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City / Town Overview

Millbrae, CA

Aggregate real estate market report across all ZIPs in scope
Seller's Market
September 2026  ·  Source: Realtor.com

Market Analysis

Data as of September 2026. Source: Realtor.com.

The Millbrae, CA real estate market currently shows 20 active listings, with 9 pending sales. Homes are averaging 22 days on the market before going under contract.

Inventory has tightened compared to last year, with 17 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 22 days on market compared to 46 days last year.

The median listing price has risen 42.7% year-over-year, from $1,266,000 to $1,806,500.

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Market Context

Market Context

Population: 22,825  ·  Density: 2,611.7/mi²  ·  Median household income: $146,649

Typical home value: $1,870,190  ·  Homeownership: 61.4%

Included Areas

Millbrae: 94030

Area Map

Market Overview

Active Listings
20
⇩ 45.9% vs 37 last year
Pending
9
45% pending ratio
Median Price
$1,806,500
⇧ 42.7% vs $1,266,000 last year
Average Price
$1,698,625
⇧ 4.4% vs $1,627,529 last year
Days on Market
22
⇩ 52.2% vs 46 days last year

Price Per Square Foot

Median $/sqft
$1,030
⇧ 16.1% vs $887/sqft last year
Median Home Size
1,491 sqft
Typical listing size
12-Month $/sqft Trend

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %