Brea Open House Guide for Sept 11 – 13

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Brea Housing Market Update

June 2026 Market Data •Redfin City-Limits Figures

Here’s where the Brea market stands as of June 2026, the most recent full month of closings, with year-over-year comparisons to June 2025. Figures are Redfin city-limits data.

At a Glance — Brea, June 2026


MetricJune 2026Year-over-Year

Median Sale Price$1,166,865+1.5%
Homes Sold82+3.7%
Median Days on Market28 days+5 days
Sale-to-List Ratio102.5%
Sold Above List Price52.6%
Homes with Price Drops13.6%
CompetitionVery Competitive

“Competition” reflects Redfin’s Compete Score — a 0–100 rating of how hard buyers compete for homes over the trailing three months, based on how many offers homes receive, how often they sell above asking, how quickly they go pending, and the sale-to-list ratio.

Prices and Pace

Brea’s median sale price was $1,166,865 in June, up 1.5% from a year ago but down about 2.3% from May. The annual gain has cooled sharply from May’s 10.6%, though with 82 monthly closings a single month’s median can shift on the mix of homes that happened to sell rather than on any change in value.

Volume rose to 82 closings, up 3.7% from last June. Median days on market rose five days to 28 — still the fastest in northeast Orange County — and Redfin’s trailing three-month measure puts the typical home going pending in about 28 days. Brea remains rated very competitive.

Where the Leverage Sits

Almost nowhere, and it is worth saying plainly. Brea posted the strongest seller metrics of any market in this month’s reports: a 102.5% sale-to-list ratio, 52.6% of homes selling above asking, and just 13.6% of listings requiring a price cut — the lowest reduction rate anywhere we track. Redfin notes that the hottest Brea listings go pending in roughly 12 days at about 6% above asking. This is a market where buyers compete.

What This Means for Buyers

Come fully prepared or expect to lose homes. With better than half of properties selling above asking and the typical home gone in four weeks, there is no room for an exploratory offer. Full underwriting approval, immediate availability to view, and tight contingency periods are the price of entry. Because so few listings reduce, your best path to value is usually flexibility on condition rather than on price.

What This Means for Sellers

You are selling into the strongest market covered in this month’s reports. Homes close above asking in about four weeks and fewer than one in seven needs a reduction. Even so, the discipline argument holds: markets this fast reward listings that generate competing offers immediately, and a price that stalls the first weekend gives up the momentum that produces them.

Bottom Line

Brea is the tightest market in this month’s reports — 102.5% of asking, better than half of homes above list, and the lowest price-drop rate anywhere. The softer median is a mix effect, not a signal.

Data provided by Redfin (redfin.com). Figures are city-limits monthly data for June 2026; competitiveness reflects Redfin’s trailing three-month Compete Score.

National Rate Averages

Historical Trend

Source: Optimal Blue Mortgage Market Indices (OBMMI). Indices reflect aggregate rate lock data. Learn more.

What Does This Means for Brea Buyers?

Brea is one of the most demanding markets for buyers in all of Orange County. With homes selling above asking, in under a month, and almost never cutting price, you must be fully prepared and aggressive to compete. Get underwritten in advance, know your true ceiling, and be ready to make a strong, clean offer — often above list, sometimes with an escalation clause — the moment the right home appears. Patience for a discount will rarely be rewarded here; readiness and decisiveness will.


What Does This Means for Brea Sellers?

Brea sellers are in arguably the strongest position in the county. Homes are selling above asking, faster than anywhere else in the area, with multiple offers the norm and price cuts rare. The proven strategy is to price at or just under the latest comparable sales to maximize the buyer pool and let competition push the price above list. Present the home well, set a smart launch price, and the market’s intensity will work powerfully in your favor.


Your Brea Open House Guide for Sept 11 - 13


Show Case

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Sweet Spot

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Best Value

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Meet Ron Siegel

Things to Consider When Buying A Home

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Overview of Loan Products

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Sophisticated Financial Home Loan Solution

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Portfolio Programs

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Transition Loans

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Reverse Mortgage Myths

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