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Homes For Sale In Brea ~ Brea Real Estate Report July 2010

By
Real Estate Broker/Owner with Preferred Home Brokers 00402040

Looking to buy or sell a Brea home? Brea home sales report for for July 2010 shows activity up up slightly from July 2009. The comparison below provides you with an overview of 2010 vs. same time period for 2009.

Brea Single Family Homes for July 2010: Brea CA View

  • 96  re-sale homes were for sale,as compared to 56 for the same time period in 2009.  
  • 29 pending sales & back-ups went into escrow, up slightly from 27 in 2009  
  • 23 homes closed in July, one more than prior 2009. 
  • Average selling price in Brea was $544,200 price per sq. ft. $243.05 
  • Average 2009 sales price was $556,600, $248.76 sq. ft. and 61 days on market.
  • Average days on the market was 63 compared to 61 same time last year.

Condo Sales:

  • 20 condos/townhomes are  for sale in Brea, compared to 10 a year ago. 
  • 15 were reported to be pending and or backup position, compared to 4 in 2009. 
  • 4  condos closed escrow in July compared to 6 last year. 
  • Average closed condo prices was $303,400 with a price per sqare feet of $229, compared to $305,000 and $255.67 a square foot, 20 days on market in 2009.
  • Average days on market was 75 compared to 73 in 2009.

Brea is located in northern Orange, Co. CA and is adjacent to Los Angeles county to the north/west  and San Bernardino Co. to the north/east.

Brea is a City is well known for excellence in education. The schools have been definite attraction for residents in our community. Many of us who live here say Brea enjoys some of the bigger city benefits, yetI Love Brea Facebook maintains a small town feeling. Many of us who live here feel we have the best of both worlds. 

Preferred Home Brokers Brea CA

If you're  on Facebook check out I Love Brea! for a visit of our community. Thinking of selling a home, view HomeSelling101.com for home selling know how.

Preferred Home Brokers  announces that we have a new location at the tri-city area of Brea, Placentia and Yorba Linda. We're at 3230 E. Imperial Hwy. Ste. 125 at Valencia Ave.  We're one of longest established real estate companies in Orange County under the same ownership.

To reach me: Lynda@PreferredHomeBrokers.com, text or direct (714) 595-1494.

~CA Real Estate License #00402040

Comments(6)

Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Lynda - as always, a thorough analysis of the Brea real estate market, with some tidbits thrown in to show how appealing BRea really is.

Jeff

Aug 11, 2010 02:33 PM
Lynda Eisenmann
Preferred Home Brokers - Brea, CA
Broker Associate ,CRS,GRI,SRES, Brea,CA, Orange Co

Thanks so much Jeff!

Aug 11, 2010 03:27 PM
Marchel Peterson
Results Realty - Spring, TX
Spring TX Real Estate E-Pro

Lynda, It sounds like some positive things going on in Brea. 

Aug 11, 2010 03:47 PM
Joan Whitebook
BHG The Masiello Group - Nashua, NH
Consumer Focused Real Estate Services

Lynda -- despite the national news, I keep reading positive reports all across the board.  It is so confusing to the consumer.  The national reports seem to indicate one thing and the local reports are showing some positive trends.

Aug 11, 2010 04:41 PM
Lynda Eisenmann
Preferred Home Brokers - Brea, CA
Broker Associate ,CRS,GRI,SRES, Brea,CA, Orange Co

Marchel & Joan ~ The numbers do look positive, actually a little more than expected. I've been watching markets in other areas and it looks like inventory is increasing in many other places too.

Aug 11, 2010 07:14 PM
Jennifer Fivelsdal
JFIVE Home Realty LLC | 845-758-6842|162 Deer Run Rd Red Hook NY 12571 - Rhinebeck, NY
Mid Hudson Valley real estate connection

Lynda I hope the positive trends continue.  I have to visit I love Brea Facebook page,

Enjoy the rest of the weekend.

Aug 14, 2010 05:36 PM