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 May 2023

At the same time last year, Briones was a Neutral 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

$493/sqft

Based on all homes sold in the last 12 months.

Difference Since May 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 May 2024, up 0.7% from last year, and the median price per square foot was $493.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $460K$448K
-2.6%
2 $507.5K$502.5K
-1.0%
3 $896K$921.5K
+2.8%
4 $950K$1.0M
+5.5%
5+ $1.3M$1.0M
-24.4%

Summary: Briones housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.6%, 2 bedroom homes decreased by 1%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 5.5%, and 5+ bedroom homes decreased by 24.4%.

Median Sold Price Compared To Nearby Cities

Orinda
+1.0%
Briones
+0.7%
West Contra Costa
+0.7%
Hercules
-7.8%
Berkeley
-8.9%

Housing Supply in Briones, CA

How many homes are available in Briones, CA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
711+57.1%

Summary: The Briones real estate market had 11 homes for sale in May 2024, a 57.1% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 34
+33.3%
3 22
0.0%
4 13
+200.0%
5+ 12
+100.0%

Summary: The Briones housing inventory by bedroom type for May 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 remained the same, 4 bedroom homes increased by 200%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Apr 2024May 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Briones, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Briones in May 2024, up by 200.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 33% were sold at asking, and 67% 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

May 2023May 2024CHANGE
3 Days6 Days+122.2%

Summary: Homes in Briones had an average of 6 days on market in May 2024, up by 122.2% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were 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 May 2024, 3 homes were sold in Briones; 100% of homes were sold within 30 days, 0% 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 1 Day Ago

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