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Millbrae Market Trends

Today, November 23, 2009

Median Sales Price in Millbrae

Embed Info
1 yr 5 yr Max
Millbrae median sales prices
Number of sold homes in Millbrae
No. BedroomsAug - Oct '09y-o-y3 months prior1 year prior5 years prior
1 bedroom-----
2 bedrooms$752,500+29.0%$660,000$583,500$692,000
3 bedrooms$774,000-18.1%$855,000$945,000$840,000
4 bedrooms$980,000+14.8%$1,025,000$854,000$1,025,500
All properties$618,000-32.7%$716,000$918,000$840,000
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Millbrae Summary

The median sales price for homes in Millbrae CA for Aug 09 to Oct 09 was $618,000. This represents a decline of 13.7%, or $98,000, compared to the prior quarter and a decrease of 32.7% compared to the prior year. Sales prices have depreciated 26.4% over the last 5 years in Millbrae.

The average listing price for Millbrae homes for sale on Trulia was $1,061,613 for the week ending Nov 18, which represents a decline of 0.2%, or $2,411, compared to the prior week and a decline of 3.1%, or $34,078, compared to the week ending Oct 28. Average price per square foot for Millbrae CA was $510, a decrease of 13.1% compared to the same period last year.

 

Average Listing Price in Millbrae

Embed Info
1 yr 5 yr Max
Millbrae average property price
Millbrae – number of properties
No. BedroomsWeek ending
Nov 18
w-o-wWeek ending
Nov 11
Week ending
Nov 4
Week ending
Oct 28
1 bedroom-----
2 bedrooms$617,754+3.4%$597,658$597,596$591,332
3 bedrooms$1,089,627+1.3%$1,075,975$1,069,730$1,065,037
4 bedrooms$1,308,766+0.4%$1,303,903$1,304,959$1,307,099
All properties$1,061,613-0.2%$1,064,024$1,084,952$1,095,691
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Average Price Per Sqft for Homes in Millbrae

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1 yr 5 yr Max
Millbrae average price per square foot
No. BedroomsAug - Oct '09y-o-y3 months prior1 year prior5 years prior
1 bedroom-----
2 bedrooms$513-9.4%$462$566$552
3 bedrooms$555-14.1%$575$646$545
4 bedrooms$473+2.4%$457$462$419
All properties$510-13.1%$517$587$512
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Homes for Sale in Millbrae

619 Santa Barbara Avenue, Millbrae CA
619 Santa…
$895,000
3 br  1 ½ ba
830 El Capitan Drive, Millbrae CA
830 El Cap…
$1,188,000
3 br  2 ba
1388 Broadway #402, Millbrae CA
1388 Broad…
$699,880
3 br  2 ba
131 Park Place, Millbrae CA
131 Park Pl…
$599,000
2 br  2 ba
1269 Sleepy Hollow Lane, Millbrae CA
1269 Sleepy…
$949,000
3 br  2 ba
1388 Broadway #487, Millbrae CA
1388 Broad…
$729,880
3 br  2 ba
View all Millbrae Homes for Sale
 
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Millbrae

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Nearby Cities

Cities
Median
sales price
Average
listing price
San Bruno
$413,500
$652,997
Burlingame
$1,077,090
$1,467,248
Hillsborough
$2,007,500
$3,921,706
South San Francisco
$467,500
$518,878
Pacifica
$525,000
$741,354
San Mateo
$585,000
$903,694
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Advice

Recent Q&A in Millbrae, CA

Q: Do you think prices will come down for new condos in Millbrae at Park Broadway? 3 answers
Q: Millbrae location question 8 answers
Q: What do you think of buying a house in " Lomita Hills" area? 1 answer
Q: If the gov't only helping out the puchase market, would the homeowners on the market dumb away their current Be the first to answer
Q: Further questions re property taxes and their reduction Be the first to answer

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Millbrae Stats & Trends

  • Millbrae Real Estate Overview
  • Millbrae Schools
  • Millbrae Community Info
  • Millbrae Home Prices
  • Millbrae Real Estate
  • Millbrae Recently Sold Homes

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Our real estate market trends page gives you a valuable overview of the Millbrae real estate market. Find Millbrae properties, sales statistics, real estate price trends, and real estate market activity. Find detailed information on Millbrae average and median listing prices, home value trends, and average price per square feet information for single family homes, condos, and other property types. Real estate market data is segmented by the number of bedrooms and Millbrae housing statistics are available for each Millbrae, CA neighborhood.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.

Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Price per Square Foot is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.