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 December 2023

Since last year, Briones has remained a Seller's 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

$845,000

$440/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$105,000(-11.1%)

Key Takeaway

Homes in Briones have sold for 11.1% less than they did a year ago.

Summary: The median home sold price in Briones was $845,000 in December 2024, down 11.1% from last year, and the median price per square foot was $440.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $431K-
N/A
2 $490K$486.7K
-0.7%
3 $1.1M$700K
-38.3%
4 $950K$1.0M
+10.3%
5+ $1.0M$888K
-11.4%

Summary: Briones housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 0.7%, 3 bedroom homes decreased by 38.3%, 4 bedroom homes increased by 10.3%, and 5+ bedroom homes decreased by 11.4%.

Median Sold Price Compared To Nearby Cities

Berkeley
+2.4%
Orinda
0.0%
West Contra Costa
-2.5%
Hercules
-6.3%
Briones
-11.1%

Housing Supply in Briones, CA

How many homes are available in Briones, CA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1916-15.8%

Summary: The Briones real estate market had 16 homes for sale in December 2024, a 15.8% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 33
0.0%
3 54
-20.0%
4 86
-25.0%
5+ 33
0.0%

Summary: The Briones housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
46+50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 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. 50% of homes here sold above asking price last month.

Summary: A total of 6 homes were sold or pending in Briones in December 2024, up by 50.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 17% were sold at asking, and 50% 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

Dec 2023Dec 2024CHANGE
42 Days44 Days+3.8%

Summary: Homes in Briones had an average of 44 days on market in Dec 2024, up by 3.8% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was 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 December 2024, 6 homes were sold in Briones; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% 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 4 Days Ago

Newest Listings in Briones, CA

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