Monthly market wrap MONTHLY MARKET WRAP Millbrae Single-family homes · May 2026 The Millbrae market tilted hotter in May: most key signals moved the seller's way. Median sale price $2.33M ▲ +6.7% vs Apr Time to pending 10d ▼ 3 days faster vs Apr Sold over asking 100% ▲ +30 pts vs Apr Active listings 11 ▲ +57.1% vs Apr Generated by ListingCopilot.io Source: Redfin housing market data
Sale price vs asking SALE PRICE VS ASKING Millbrae Single-family homes · May 2026 Bidding wars are the norm in Millbrae: 100% of SFHs sold over asking. 116.4% average sale price vs. asking price Sold over asking 100% vs. a year ago +24 pts 110.6% 106.4% 102.3% Sold at asking price 116.4% Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Are you an agent? Create a branded market page for free like this for your own cities.
Try ListingCopilot → The negotiation gap THE NEGOTIATION GAP Millbrae Single-family homes · May 2026 Millbrae SFHs are closing +16.4% above asking. The list price is the floor, not the ceiling. +$166K median sale price minus asking price Median asking price $2.16M Median sale price $2.33M $2.13M $1.55M $977K Sold Asking Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Median sale price MEDIAN SALE PRICE Millbrae Single-family homes · May 2026 Millbrae SFH values edged up +3.2% year over year. $2.33M median sale price Year over year +3.2% Homes sold last month 6 $2.34M $2.01M $1.68M $2.33M Jun 2019 Dec 2022 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Time to sell TIME TO SELL Millbrae Single-family homes · May 2026 Millbrae SFHs are flying off the market in 10 days, 2 days faster than last year. 10 days median time to pending Gone within two weeks 64% vs. a year ago 2 days faster 22d 15d 7d 10d Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data
Active listings ACTIVE LISTINGS Millbrae Single-family homes · May 2026 Millbrae inventory is up 10.0% year over year, a steadier supply picture for SFHs. 11 active listings Year over year +10.0% Months of supply 1.8 9 7 4 11 Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Buying or selling in Millbrae? Jason tracks this market every month and can give you a local read before your next move.
Price cuts PRICE CUTS Millbrae Single-family homes · May 2026 Price cuts are rare in Millbrae: just 9% of listings reduced their asking price. 9% of active listings cut their asking price vs. a year ago -1 pts Active listings 11 28% 22% 16% 9% Jul 2024 Jul 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data The two-speed market THE TWO-SPEED MARKET Millbrae Single-family homes · May 2026 64% of Millbrae SFHs went pending within two weeks. Priced-right listings do not wait. 64% of listings went pending within two weeks Median time to pending 10 days vs. a year ago -16 pts 75% 51% 27% Half of listings 64% Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Best month to buy BEST MONTH TO BUY Millbrae Single-family homes · May 2026 January is historically Millbrae's calmest month for buyers: 5.4 pts less over-asking than May. January historically the calmest month for buyers Buyer's edge vs May -5.4 pts Years of Redfin data 11+ Yearly average J F M A M J J A S O N D -3.3 pts Bars over/under-asking vs the yearly average Line price seasonalityGenerated by ListingCopilot.io Source: Redfin housing market data 10-year price growth WAITING HAS A PRICE Millbrae Single-family homes · May 2026 A Millbrae SFH bought in 2016 has gained +65% in value since. +65% median sale price growth since 2016 Median price in 2016 $1.41M Average gain per year +5.2% $2.12M $1.84M $1.56M $2.33M May 2016 May 2021 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data For agents only
Get your own Market Pulse ListingCopilot gives you a free branded market report page like this one for every city you serve, plus share-ready cards refreshed monthly with the latest market data.
Create your free page 