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May 2025 Real Estate Report
25 Total
Homes For Sale
Homes For Sale
16 Homes
Added to the Market
Added to the Market
5 Homes
Sold
Sold
Compared to Previous Month
16%
More Homes For Sale
-20%
Fewer Homes Sold
Last month in May, housing in Millbrae, CA ended with 16 homes being added to the market for sale, for a cumulative monthly total of 25 homes for sale - up 16% compared to April. Millbrae, CA had a total of 5 homes sold for the month - down -20% from the month prior.
Detached led the way in homes sold with a total of 5 - even, while attached totaled 0 in closed sales - even from the month of April. The number of detached properties sold under 1500 square feet totaled 2 for the month of May, while homes from 1500 to 2000 square feet recorded 1 sales and homes sized from 2000 to 2500 square feet had 2 sales. The following ranges for detached homes all had no sales: 2500 to 3000, 3000 to 3500, 3500 to 4000, 4000 to 4500, 4500 to 5000, over 5500.
The number of attached homes sold The following ranges for attached homes all had no sales: under 1500, 1500 to 2000, 2000 to 2500, 2500 to 3000, 3000 to 3500, 3500 to 4000, 4000 to 4500, 4500 to 5000, over 5500.
When are the most homes sold in Millbrae, CA?
September:
12 Homes Sold
The last 12 month period for the city of Millbrae, CA shows that the greatest number of homes were sold during the months of July 2024, August 2024 and September 2024. The months of July 2024, August 2024 and September 2024 had 11 - 10 and 12 homes sold, respectively, as compared to an average of 5 for the other months of the year.
When do homes sell the fastest in Millbrae, CA?
March:
7 Days On Market
The last 12 month period for the city of Millbrae, CA shows that homes sold the fastest during the months of August 2024, March 2025 and May 2025. The months of August 2024, March 2025 and May 2025 had 12 - 7 and 9 days on market, respectively, as compared to an average of 27 for the other months of the year.
Average Price Of Homes Sold In Millbrae, CA
By Size Category
Average Sold Price
Average Price Per Square Foot
Average Price Of Homes Sold In Millbrae, CA
By Year
Average Sold Price
Average Price Per Square Foot
| Number of homes sold in Millbrae, CA | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total |
| 2025 | 6 | 2 | 5 | 6 | 5 | - | - | - | - | - | - | - | 24 |
| 2024 | 6 | 9 | 6 | 15 | 8 | 6 | 11 | 10 | 12 | 3 | 6 | 3 | 95 |
| 2023 | 5 | 2 | 5 | 2 | 9 | 11 | 12 | 8 | 9 | 7 | 9 | 4 | 83 |
| 2022 | 2 | 6 | 10 | 10 | 14 | 10 | 9 | 11 | 10 | 11 | 6 | 6 | 105 |
| 2021 | 8 | 9 | 9 | 11 | 15 | 16 | 18 | 20 | 10 | 9 | 16 | 15 | 156 |
| 2020 | 4 | 9 | 6 | 7 | 5 | 6 | 11 | 7 | 8 | 19 | 13 | 8 | 103 |
| 2019 | 3 | 5 | 13 | 13 | 10 | 6 | 12 | 6 | 6 | 13 | 7 | 8 | 102 |
| 2018 | 8 | 7 | 8 | 13 | 12 | 9 | 10 | 13 | 12 | 13 | 5 | 8 | 118 |
| Average Days On Market (DOM) In Millbrae, CA | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Average |
| 2025 | 50 | 25 | 7 | 21 | 9 | - | - | - | - | - | - | - | 22 |
| 2024 | 30 | -4033 | 13 | 13 | 18 | 26 | 21 | 12 | 13 | 31 | 33 | 22 | -317 |
| 2023 | 37 | 50 | 46 | 7 | 22 | 12 | 22 | 15 | 14 | 17 | 21 | 13 | 23 |
| 2022 | 9 | 19 | 13 | 11 | 30 | 10 | 13 | 22 | 44 | 30 | 43 | 25 | 22 |
| 2021 | 18 | 27 | 68 | 5 | 7 | 8 | 9 | 17 | 15 | 22 | 12 | 21 | 19 |
| 2020 | 46 | 29 | 19 | 9 | 22 | 69 | 34 | 10 | 36 | 17 | 30 | 36 | 30 |
| 2019 | 39 | 55 | 18 | 18 | 33 | 25 | 13 | 24 | 20 | 17 | 12 | 20 | 24 |
| 2018 | 11 | 36 | 10 | 12 | 10 | 14 | 11 | 15 | 20 | 9 | 44 | 30 | 18 |
| Average Days From List To Close Of Escrow In Millbrae, CA | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Average |
| 2025 | 85 | 48 | 24 | 39 | 28 | - | - | - | - | - | - | - | 45 |
| 2024 | 57 | 52 | 35 | 35 | 44 | 58 | 49 | 37 | 39 | 60 | 65 | 66 | 50 |
| 2023 | 72 | 75 | 72 | 27 | 51 | 39 | 46 | 36 | 34 | 39 | 45 | 42 | 48 |
| 2022 | 45 | 49 | 36 | 29 | 57 | 37 | 36 | 45 | 73 | 54 | 68 | 50 | 48 |
| 2021 | 43 | 44 | 99 | 23 | 37 | 33 | 34 | 52 | 46 | 49 | 44 | 51 | 46 |
| 2020 | 85 | 54 | 42 | 36 | 47 | 95 | 60 | 30 | 60 | 44 | 62 | 67 | 57 |
| 2019 | 66 | 77 | 49 | 47 | 63 | 54 | 40 | 48 | 45 | 43 | 44 | 48 | 52 |
| 2018 | 32 | 58 | 40 | 30 | 35 | 34 | 36 | 37 | 46 | 30 | 74 | 56 | 42 |
| Number of homes added to the market in Millbrae, CA | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total |
| 2025 | 4 | 11 | 12 | 12 | 16 | - | - | - | - | - | - | - | 55 |
| 2024 | 9 | 12 | 12 | 10 | 9 | 8 | 13 | 16 | 5 | 7 | - | 4 | 105 |
| 2023 | 4 | 4 | 9 | 3 | 9 | 14 | 10 | 10 | 15 | 7 | 3 | 4 | 92 |
| 2022 | 6 | 7 | 10 | 13 | 15 | 15 | 9 | 9 | 9 | 7 | 5 | 4 | 109 |
| 2021 | 6 | 8 | 11 | 19 | 15 | 21 | 18 | 11 | 12 | 11 | 9 | 7 | 148 |
| 2020 | 9 | 29 | 11 | 4 | 5 | 9 | 15 | 10 | 17 | 14 | 7 | 4 | 134 |
| 2019 | 11 | 12 | 12 | 8 | 6 | 11 | 9 | 5 | 13 | 11 | 4 | 3 | 105 |
| 2018 | 11 | 8 | 9 | 12 | 12 | 13 | 13 | 11 | 13 | 6 | 8 | 1 | 117 |