Brea, CA 92821 & 92823 Named "One of the Best in the West"
Located in Northern Orange County, the community of Brea was recently named by Sunset Magazine as one of the best places in the West!
Brea is considered (by comparison) a somewhat small residential community of approximately 39,000/40,000 residents. Uniquely nestled in Northern Orange County, Brea's hillsides border two other county lines, Los Angeles (city of Diamond Bar) to the North West and San Bernardino County (city of Chino Hills) on to the North East.
The City of Brea is located 30 miles east of downtown Los Angeles. The John Wayne-OrangeCounty airport is nearby at 17 miles. Ontairo Airport is 25 miles to the North East LAX-Los Angeles International Airport is 35 miles to the West.
Brea is about 25-25 minutes north east of Disneyland. If you lived in Brea you could set you clock in the evening by the friendly sounds of summer from the happiest place on earth!
Although the residential housing is well planned and primarily conforming, Brea could somewhat be described as the "reverse" of a bedroom community. The daytime population of 100,000 or greater is more than double the resident population.
Neighboring communities shop and work in the city. The Brea Mall is a regional shopping center with the second highest (second only to So Coast Plaza) gross sales in Orange County. Revenues generated by the mall helps pay for city services for our residents.
When you have the time, there are so many fun things to do and explore in our city, visit best things to do for a dayin Brea as indicated in Westways Magazine.
Brea-Olinda Schools have long been a significant attraction to the city, including Brea-Olinda High School and the various elementary schools. Just recently Brea-Olinda's Olinda Elementary Schoolwas honored (one of only twenty-seven schools in Californa) as a National Blue Ribbon School! See more on Brea's award winning schools.
Recreation includes many of our great parks. Carbon Canyon Regional Park is 124 acres and located in the north easter portion of the city. This park is near the newer developement in Brea of Olinda Ranch are area of the upscale homes in the 92823.
Median income for Brea ~ approximately $85,000
Median age ~ 35
Size ~ approximately 11 square miles
It's often said Brea enjoys some of the bigger city benefits, yet maintains a small town atmosphere. Many of us who live here feel it's the best of both worlds.
For more info on Brea check out Living in Downtown Brea to see the colorful lofts built in unique in downtown Brea. Our downtown area plays host to a wide array of events including the Certified Farmer's Market on Tuesday. In additon special events are scheduled on a regular basis, like the Symphony Under the Stars and the Jazz Fest for example. Also check out Brea's the Place to Be to see more of what's going on around town if you're interested in our Certified Farmer's Market you will want to see more here at Tasty Tuesdays in Brea.
To see more on Brea business's check out Brea Means Business and see how our city balances a vibrant business economy in harmony with residential housing for those of us who live in the city. Since we're talking about business in Brea, see why this is a Brea business with a heart. Check outSunsetMagazinehere to see why Brea was named one of the Best of the West places to live.
If you're interested in taking a step back in time, visit our City Hall Park, located on Brea Blvd., it's also home to one of Orange County's continuously operating pools, know around town as the Brea Plunge.
Interested in the arts or entertainment, visit the popular Curtis Theatre, named after one of Brea's early citizens. The Curtis offers live stage performances in a comfortable and cozy atmosphere. One of Brea's most active events is the annual Brea Fest, a "taste of the town" while also supporting the Arts in Brea.
Brea is "going green" see how easy it is forBrea residents to go green when you call, they haul your e-waste.
Brea Real Estate Report ~ 2007/2008 Comparisons
260 Closed Sales of Single Family Homes in Brea for 2008
Bedrooms
Baths
Square Feet
List Price
LP/SqFt
Sale Price
SP/SqFt
SP/LP
SP/OLP
DOM
Min
1
1
0
$274,900
$0.00
$0
$0.00
83.00%
55.00%
0
Avg
3.6
2.50
1932
$570,376
$300.91
$546,044
$261.94
96.00%
91.00%
76
Max
6
8
5803
$2,295,000
$606.25
$1,900,000
$590.19
136.00%
136.00%
524
235 Closed Sales of Single Family Homes in Brea for 2007
Bedrooms
Baths
Square Feet
List Price
LP/SqFt
Sale Price
SP/SqFt
SP/LP
SP/OLP
DOM
Min
2
1
768
$424,900
$241.73
$380,000
$0.00
72.00%
9.00%
0
Avg
3.6
2.50
2030
$708,076
$364.13
$682,963
$331.06
96.00%
93.00%
63
Max
5
5
5803
$2,595,000
$718.82
$2,275,000
$695.44
104.00%
104.00%
277
Condo/Townhomes
35 Closed Condo Sales in 2008
Bedrooms
Baths
Square Feet
List Price
LP/SqFt
Sale Price
SP/SqFt
SP/LP
SP/OLP
DOM
Min
1
1
851
$225,000
$199.28
$225,000
$0.00
84.00%
10.00%
0
Avg
2.4
2.25
1241
$331,187
$268.15
$325,988
$250.99
98.00%
91.00%
69
Max
4
3
1516
$479,000
$342.14
$450,000
$328.17
110.00%
110.00%
296
65 Closed Condo Sales in 2007
Bedrooms
Baths
Square Feet
List Price
LP/SqFt
Sale Price
SP/SqFt
SP/LP
SP/OLP
DOM
Min
1
1
615
$275,000
$252.71
$272,000
$0.00
81.00%
1.00%
0
Avg
2.5
2.25
1270
$449,574
$357.70
$434,715
$316.33
96.00%
92.00%
62
Max
4
3
2048
$626,220
$460.87
$594,000
$460.87
101.00%
102.00%
237
Like to shop? We've got it here, the Brea Mall is the second highest grossing mall in Orange County. It's often said Brea enjoys some of the bigger city benefits, yet maintains a small town atmosphere. Many of us who live here feel it's the best of both worlds.
Real Estate Market Update for October 2007
Brea is a community with a balance of residential housing, business and commercial properties. The City is well know for excellence in education. The schools have been a strong draw for residents in our community. Brea-Olinda Schools are award winning.
The real estate market report for sales/market activity for October 2007:
Single family homes ~ Pricing in the city ranges from $424,000 to an upper end price of $2.950.000. It could be noted the majority of homes in the City of Brea are priced under $1,000.000.
Single family sales activity for October ~
161 re-sale homes currently for sale in the city, up only slightly from the prior month compared to 156 for September. .
9 homes sold enter escrow, as compared to 6/September ~ 8/August, ~ 22 /July ~ 17/June.
13 homes closed escrow in October compared the same as September, compared to 23/August ~ 15 for June & July.
26 homes were taken off the market, or listings expired or withdrawn for the month compared to 32/September ~ 31/August and slighty fewer than July.
Condo data for October ~ Prices for condos/townhomes range from a beginning price of:$309,000.00 to an upper end of 548,000.00
Condominimum sales activity for October ~
29 condo/townhomes currently for sale, compared to 30/September ~ 28/August, which was up slighty from June.
5 properties sold and are currently in escrow, compared to the same for 2 for September and August, 5/July ~ 7/June.
2 properties closed escrow, compared to 4/September & August ~ 6/July and 4/June.
The majority of Brea homes are priced from the upper $600,000 price range to the upper $800,000 range. Currently there are 19 homes for sale in Brea in excess of $1,000.000. Two custom homes/new construction are in excess of $2,900,000.
--Source SoCalMLS
Brea's real esate market activity for September 2007
Single family homes ~ Pricing in the city ranges from $440,000 for a 2 bedroom, 1 bath home of 932 square feet to an upper end price of $1,450,000 to 6 bedrooms and 4 baths, 3,7000 square feet.
Single family sales activity for September ~
156 re-sale homes currently for sale in the city, up only slightly from the prior month of July.
6 homes sold enter escrow, as compared to 8/August, 22 /July and 17/June.
13 homes closed escrow in September, compared to 23/August to 15 for June/July.
32 homes were taken off the market, or listings expired or withdrawn for the month compared to 31/Augus and slighty fewer than July.
Condo data for September ~ Prices for condos/townhomes range from a beginning price of: $310,000 for 2 bedroom, 1 bath, with 1,32 square feet to $555,555 for 3 bedrooms 2 ½ baths, with 2,044 square feet.
Condominimum sales activity for September ~
30 condo/townhomes currently for sale, compared to August/28, which was up slighty from June.
2 properties sold and are currently in escrow, compared to the same for 5/August & July and 7/June.
4 properties closed escrow, compared to 6 in July and 4 in June.
The majority of Brea homes are priced from the upper $600,000 price range to the upper $800,000 range. Currently there are 19 homes for sale in Brea in excess of $1,000.000.