Brea , CA

Monthly Housing Development Update | October 2021

General statistics, market trends and outlook for housing development in Brea, CA

City Housing Update for October 2021

Current Trends:

During this past month of September, the median rental price for a single family home in Brea was $2,984 and median sale price for a single family home in the city was $721,400. There were approximately 128 homes listed for sale in the city at the end of September, compared with 122 in August. During the last month, homes sold within 86 days on the market and received 1 offers per sale on average.

City Housing Supply:

As of the end of 2017, the total count of existing housing units in the city was 16,359. Single family housing units make up the majority 65.38% of Brea's housing units, 10,696 units total. Multifamily units make up 28 percent, or approximately 4,658. As of last year, the average housing density (people per household) was 2.81, compared with the state average of 2.97. At the end of the period, about 427 of housing units in the city were unoccupied, suggesting a vacancy rate of 0 percent.

Regulations & Outlook:

The City has finalized updates to it's residential zoning code that fully comply with State Laws SB 1069 and AB 2299 which allow for Accessory Dwelling Units (ADUs) to be developed on most single family lots. More commonly referred to as “Granny Flats” and “In-Law Units”, in Brea as many as 6,310 homes may now be eligible to add some form of second dwelling unit. These laws are intended by The State to boost opportunities for housing production in cities in an effort to address the growing housing deficits local communities face accross The State. Typically secondary units are constructed by homeowners in backyards, converted garages and basements of single family residences. These new regulations could now allow individual homeowners to play a significant role to increase housing production in Brea over the coming years. Consider for example, if just one percent of eligible homeowners in Brea built an ADU each year, it would contribute an additional 315 units to the city's housing stock over the next five years and create hundreds of new local construction jobs.

Local News & Policy:

The city's latest residential zoning requirements for ADUs can be found on the Brea City Page using the link or search bar at the bottom of this report. Recently More information on the latest local policies and requirements for ADUs will be available as they are passed. Check back each month for the latest changes in Brea.

Get Involved:

For homeowners and local developers who are interested in getting involved in the ADU movement locally in Brea, use Housable to get insights about the ADU housing development potential of specific properties. Housable provides zoning, permitting, estimation and design tools, many of them free of charge, to help homeowners at any step plan, permit and build their ADU projects. Use property design and calculation tools any time, get low cost insights about the ADU potetnial of your property and connect with local professionals who can help with the process when you're ready to get started. Stay up to date with the latest local trends in housing production and join the ADU movement to create more housing in Brea, one garage, basement, or backyard at a time.

Exerpts From City Housing Reports

xe2x9exa2 Central Park Village is a mixed use project consisting of 369 apartments/lofts, 83 townhomes, 66,000 square feet of new commercial/ retail space, and a one acre park. The 15 acre site, which was rezoned from Light Industrial to MU-II, is located on the former Brea Community Hospital site which closed in 2005. Pursuant to the City's Inclusionary Housing Ordinance, ten percent, or 45 units, will be restricted as affordable to moderate income households.

Current Market Stats October 2021

Median Sales Price $721,400.00

Median Rental Price $2,983.00 Based on 840 sqft unit

Total Homes on Market 128

Average Days on Market 86

Average Offers per Sale 1

City Housing Stock 2017

Total Housing Units 16359

Single-Family Units 10696

Other Type Units 1004

Unit Vacancy Rate 0.0261

Annual Units Produced (2017) 97

Go to Brea ADU Zoning Page

General City Info Brea, CA

City Population 39,282

City Area 12.08 sq. mi.

We have our final inspection TODAY and do expect it will go well. We’ve been lucky to have a nice inspector. I’ll send you more pics this weekend!

Fiona K. in Bell Canyon, CA

The plans were approved and I received the permit today. Thank you for all your help with the process!

Jannie B. in Los Angeles, CA

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Monica H. in Oakland, CA

City & State Housing News

State of CA Assemblymember Richard Bloom Talks on CA Housing Legislative Package 23/10/2017

State of CA ADUs Done Right « Council of Community Housing Organizations 03/12/2016

Go to Brea ADU Zoning Page

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