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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brisbane is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Brisbane was a Seller's Market.

Key Takeaway

Brisbane is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Brisbane, CA

How much do homes in Brisbane, CA cost?

Median Sold Price

$1,067,500

$720/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$102,500(-8.8%)

Key Takeaway

Homes in Brisbane have sold for 8.8% less than they did a year ago.

Summary: The median home sold price in Brisbane was $1,067,500 in April 2024, down 8.8% from last year, and the median price per square foot was $720.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$680K
N/A
2 $905.5K$902.5K
-0.3%
3 $1.2M$1.0M
-10.2%
4 $1.8M$2.0M
+10.3%
5+ $2.5M$1.7M
-31.2%

Summary: Brisbane housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 0.3%, 3 bedroom homes decreased by 10.2%, 4 bedroom homes increased by 10.3%, and 5+ bedroom homes decreased by 31.2%.

Median Sold Price Compared To Nearby Cities

Daly City
0.2%
South San Francisco
-0.4%
San Francisco
-1.4%
Brisbane
-8.8%

Housing Supply in Brisbane, CA

How many homes are available in Brisbane, CA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
914+55.6%

Summary: The Brisbane real estate market had 14 homes for sale in April 2024, a 55.6% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 34
+33.3%
3 03
+100.0%
4 22
0.0%
5+ 34
+33.3%

Summary: The Brisbane housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was 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 Brisbane, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Brisbane in April 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Brisbane, CA

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

Average Sale Time

Apr 2023Apr 2024CHANGE
25 Days99 Days+288.2%

Summary: Homes in Brisbane had an average of 99 days on market in Apr 2024, up by 288.2% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Brisbane are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2024, 1 homes were sold in Brisbane; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 Brisbane, CA

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