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 October 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

$1,276,666

$881/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$5,221(-0.4%)

Key Takeaway

The sold price of homes in San Bruno has remained the same since last year.

Summary: The median home sold price in San Bruno was $1,276,666 in October 2024, down 0.4% from last year, and the median price per square foot was $881.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $515K$480K
-6.8%
2 $848.4K$900K
+6.1%
3 $1.3M$1.4M
+3.7%
4 $1.5M$1.6M
+4.4%
5+ $1.5M$1.5M
+1.2%

Summary: San Bruno housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.8%, 2 bedroom homes increased by 6.1%, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes increased by 1.2%.

Median Sold Price Compared To Nearby Cities

South San Francisco
+7.5%
Millbrae
+6.7%
San Bruno
-0.4%
Pacifica
-0.8%

Housing Supply in San Bruno, CA

How many homes are available in San Bruno, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
7273+1.4%

Summary: The San Bruno real estate market had 73 homes for sale in October 2024, a 1.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 117
-36.4%
2 1513
-13.3%
3 2332
+39.1%
4 1716
-5.9%
5+ 65
-16.7%

Summary: The San Bruno housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 36.4%, 2 bedroom homes decreased by 13.3%, 3 bedroom homes increased by 39.1%, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes decreased by 16.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1927+42.1%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

17 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. 63% of homes here sold above asking price last month.

Summary: A total of 27 homes were sold or pending in San Bruno in October 2024, up by 42.1% month-over-month. Of the 27 sold homes, 30% were sold under asking, 7% were sold at asking, and 63% 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

Oct 2023Oct 2024CHANGE
23 Days24 Days+4.8%

Summary: Homes in San Bruno had an average of 24 days on market in Oct 2024, up by 4.8% compared to last year.

Breakdown of Home Sale Times

19 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 October 2024, 27 homes were sold in San Bruno; 70% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 4% 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 20 Days Ago

Newest Listings in San Bruno, CA

Nearby Markets to San Bruno, CA

What housing markets are near San Bruno, CA?