Is San Bruno, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, San Bruno has remained a Seller's Market.
Housing Prices in San Bruno, CA
How much do homes in San Bruno, CA cost?
Median Sold Price
$1,291,666
$864/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in San Bruno was $1,291,666 in May 2024, up 0.8% from last year, and the median price per square foot was $864.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $518K | $515K | -0.6% |
2 Bedrooms | $998K | $735K | -26.4% |
3 Bedrooms | $1.3M | $1.3M | +1.1% |
4 Bedrooms | $1.5M | $1.6M | +2.6% |
5+ Bedrooms | $1.7M | $1.5M | -12.4% |
Summary: San Bruno housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.6%, 2 bedroom homes decreased by 26.4%, 3 bedroom homes increased by 1.1%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes decreased by 12.4%.
Median Sold Price Compared To Nearby Cities
Millbrae | $1.8M | $1.9M | +4.9% |
San Bruno | $1.2M | $1.2M | +0.8% |
South San Francisco | $1.1M | $1.2M | +0.7% |
Pacifica | $1.2M | $1.2M | -0.3% |
Housing Supply in San Bruno, CA
How many homes are available in San Bruno, CA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
53 | 65 | +22.6% |
Summary: The San Bruno real estate market had 65 homes for sale in May 2024, a 22.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 13 | 18 | +38.5% |
2 Bedrooms | 6 | 10 | +66.7% |
3 Bedrooms | 18 | 20 | +11.1% |
4 Bedrooms | 12 | 13 | +8.3% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The San Bruno housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 38.5%, 2 bedroom homes increased by 66.7%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
21 | 19 | -9.5% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Summary: A total of 19 homes were sold or pending in San Bruno in May 2024, down by 9.5% month-over-month. Of the 17 sold homes, 18% were sold under asking, 12% were sold at asking, and 71% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
8 Days | 12 Days | +44.3% |
Summary: Homes in San Bruno had an average of 12 days on market in May 2024, up by 44.3% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 19 homes were sold in San Bruno; 84% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.