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$1,250,000FOR SALE
4 beds · 3 baths · 2,389 sqft
Coldwell Banker Diamond
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3 homes in 92823
Homes for Sale in 92823
Brea, CA
220 Copa De Oro Drive, Brea, CA 92823
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VIRTUAL TOUR
$899,000FOR SALE
2 beds · 2 baths · 1,553 sqft
Seven Gables Real Estate
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Price cut: $30,000 (8/6)
OPEN SATURDAY, 6:30PM - 10PM
$1,269,900FOR SALE
2 beds · 2 baths · 1,543 sqft
Realty ONE Group West
About 92823 Real Estate
About Brea: The 92823 ZIP code is in Brea, CA. Brea is a city in northern Orange County, California, United States. The population as of the 2020 census was 47,325. It is 25 miles (40 km) southeast of Los Angeles. Brea is part of the Los Angeles metropolitan area.
Today, the 92823 area has 3 homes for sale with a median listing price of $1.3M. The average price per square foot is $642.
92823 Area Market Pulse
Topfind Market Read
Sellers hold the edge right now. There is only 1.5 months of supply, and the typical home sells in about 29 days. At the same time, sale prices have eased 4% over the last six months, though they remain 6% above a year ago, and 33% of sellers have trimmed their asking price, so the market is not running away from buyers. Sellers have the stronger hand, though prepared buyers can still negotiate on the right home.
Buyer leverageBalancedSeller leverage
Median Home Price
$1.25M
↑ 6% over the past yearChart shows the median closed sale price by month
$1.7M$1.4M$1.2M$900K
Sep 25
Dec 25
Apr 26
Jul 26
Months of Supply
Estimated time to sell all listings at the current sales pace
1.5 months of supply
Tight Supply3 active listings against the current sales pace works out to about 1.5 months of supply.
Tight (<3 mo)
Balanced (3 to 6 mo)
Ample (6+ mo)
1.5
0369+
What this means for buyers
Inventory is tight relative to how many homes sell each month, so buyers have fewer options and well-priced homes draw competition. Listings typically sell in ~29 days.
● Tight: strong demand● Balanced: steady pace● Ample: more choice
Sales Velocity
How fast homes are selling
Homes are selling quickly, which gives sellers leverage, though prepared buyers can still compete. Homes are moving 18% faster than six months ago.
● <30d: Fast● 30-45d: Steady● 45d+: Slower
Inventory Distribution
Most current listings are under 30 days old, so the mix skews toward fresh inventory.
New
Active
Aging
Stale
Under 30 days → competitive, act quicklyOver 60 days → potential negotiation opportunities
Housing Tenure in 92823 Area
Homeownership is near the state average, with a balanced mix of owners and renters.
HomeownersRenters
60%
Homeowners
40%
Renters
Homeownership is 4.5 points higher than the California average (55.5%)
A balanced ownership mix suggests diverse housing options for both buyers and renters.
16,566 households (2023)
Median Price by Bedroom
Home prices increase with bedroom count, though premiums vary by size.
2 Bed$1.1M
4 Bed$1.3M
Each additional bedroom adds about $166K in value on average.
Price Reductions
1
1 listings have reduced their price
33% of active listings
Average reduction: 2.3% (~$29K)
A sizable share of sellers have trimmed their asking price. Those listings are the clearest place to negotiate.
Explore Nearby Cities
Browse homes for sale in cities near Brea
Frequently Asked Questions about Homes for Sale in 92823, CA
How many homes are for sale in 92823, CA?
There are currently 3 homes for sale in 92823, ranging from $899,000 to $1,269,900.
What is the median home price in 92823?
The median list price in 92823 is $1,250,000. Price per square foot averages $642. Prices are up 6.2% compared to a year ago.
How fast do homes sell in 92823?
Homes in 92823 currently average 29 days on the market, a brisk pace where attractive homes are gone within a month.
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