Brea Housing Market Report – March 2026

By Jessica

Here's a look at how the Brea, CA real estate market performed in March 2026, based on actual sold data from the MLS.

Market Snapshot

  • Homes Sold: 24
  • Median Sale Price: $1,233,500
  • Average Sale Price: $1,273,510
  • Average Price Per Sq Ft: $576
  • Average Days on Market: 55
  • Sale-to-List Price Ratio: 100.6%

Month-Over-Month Trends

Compared to February, the median sale price in Brea moved 21.8% up (from $1,012,500 to $1,233,500). The number of homes sold was 20.0% up compared to the prior month (20 vs. 24). Average days on market shifted 26.7% down (75 days to 55 days).

Year-Over-Year Comparison

Compared to March 2025, the median sale price is 19.5% up (from $1,032,000 to $1,233,500). Sales volume is 41.5% down year-over-year.

What This Means

Brea's housing market is firing on multiple cylinders this March, with strong momentum building after a slower winter. The median price jumped nearly 22 percent month-over-month to $1.23 million, while sales volume climbed 20 percent to 24 homes. What's particularly telling is that homes are now spending just 55 days on the market—down from 75 days last month—and selling above asking price at a 100.6 percent ratio. This suggests we're moving from a buyer-friendly market back toward seller advantages, likely driven by spring seasonality and continued buyer urgency in Orange County's desirable communities.

The year-over-year picture is more nuanced, though. While prices are up a healthy 19.5 percent annually, sales volume has dropped 41.5 percent compared to last March, indicating fewer transactions overall despite higher prices. This could reflect tightening affordability as rates remain elevated, or simply that last year's March was an outlier. The active inventory of 66 listings sits in a healthy range—not oversupplied but not critically scarce—though the $857,500 median asking price on those homes suggests there's still a meaningful gap between what sellers are asking and what buyers are actually paying at the higher end.

Brea Sales by Zip Code

Zip Code Homes Sold Median Price Avg $/SqFt Avg DOM
92821 22 $1,197,500 $578 55
92823 2 $1,520,000 $559 51

Sales by Property Type

Property Type Homes Sold Median Price Avg $/SqFt
SINGLE_FAMILY 20 $1,295,000 $604
TOWNHOMES 3 $830,000 $510
MOBILE 1 $300,000 $214

Sales by Price Range

Price Range Homes Sold
$300K - $399K 1
$500K - $749K 2
$750K+ 21

Current Active Listings

As of this report, there are 66 active listings in Brea with a median asking price of $857,500 and an average of 51 days on market.

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