Brea ~ California 92821 and 92823 ~ Real Estate Market Update for August 2007
The City of Brea is a community with a balance of residential housing, business and commercial properties. The City is well know for excellence in education. The schools have been a strong draw for residents in our community.
Current city population is approximately 40,000 residents. Median price is the city is in the low $700,000 price range.
The real estate market report for sales/market activity for August 2007 is as follows:
Single family homes ~ Pricing in the city ranges from $495,000 for a 2 bedroom, 1 bath home of 932 square feet to an upper end price of $1,530, 5 bedrooms and 5 baths, 4,000 square feet.315,000 for a 1 bedroom 1 bath to an upper end of $537,000 for
Condominium/town-home ~ Pricing currently begins at $315,000 for a 1 bedroom 1 bath to an upper end of $537,000 for 1,800 square feet.
Single family activity for August:
Condominium activity for August:
The majority of Brea homes are priced from the low $700,000 price range to the upper $800,000 range. Currently there are 20 homes in our city in excess of $1,000.000.
If you're interested in learning more about our fine city take a look at All About Brea ~ Brea, CA 92821 & 92823 and see why it was named one of the Best places to live in the est by Sunset Magazine, Brea The Best of The West and you will see why Brea's the Place to Be. Looking for family entertainment in the City of Brea, check out Family Fun in Good Old Brea, or visit our City Hall Park, it's like a step back in time.
Want to spend a day in Brea? Check out Brea ~ CA as Featured in Westways Magazine for day tripping around town. If you're want more on Brea real estate contract me Lynda Eisenmann at Preferred Home Brokers for Real Estate Help, we're Brea's most established real estate brokerage. Those of us who live in and know Brea understand we also have a very strong financial community, see more on Brea business view this, Brea Means Business for just one example. And it all of that is not enough here's a basic overview of Beautiful Brea-Orange Co. CA, 92821,
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Lynda, Broker-Owner, serving the So-Cal area in real estate. Her focus is about serving her clients, vs. doing deals. Lynda's built a strong following of personal referrals from happy clients.
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Lynda, I thought your average price might be higher....it isn't as bad as I have always heard CA prices were. Maybe they used to be higher!
Your market seems like it's still moving along. I have come to the realization that every area is different right now. I aurely am going to keep a positive attitude and just keep using my chameleon abilities to just go with the flow :) Have a good night Lynda!
Hi Joanne~ Actually no, I'm in a middle-of-the road community compared to others. We're in a nice family oriented community. Brea is where I raised my kids. We have two median prices in the city, that is depending on your zip code. Most of the city has a median price of $695,000 and then the "newer" part of town has a media price of $900,000. Brea has newer construction in the east, a smaller portion of the city yet, with much higher prices, newer/larger homes. Thank you Joanne for the comment.
Sally ~ Hey Sally so good hearing from you, and yes like most areas our city is slower right now compared to the past few years. Yet those years were like the wild-wild-west. Bottom line, I still feel like things are different, yet still pretty good.
Lynda, good report for Brea. Looking like things are moving along. Especially at such a high price point.
Lynda, this is a great summary of real estate prices in Brea. It's no wonder why you are the Brea real estate expert!
Lynda, Looks like Brea's real estate market is just as unpredictable as the rest of California.
Lynda-Looks like your market trends are similar to South OC. While things have slowed down, homes are still selling and there are still people out there who need to buy. Love the way you present the stats. Brea is such a wonderful place to live and work. You are a wonderful example of Brea hospitality and charm. Thanks for contnuing to raise the bar for all Real Estate professionals.
$500k for a 2 bedroom? haha...different markets but I still can't help but be in a little bit of awe when I see those. a $500,000 home around these parts are quite large and very nice :)
Missy ~ Thanks for the comment.
Leah ~ Thank you for the visit and nice comment.
Mana ~ I'm sure you're right, the market is very similar in most of Southern Ca.
Marlene ~ Wow, what a nice comment, you're the best.
Rick ~ Thanks for the comment, yep you're right. I'm astounded myself at times when I see prices in other places. I think oh my gosh, seeing these gorgeous homes in the $350-$450 range, condo prices here. Thank you for taking the time to visit and comment.
Lynda - Living in Brea looks like a great option! Thanks for sharing such an insightful Brea Real Estate Market Update on the current conditions in Southern California.
Cyndee ~ Thanks so much, we love our community.
Lynda
Great market report for Brea, nice links to the community.
Thom ~ Thanks for the visit.
Lynda- Looks as if the market is doing what you and I thought.. pretty steady.. no big ups or downs.. keep looking for all those foreclosures...
Hey Neighbor,
Beautiful blog. I like how you always use colorful pictures. Thanks for your comments on my coloring contest. I ended up with 4 age groups and doing Borders Gift Cards or Toys R Us. See you around town!
Kaye ~ Thank you, and thanks for the heads up on the foreclosure site, I've used it numerous times so far.
Tina ~ Good hearng from you and thanks. Good luck on the coloring contest let us know how it works out.
Lynda, Very interesting market report for Brea. It doesn't look like the market is too terribly slow...pretty steady. Am I right?
Joanne,
Great information about the Brea Real Estate Market. I like the view of the mountains in the background on the bottom picture.
Lynda - Great Market report! I can see why people would want to work with you. You sure do look like the Brea Californai Real Estate expert to me.
The mountains in this post are just another lure for Brea County! Great market report for August. You are truly the expert in Brea!
Hi Lynda !
I learn so much about your beautiful area and also about writing very exceptional localism posts by visiting your blog !
Here is your 'go pink' pic...thanks for joining us !
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Jo