Is San Bruno, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing San Bruno is a seller's market

Buyer's
Market

Difference Since February 2023

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

Key Takeaway

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

Housing Prices in San Bruno, CA

How much do homes in San Bruno, CA cost?

Median Sold Price

$1,300,000

$875/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since February 2023.

Key Takeaway

The sold price of homes in San Bruno has remained the same since last year.

Summary: The median home sold price in San Bruno was $1,300,000 in February 2024, the same as last year, and the median price per square foot was $875.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $530K$518K
-2.3%
2 $977.9K$875K
-10.5%
3 $1.4M$1.3M
-3.0%
4 $1.6M$1.5M
-6.0%
5+ $1.6M$1.6M
+2.5%

Summary: San Bruno housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.3%, 2 bedroom homes decreased by 10.5%, 3 bedroom homes decreased by 3%, 4 bedroom homes decreased by 6%, and 5+ bedroom homes increased by 2.5%.

Median Sold Price Compared To Nearby Cities

San Bruno
0.0%
South San Francisco
-2.8%
Millbrae
-6.2%
Pacifica
-6.4%

Housing Supply in San Bruno, CA

How many homes are available in San Bruno, CA?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
3441+20.6%

Summary: The San Bruno real estate market had 41 homes for sale in February 2024, a 20.6% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 109
-10.0%
2 67
+16.7%
3 1014
+40.0%
4 36
+100.0%
5+ 55
0.0%

Summary: The San Bruno housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 10%, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 40%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
1012+20.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in San Bruno, you could pay more than the asking price. 63.6% of homes here sold above asking price last month.

Summary: A total of 12 homes were sold or pending in San Bruno in February 2024, up by 20.0% month-over-month. Of the 11 sold homes, 27% were sold under asking, 9% were sold at asking, and 64% were sold over asking.

Days on Market for San Bruno, CA

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

Average Sale Time

Feb 2023Feb 2024CHANGE
39 Days24 Days-37.0%

Summary: Homes in San Bruno had an average of 24 days on market in Feb 2024, down by 37% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During February 2024, 12 homes were sold in San Bruno; 67% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 8% 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 1 Day Ago

Newest Listings in San Bruno, CA

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