Intero's Market Report

Millbrae, CA

Single-Family Homes



Millbrae, CA

Sun Mar 03 2024
This week the median list price for Millbrae, CA is $2,200,000 with the market action index hovering around 62. This is an increase over last month's market action index of 57. Inventory has decreased to 5. 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 begun to heat up in recent weeks. We’re already in a Seller’s market and not surprisingly prices are showing evidence of moving up along with the lower levels of inventory.

Millbrae, CA

Sun Mar 03 2024
This week the median list price for Millbrae, CA is $2,200,000 with the market action index hovering around 62. This is an increase over last month's market action index of 57. Inventory has decreased to 5. 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 begun to heat up in recent weeks. We’re already in a Seller’s market and not surprisingly prices are showing evidence of moving up along with the lower levels of inventory.

Real-Time Market Profile

Never miss important changes in the Millbrae market.
Median List Price $2,200,000
Median Price of New Listings $1,846,500
Per Square Foot $1,038
Average Days on Market 45
Median Days on Market 28
Price Decreased 0%
Price Increased 0%
Relisted 0%
Inventory 5
Median Rent
Market Action 62
Strong Seller's Market

The market continues its bounce again this week. We’re a long way from the market’s high point so watch the Market Action Index as a leading indicator for how long this trend will last.

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
$2,795,000 1,940 0.5 - 1 acre 3 2 65 1 0 28
$2,388,000 2,300 4,500 - 6,500 sqft 5 3 74 0 0 28
$2,200,000 2,520 2.5 - 5 acres 4 3.5 49 0 0 21
$1,493,000 1,480 0 - 4,500 sqft 3 2 62 1 2 73