In July 2017, there were 16 homes sold, with a median sale price of $1,700,000 - a 12.6% increase over the $1,510,000 median sale price for the same period of the previous year. There were 13 homes sold in Millbrae in July 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 July 2017.
The following table compares Millbrae to other San Mateo County cities with similar median sales prices in July 2017:
| City | July 2017 Home Sales | July 2016 Home Sales | % change (Total Home Sales) | July 2017 Median Sales Price | July 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Burlingame | 20 | 24 | -16.7% | $2,078,000 | $1,743,000 | 19.2% |
| San Mateo Highlands | 4 | 3 | 33.3% | $1,957,500 | $1,570,000 | 24.7% |
| Emerald Lake Hills | 2 | 3 | -33.3% | $1,937,500 | $1,790,000 | 8.2% |
| Ladera | 1 | 0 | - | $1,925,000 | $0 | - |
| Palomar Park | 2 | 1 | 100% | $1,850,000 | $1,618,000 | 14.3% |
| Millbrae | 16 | 13 | 23.1% | $1,700,000 | $1,510,000 | 12.6% |
| San Carlos | 31 | 32 | -3.1% | $1,662,000 | $1,650,000 | 0.7% |
| Belmont | 18 | 22 | -18.2% | $1,605,000 | $1,452,500 | 10.5% |
| Sequoia | 4 | 0 | - | $1,595,000 | $0 | - |
| Foster City | 19 | 31 | -38.7% | $1,520,000 | $1,120,000 | 35.7% |
| Redwood City | 54 | 62 | -12.9% | $1,361,000 | $1,192,500 | 14.1% |
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