Is Briones, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Briones is a seller's market

Buyer's
Market

Difference Since June 2023

Since last year, Briones has remained a Seller's Market.

Key Takeaway

Briones is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Briones, CA

How much do homes in Briones, CA cost?

Median Sold Price

$920,000

$491/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

+$6,500(+0.7%)

Key Takeaway

Homes in Briones have sold for 0.7% more than they did a year ago.

Summary: The median home sold price in Briones was $920,000 in June 2024, up 0.7% from last year, and the median price per square foot was $491.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 $405.2K$448K
+10.5%
2 $500K$468K
-6.4%
3 $880K$921.5K
+4.7%
4 $950K$1.0M
+7.9%
5+ $950K$1.0M
+5.5%

Summary: Briones housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.5%, 2 bedroom homes decreased by 6.4%, 3 bedroom homes increased by 4.7%, 4 bedroom homes increased by 7.9%, and 5+ bedroom homes increased by 5.5%.

Median Sold Price Compared To Nearby Cities

Orinda
+5.4%
Briones
+0.7%
West Contra Costa
-0.1%
Hercules
-5.6%
Berkeley
-5.6%

Housing Supply in Briones, CA

How many homes are available in Briones, CA?

Number of Homes For Sale

May 2024Jun 2024CHANGE
11110.0%

Summary: The Briones real estate market had 11 homes for sale in June 2024, the same as May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 00
0.0%
2 45
+25.0%
3 21
-50.0%
4 32
-33.3%
5+ 23
+50.0%

Summary: The Briones housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes decreased by 50%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

May 2024Jun 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Briones, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Briones in June 2024, down by 33.3% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Briones, CA

How long does it take to sell a home in Briones, CA?

Average Sale Time

Jun 2023Jun 2024CHANGE
59 Days45 Days-22.9%

Summary: Homes in Briones had an average of 45 days on market in Jun 2024, down by 22.9% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Briones are selling fast, if you're buying plan to act quickly.

Summary: During June 2024, 2 homes were sold in Briones; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 26 Days Ago

Newest Listings in Briones, CA

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