Is San Bruno, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing San Bruno is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, San Bruno has remained a Seller's Market.

Key Takeaway

San Bruno is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in San Bruno, CA

How much do homes in San Bruno, CA cost?

Median Sold Price

$1,297,500

$870/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$15,612(+1.2%)

Key Takeaway

Homes in San Bruno have sold for 1.2% more than they did a year ago.

Summary: The median home sold price in San Bruno was $1,297,500 in November 2024, up 1.2% from last year, and the median price per square foot was $870.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $516K$477.5K
-7.5%
2 $816.8K$915K
+12.0%
3 $1.3M$1.4M
+3.7%
4 $1.5M$1.6M
+4.4%
5+ $1.4M$1.5M
+3.6%

Summary: San Bruno housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.5%, 2 bedroom homes increased by 12%, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes increased by 3.6%.

Median Sold Price Compared To Nearby Cities

Millbrae
+8.2%
South San Francisco
+7.2%
San Bruno
+1.2%
Pacifica
-1.2%

Housing Supply in San Bruno, CA

How many homes are available in San Bruno, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
7562-17.3%

Summary: The San Bruno real estate market had 62 homes for sale in November 2024, a 17.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 75
-28.6%
2 1411
-21.4%
3 3325
-24.2%
4 1615
-6.3%
5+ 56
+20.0%

Summary: The San Bruno housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 28.6%, 2 bedroom homes decreased by 21.4%, 3 bedroom homes decreased by 24.2%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2718-33.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in San Bruno, you could pay more than the asking price. 64.3% of homes here sold above asking price last month.

Summary: A total of 18 homes were sold or pending in San Bruno in November 2024, down by 33.3% month-over-month. Of the 14 sold homes, 29% were sold under asking, 7% were sold at asking, and 64% were sold over asking.

Days on Market for San Bruno, CA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
19 Days34 Days+79.9%

Summary: Homes in San Bruno had an average of 34 days on market in Nov 2024, up by 79.9% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 18 homes were sold in San Bruno; 61% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 6% 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 San Bruno, CA

Nearby Markets to San Bruno, CA

What housing markets are near San Bruno, CA?