Intero's Market Report

Millbrae, CA

Single-Family Homes



Millbrae, CA

Tue Oct 19 2021
This week the median list price for Millbrae, CA is $2,198,000 with the market action index hovering around 77. This is less than last month's market action index of 78. Inventory has decreased to 7. Click here to stay informed with the Millbrae market!

Market Action Index

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

Strong Seller's Market

The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Millbrae, CA

Tue Oct 19 2021
This week the median list price for Millbrae, CA is $2,198,000 with the market action index hovering around 77. This is less than last month's market action index of 78. Inventory has decreased to 7. Click here to stay informed with the Millbrae market!

Market Action Index

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

Strong Seller's Market

The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Real-Time Market Profile

Never miss important changes in the Millbrae market.
Median List Price $2,198,000
Median Price of New Listings $0
Per Square Foot $1,110
Average Days on Market 92
Median Days on Market 35
Price Decreased 14%
Price Increased 14%
Relisted 0%
Inventory 7
Median Rent $4,800
Market Action 77
Strong Seller's Market

This week saw relatively little price change from last week. However, prices continue demonstrate a nice up trend in general over the last several weeks.

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
$3,498,000 3,150 0.5 - 1 acre 5 3 53 0 0 455
$2,644,000 2,630 8,000 - 10,000 sqft 4 5 73 0 2 24
$2,043,000 1,950 8,000 - 10,000 sqft 3 3 68 0 1 45
$1,484,000 1,301 4,500 - 6,500 sqft 3 2 73 0 2 24