In August 2017, there were 23 homes sold, with a median sale price of $1,450,000 - a 5.5% increase over the $1,375,000 median sale price for the same period of the previous year. There were 16 homes sold in Millbrae in August 2016.
The median sales tax in Millbrae for the most recent year with available data, 2015, was $6,259, approximately 0.4% of the median home sale price for August 2017.
The following table compares Millbrae to other San Mateo County cities with similar median sales prices in August 2017:
| City | Aug. 2017 Home Sales | Aug. 2016 Home Sales | % change (Total Home Sales) | Aug. 2017 Median Sales Price | Aug. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| San Mateo Highlands | 2 | 4 | -50% | $1,738,500 | $1,557,500 | 11.6% |
| Burlingame | 29 | 16 | 81.3% | $1,610,000 | $1,719,500 | -6.4% |
| Belmont | 21 | 22 | -4.5% | $1,525,000 | $1,317,000 | 15.8% |
| San Carlos | 14 | 37 | -62.2% | $1,472,500 | $1,400,000 | 5.2% |
| Redwood City | 40 | 62 | -35.5% | $1,460,000 | $1,329,750 | 9.8% |
| Millbrae | 23 | 16 | 43.8% | $1,450,000 | $1,375,000 | 5.5% |
| Montara | 2 | 1 | 100% | $1,399,750 | $980,000 | 42.8% |
| El Granada | 2 | 7 | -71.4% | $1,327,500 | $860,000 | 54.4% |
| San Mateo | 90 | 85 | 5.9% | $1,232,500 | $880,000 | 40.1% |
| Foster City | 22 | 22 | 0% | $1,219,500 | $1,225,750 | -0.5% |
| Brisbane | 4 | 8 | -50% | $1,019,000 | $728,000 | 40% |
Alerts Sign-up