Is Brisbane, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brisbane is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Brisbane was a Seller's Market.

Key Takeaway

Brisbane is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Brisbane, CA

How much do homes in Brisbane, CA cost?

Median Sold Price

$1,037,500

$718/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$37,500(+3.8%)

Key Takeaway

Homes in Brisbane have sold for 3.8% more than they did a year ago.

Summary: The median home sold price in Brisbane was $1,037,500 in November 2024, up 3.8% from last year, and the median price per square foot was $718.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $410K$950K
+131.7%
2 $830K$945K
+13.9%
3 $1.1M$960K
-18.1%
4 $2.3M$2.0M
-13.0%
5+ $1.7M$2.4M
+40.7%

Summary: Brisbane housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 131.7%, 2 bedroom homes increased by 13.9%, 3 bedroom homes decreased by 18.1%, 4 bedroom homes decreased by 13%, and 5+ bedroom homes increased by 40.7%.

Median Sold Price Compared To Nearby Cities

South San Francisco
+7.2%
Brisbane
+3.8%
San Francisco
+2.0%
Daly City
+1.8%

Housing Supply in Brisbane, CA

How many homes are available in Brisbane, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1819+5.6%

Summary: The Brisbane real estate market had 19 homes for sale in November 2024, a 5.6% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 77
0.0%
3 65
-16.7%
4 34
+33.3%
5+ 23
+50.0%

Summary: The Brisbane 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 remained the same, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Brisbane, 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 Brisbane in November 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.

Days on Market for Brisbane, CA

How long does it take to sell a home in Brisbane, CA?

Average Sale Time

Nov 2023Nov 2024CHANGE
25 Days105 Days+322.7%

Summary: Homes in Brisbane had an average of 105 days on market in Nov 2024, up by 322.7% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Brisbane are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 3 homes were sold in Brisbane; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 67% 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 22 Days Ago

Newest Listings in Brisbane, CA

Nearby Markets to Brisbane, CA

What housing markets are near Brisbane, CA?