Brea's housing inventory appears to be at an all time low when it comes to the number of single family homes for sale any given day during the month of August!
When it comes to Brea real estate and homes for sale as a long-time local REALTOR and Broker myself, I've been watching the inventory come and go now for decades in the City of Brea.
Almost any day this month when I've checked the ACTIVE listings (as identified in our Multiple Listing Service) it's been anywhere from only 38 to 37 single family (detached) homes for sale in the entire city. Then checking today the inventory is down to only 30 (again single family detached homes) for sale!
The lowest I've personally viewed the past few decades was a total of 29 homes for sale, and taking in to account that was prior to the addition of 660 newer homes built later known as Olinda Ranch. So if you take that into consideration today re-sale inventory has got to be at an all time low!
- Average asking price for a single family detached home in Brea is currently $647,400 for 4 bedrooms, 3 baths & 2,600 sq. ft.
- Average closed sales price for a single family detached home in Brea for the past 30 days is $579,500 for 4 bedrooms, 3 baths ay 2,200 sq. feet.
So, it you're someone who's been sitting on the fence now for a while, it's time to jump in and get going. If you're looking buy a home in Brea, or almost anywhere in Southern California, contact me Lynda@PreferredHomeBrokers.com.
I'm the Broker and Owner of Preferred Home Brokers one of Brea's longest established real estate companies under the same ownership!
You can also reach me either text or direct, (714) 595-1494.
--CA DRE Broker's License #00402040