San Bruno, CA
Housing Market
San Bruno's housing market is dynamic, with home prices and demand constantly shifting. Houzeo's housing market report monitors these fluctuations, providing real-time insights into San Bruno's supply and demand trends. Our report equips you with all the information you need to make well-informed decisions.
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Buy or SellSan Bruno Housing Market Overview
San Bruno's housing market offers a variety of properties, from condos to single-family homes, for different buyers and budgets. The median sale price in the city is currently $1,358,000, with a 10.9% increase YoY. Properties typically stay on the market for just 15 days before they go under contract, 4 days quicker than this time last year.
Home sales have risen, with 18 homes sold this month—a 38.5% increase from last year. The city's strong property value growth is fueled by its proximity to major tech hubs and San Francisco's amenities. Known for its blend of urban convenience and suburban charm, neighborhoods like The Heights and Lakeshore attract both first-time buyers and investors. Sellers can succeed in this fast-paced market if they price strategically and showcase unique features of their properties.
Home sales have risen, with 18 homes sold this month—a 38.5% increase from last year. The city's strong property value growth is fueled by its proximity to major tech hubs and San Francisco's amenities. Known for its blend of urban convenience and suburban charm, neighborhoods like The Heights and Lakeshore attract both first-time buyers and investors. Sellers can succeed in this fast-paced market if they price strategically and showcase unique features of their properties.
Median Sale Price
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San Bruno
San Bruno Housing Supply
Real estate in San Bruno is highly attractive for investors, driven by growing demand and the city's robust economy. There are presently 37 homes for sale in San Bruno, which marks a 48% increase. Additionally, 32 new listings have entered the market, providing buyers with more options. San Bruno's housing supply now stands at 1.5 months. All signs point to a competitive market, where sellers have the upper hand.
The city's housing market follows clear seasonal trends. There's typically a rise in San Bruno real estate listings during spring and summer, as both buyers and sellers are eager to finalize deals before the new school year. Neighborhoods like The Pines and Rollingwood are particularly popular, thanks to their proximity to San Francisco and major tech hubs.
The city's housing market follows clear seasonal trends. There's typically a rise in San Bruno real estate listings during spring and summer, as both buyers and sellers are eager to finalize deals before the new school year. Neighborhoods like The Pines and Rollingwood are particularly popular, thanks to their proximity to San Francisco and major tech hubs.
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San Bruno
San Bruno Housing Demand
San Bruno's real estate market has seen a competitive shift in recent months. 55.6% of homes sell above their list price, while only 8.3% of homes in San Bruno have seen price drops. This suggests that sellers are confident in their pricing. The sale-to-list price ratio in San Bruno stands at 104.7%, which indicates that most sellers receive more than their asking price.
As a home seller, pricing your property competitively from the start can help you achieve the best results. If the market begins to shift in favor of buyers, consider offering concessions without lowering your asking price. As for buyers, homes with longer listing periods or those with price reductions may give you more room to negotiate a good deal.
As a home seller, pricing your property competitively from the start can help you achieve the best results. If the market begins to shift in favor of buyers, consider offering concessions without lowering your asking price. As for buyers, homes with longer listing periods or those with price reductions may give you more room to negotiate a good deal.
Homes Sold Above List Price
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Strong
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Balanced
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Strong
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Buyer’s Market
Seller’s Market
Balanced: Neither buyers nor sellers dominate the market. Supply meets demand, prices stay stable, and both parties negotiate on an equal footing.
San Bruno Housing Market: When to Buy or Sell?
San Bruno's housing market fluctuates between buyer-friendly and seller-friendly conditions. Like much of the California real estate market, San Bruno can favor buyers or sellers depending on seasonal trends. When inventory is high and competition is low, buyers have more options and improved negotiation power. However, when demand exceeds supply, sellers can capitalize on higher prices and faster sales.
If San Bruno's housing supply rises beyond the balanced range of the US real estate market (5 to 6 months), buyers will get more time to evaluate their options. Staying aware of these dynamics can help you make the right decision about buying or selling your house in San Bruno.
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Frequently Asked Questions
How has San Bruno's average home price changed over the past year?
The San Bruno, CA, median home price has increased by 10.9% YoY to $1,400,000 for single-family homes. Condos have also seen an uptick, and now average $495,000. This increase reflects the demand for homes in San Bruno. Use our free home value estimator to gauge your home's fair market value and set the right asking price.
What are San Bruno real estate market predictions for 2025?
Home prices in San Bruno are expected to continue rising in 2025. The demand for homes in the city remains strong. However, with housing and utilities being more expensive than the national average, affordability may be a challenge for some buyers.
What's the average price for homes in San Bruno?
In San Bruno, single-family homes have a median price of $1,400,000, while condos are typically priced at $495,000. The city offers a wide range of housing options, but it remains one of the higher-priced markets in the Bay Area. Nevertheless, you can browse cheap homes for sale in San Bruno to find something in your budget.
Is now a good time to buy a home in San Bruno?
San Bruno is a competitive market, with prices still on the rise. If you are a buyer, it's essential to closely monitor the city's housing supply. With the cost of living 46% higher than the national median, it's important to weigh your options and assess future trends before you invest.
How can I check San Bruno housing market trends?
The San Bruno housing market remains active throughout the year, with properties generally staying on the market for only 15 days. Keep an eye on listings and check San Bruno's real estate trends to better understand when to buy or sell.
When will the San Bruno housing market crash?
Forecasts for 2025 suggest that a housing market crash in San Bruno is unlikely. In fact, prices are expected to increase steadily. However, the high cost of living and housing may eventually cause the market to cool slightly.
What are the steps for buying a house in San Bruno?
Start by setting a budget and securing mortgage pre-approval. Next, browse homes for sale in San Bruno, submit offers, and finalize your financing. Once everything is in place, close the deal and make your move into this vibrant community.
How can I list real estate for sale in San Bruno, CA?
You can use a Flat Fee MLS California listing service. Platforms like Houzeo allow you to save on commission fees by automating the necessary paperwork, ensuring a smooth selling process.
What is the average mortgage rate for buyers in San Bruno?
Mortgage rates in San Bruno typically fluctuate between 6.8% and 7%, depending on the market and the individual's credit scores. Always consult with multiple lenders to get the best rates.
What is the cost of living in San Bruno?
San Bruno's cost of living is 150% higher than the national average, and 66.8% higher than the cost of living in California. Utilities and other essential services are also 48% more expensive than the US median. However, San Bruno's residents find value in its urban amenities and proximity to major tech hubs.
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