Brea Housing Market Report – May 2026
Here's a look at how the Brea, CA real estate market performed in May 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 34
- Median Sale Price: $1,010,000
- Average Sale Price: $932,274
- Average Price Per Sq Ft: $492
- Average Days on Market: 57
- Sale-to-List Price Ratio: 101.2%
Month-Over-Month Trends
Compared to April, the median sale price in Brea moved 11.0% down (from $1,135,000 to $1,010,000). The number of homes sold was 9.7% up compared to the prior month (31 vs. 34). Average days on market shifted 11.8% up (51 days to 57 days).
Year-Over-Year Comparison
Compared to May 2025, the median sale price is 7.3% down (from $1,090,000 to $1,010,000). Sales volume is 15.0% down year-over-year.
What This Means
Brea's housing market is showing mixed signals as we head into summer. While sales volume ticked up slightly this month, the real story is in the price pullback. The median sale price dropped 11 percent from April and 7.3 percent year-over-year, settling at $1.01 million. That said, homes are still selling above asking at a 101.2 percent ratio, which suggests underlying demand remains steady despite the price decline. Sellers may be adjusting expectations after months of holding out for peak prices.
Days on market have crept up to 57 days, the longest we've seen recently, signaling a slower-moving inventory. With 79 active listings on hand and homes sitting longer before sale, it's becoming more of a balanced market than the tight conditions we saw a year ago. The median asking price of $940,000 on active inventory already sits below what homes are actually selling for, a sign that realistic pricing is finally taking hold in Brea.
Overall, this is a healthier, more normalized market than the frenzied pace of 2025. Sellers still have advantages, but they're losing leverage. For buyers, the reduced urgency and longer marketing times mean more negotiating room than we've seen in quite some time.
Brea Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 92821 | 30 | $1,010,000 | $491 | 49 |
| 92823 | 4 | $1,058,750 | $503 | 109 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 21 | $1,200,000 | $594 |
| MOBILE | 8 | $189,500 | $159 |
| CONDOS | 4 | $905,000 | $522 |
| TOWNHOMES | 1 | $1,070,000 | $577 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $100K - $199K | 5 |
| $200K - $299K | 1 |
| $300K - $399K | 2 |
| $500K - $749K | 2 |
| $750K+ | 24 |
Current Active Listings
As of this report, there are 79 active listings in Brea with a median asking price of $940,000 and an average of 54 days on market.
Thinking About Selling Your Brea Home?
If you're a homeowner in Brea considering selling, you have options. While the traditional market is one route, selling directly for cash can save you time, commissions, and the hassle of repairs and showings. We buy houses in Brea and throughout Orange County — get a no-obligation cash offer today.