Home Sales in Breaare really changing. We are seeing the numbers of homes that sold per week increase by 45% over last year. As far a inventory or available homes for sale, we are seeing a huge drop in numbers, minus 38%, which is really limiting the choice by buyers. For the "deals" or REO homes for sale, new listing of bank owned homes is at 38% of one year ago. Brea currently has only 74 homes for sale, 61 being single family homes, with the remainder of 13 being condos. Brea real estate is very short in supply.
Check for comparable neighborhood prices at www.foustonline.com, Home searches will help you to see what the market is saying. Also review neighborhoods to get a comparison of the areas.
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