 2019
This week the median list price for Brea, CA is $859,900 with the market action index hovering around 46. This is an increase over last month's market action index of 45. Inventory has held steady at or around 67. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Brea market.
Median List Price $859,900
Per Square Foot $394
Days on Market 82
Price Decreased 43%
Price Increased 9%
Relisted 12%
Inventory 67
Median House Rent $2,900
Most Expensive $2,450,000
Least Expensive $530,000
Market Action Index
Strong Seller's Market
46

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$1,854,000 4,659 8,000 - 10,000 sqft 5 4 5 0 0 118
$1,049,888 2,928 4,500 - 6,500 sqft 4 3 17 1 2 89
$775,000 2,230 6,500 - 8,000 sqft 4 2 41 2 3 64
$680,000 1,625 0 - 4,500 sqft 3 2 41 5 2 61