Brea,California 92821 and 92823 ~ Residential Real Estate Market Report for September 2007
Brea is a community with a balance of residential housing, business and commercial properties. The City is well know for excellence in education. The schools have been a strong draw for residents in our community.
Current city population is approximately 40,000 residents. Median price is the city is in the low $700,000 price range.
The real estate market report for sales/market activity for September 2007 is as follows:
Single family homes ~ Pricing in the city ranges from $440,000 for a 2 bedroom, 1 bath home of 932 square feet to an upper end price of $1,450,000 to 6 bedrooms and 4 baths, 3,7000 square feet.
Single family sales activity for September ~
- 156 re-sale homes currently for sale in the city, up only slightly from the prior month of July.
- 6 homes sold enter escrow, as compared to 8/August, 22 /July and 17/June.
- 13 homes closed escrow in September, compared to 23/August to 15 for June/July.
- 32 homes were taken off the market, or listings expired or withdrawn for the month compared to 31/Augus and slighty fewer than July.
Condo data for September ~ Prices for condos/townhomes range from a beginning price of: $310,000 for 2 bedroom, 1 bath, with 1,32 square feet to $555,555 for 3 bedrooms 2 ½ baths, with 2,044 square feet.
Condominimum sales activity for September ~ 
- 30 condo/townhomes currently for sale, compared to August/28, which was up slighty from June.
- 2 properties sold and are currently in escrow, compared to the same for 5/August & July and 7/June.
- 4 properties closed escrow, compared to 6 in July and 4 in June.
The majority of Brea homes are priced from the upper $600,000 price range to the upper $800,000 range. Currently there are 19 homes for sale in Brea in excess of $1,000.000.
Interested in Orange County CA real estate or if you're interested in learning more about our fine city take a look at All About Brea ~ Brea, CA 92821 & 92823 and see why it was named one of the Best places to live in the best by Sunset Magazine, Brea The Best of The West, you will see why Brea's the Place to Be. Looking for family entertainment in the City of Brea, check out Family Fun in Good Old Brea, or Brea Summer Fun: Concerts in the Park.
Want to spend a day in Brea? Check out Brea ~ CA as Featured in Westways Magazine for day tripping around town. If you're want more on Brea real estate contract me Lynda Eisenmann at Preferred Home Brokers for Real Estate Help, we're Brea's most established real estate brokerage. Those of us who live and know Brea understand we also have a very strongbusiness/financial community, see more on it here in Brea Means Business for just one example.
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