02 Jun 2009

What’s Happening in Brea Housing Today?

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Brea, CA Residential Real Estate Sales Report ~ Brea Home Sales for May 2009. Check it out and see Brea Real Estate Reportwhy Brea’s the place to be!

Single Family Homes for Brea:

  • 68  re-sale homes were  for sale, down 17% from last month at 81 and 65/94/ respectively for the past few months.
  • 23 pending sales and back-ups, up 22% from last month at 18 and  compared to 25/12/20/16/36/30/27/27/24 prior months.
  • 15 homes closed in May compared to 24 last month and compared to  29/12/13/20/11/28/30/24/20/14/21 respectively in the prior 12 months.
  • Average selling price for May was $537,480 (compared to $556,000 last month) for a home with an average of 1,986  square feet.
  • The average days on the market was 70.

Condominium activity for May:

  • 14 condo/town-homes were for sale, compared to 16/14/6/12/9/13 in the past few months.
  • 6 pending sales/back-ups went into escrow up double from April, and  compared to 3/3/1/4/3/1/5/7/2/1/1/5/2/2 in prior months.
  • 1 condo closed (yes 1) escrow in May compared to  2/6/0/5/3/4/2/5/4/2/2/0/3/3/2/4/6 respectively in preceding months.

Brea Civic Center

Check out Southern Cal home prices per square foot to see how prices vary depending on your city.

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

Brea, CA is very well located in Northern Orange County ~ If you lived in the SoCal comBrea Sports Parkmunity of Brea you would be approximately:

  • 30 Miles east of downtown Los Angeles.
  • 39 Miles from LAX ~ Los Angeles International Airport,
  • 16 Miles from John Wayne Airport in Santa Ana, CA
  • 10 Miles from the “Happiest Place on Earth” Disneyland ~ Anaheim, CA.

Here’s more on the new Sports Park, check it out. Looking for low/no cost fun in our city, read Brea Fun On A Budget.

If you’re interested in learning more about Brea see why Sunset Magazine named it one of the best places in the west, or check out Living In Dowtown Brea, or Downtown Brea Nights,

Visit Brea Family Fun, Brea’s Curtis Theatre or Downtown Brea Dining.

About the Author

I maintains an active residential re-sale brokerage in Brea, CA, located in Orange County, about 20 minutes north of Disneyland. Contact Lynda directly at (714) 595-1494, or Lynda@PreferredHomeBrokers.com – CA License #00402040

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