August 2026 Market Data •Redfin City-Limits Figures

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

At a Glance — Brea, August 2026

“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 closed August at a $1,199,206 median, down 1.1% from last August but up about 2.8% from its June reading. The modest annual decline sits against a strong prior-year comparison and is more than offset by activity: 97 homes closed, up 10.7% year over year.

Pace is the fastest in this report. Median days on market fell six days from a year ago to 29, and the typical Brea home goes pending in about 30 days. The city holds a very competitive rating with a Compete Score of 83 — the highest of any market we track — and homes there receive an average of eight offers.

Where the Leverage Sits

Almost none, and buyers should plan accordingly. Brea posted a 101.9% sale-to-list ratio, meaning the average sale closed about 2% above asking, and 51.8% of homes sold above list — more than half. Price reductions were just 16.7%, the second-lowest in the region. With eight offers per home and a four-week clock, this is a market where the winning bid is decided by preparation and terms, not by negotiation.

What This Means for Buyers

You cannot be casual in Brea. Eight offers per home means the seller is choosing among many, and the deciding factors are usually certainty and speed rather than price alone. Come fully underwritten, keep contingency periods short, be flexible on the seller’s preferred closing timeline, and see homes the first weekend they list.

Budget for appraisal risk deliberately. When average sales close 2% above list and more than half clear over asking, an appraisal gap is a realistic possibility — decide in advance what you could cover in cash. And be realistic about inventory: with only 97 sales in the month, the right home may not appear for several weeks, so patience on timing has to coexist with speed on execution.

What This Means for Sellers

This is the strongest seller’s market in the report. Average sales are closing 2% above asking, more than half of homes clear over list, buyers are averaging eight offers, and the typical property goes pending in about four weeks.

Price at the market and let the competition produce the premium. The 101.9% ratio is the result of well-priced homes drawing many buyers, not of high list prices — and the reduction rate crept up from 13.6% to 16.7%, a small reminder that even here the market is judging the opening number. Get the presentation right before launch and be prepared for a busy first weekend.

Bottom Line

Brea is the most competitive market in this report: eight offers per home, more than half of sales closing above list, average sales 2% over asking and a four-week clock. Prices eased 1.1% year over year against a tough comparison, but the demand picture could hardly be stronger.

Data provided by Redfin (redfin.com). Figures are city-limits monthly data for August 2026; competitiveness and time-to-pending reflect Redfin’s trailing three-month Compete Score.