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 November 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

$860,000

$440/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$90,000(-9.5%)

Key Takeaway

Homes in Briones have sold for 9.5% less than they did a year ago.

Summary: The median home sold price in Briones was $860,000 in November 2024, down 9.5% from last year, and the median price per square foot was $440.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $402.7K$431K
+7.0%
2 $500K$482K
-3.6%
3 $1.1M$800K
-27.3%
4 $950K$1.0M
+13.7%
5+ $1.0M$888K
-11.4%

Summary: Briones housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7%, 2 bedroom homes decreased by 3.6%, 3 bedroom homes decreased by 27.3%, 4 bedroom homes increased by 13.7%, and 5+ bedroom homes decreased by 11.4%.

Median Sold Price Compared To Nearby Cities

Orinda
+2.9%
Berkeley
0.5%
West Contra Costa
-2.7%
Hercules
-5.1%
Briones
-9.5%

Housing Supply in Briones, CA

How many homes are available in Briones, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
19190.0%

Summary: The Briones real estate market had 19 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 54
-20.0%
4 88
0.0%
5+ 44
0.0%

Summary: The Briones housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Briones, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Briones in November 2024, up by 100.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% 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

Nov 2023Nov 2024CHANGE
20 Days37 Days+80.5%

Summary: Homes in Briones had an average of 37 days on market in Nov 2024, up by 80.5% compared to last year.

Breakdown of Home Sale Times

3 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

Many homes in Briones are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 4 homes were sold in Briones; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% 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 2 Days Ago

Newest Listings in Briones, CA

Nearby Markets to Briones, CA

What housing markets are near Briones, CA?