sell · millbrae

Selling a home in Millbrae

In Millbrae, 68% of sales since January 2024 closed over asking, with a median overbid of $196K, and 44% of the single-family lots in our five Millbrae neighborhood guides are at least partly in a CAL FIRE fire hazard zone. Here’s what the numbers say, what’s different about selling here, and the homes we’ve listed and sold closest to Millbrae.

millbrae by the numbers

What the Millbrae market says right now

Millbrae closed 148 sales in the last 12 months, at the 12th-highest median price of the 25 cities with 100+ sales in the last 12 months. 68% of its sales since January 2024 closed over asking, the 4th-highest share of those 25 cities. Price per square foot came in at $1,143 in July–September 2026, against its high of $1,211 in the three months ending June 2022.

  • median sale price$2.04Mlast 12 months, 148 sales; Silicon Valley $1.65M
  • over asking68%of 396 sales since January 2024; median overbid $196K
  • $1.5M–2M79%of 99 sales in that band since January 2024 closed over asking
  • best closing monthMay79% over asking, against 58% in January; October is busiest

Source: closed MLS sales, Boyenga Team analysis, October 2026. Recent 12 months = October 2025 to September 2026; over and under asking = January 2024 to September 2026; best month = all 2012–2025 sales pooled by closing month, because Millbrae has too few sales in some months for a year-by-year average. See Millbrae by the numbers.

what’s different here

What sellers in Millbrae should plan for

What we’d plan for on a Millbrae listing.

Bidding depends on the neighborhood

measured: 24 months

In the 24 months to October 27, 2026, among neighborhoods with 10+ sales, Green Hills, Lomita Hills & Capuchino (11.7% over), Glenview Highlands & Millbrae Meadows (8.7%) and Millbrae Highlands (5.2%) sold furthest over asking, by the typical sale. Counting all home types, Mills Estates (Millbrae side) closed at asking (houses alone, 4.7% over) and Downtown, Marina Vista & Bayside Manor 1.3% over (houses alone, 6.8% over). A citywide figure won’t price your house, so we start from your neighborhood’s record and your kind of home.

Over asking, neighborhood by neighborhood

Fire hazard zones

measured: 44% of lots

Across our five Millbrae neighborhood guides, 2,382 of the 5,369 lots with the county’s single-family use code (44%) are at least partly in a CAL FIRE fire hazard severity zone: 1,010 Very High, 695 High and 677 Moderate. In Glenview Highlands & Millbrae Meadows, 1,252 of 1,254 lots touch one, 615 of them Very High; Mills Estates (Millbrae side) has 539 and Millbrae Highlands 520. Depending on the zone and the kind of area, a zone can bring stricter building standards for new construction and additions, defensible-space rules and a line on the seller’s natural hazard disclosure; the building department for the address can say which apply.

Lots, flood and fire zones by neighborhood

Flood zones and lot sizes

measured: 3% of lots

Across the same five guides, 177 of the 5,369 single-family lots (3%) have their parcel center in a FEMA high-risk flood zone, and 174 of them are in Downtown, Marina Vista & Bayside Manor, 32% of its lots (zones AE and AH). If the house itself is in an A or V zone, lenders on federally backed mortgages require flood insurance, so we order a flood zone determination for the address before launch. The median lot across the five guides is 6,130 sq ft, from 4,990 sq ft in Downtown, Marina Vista & Bayside Manor to 9,090 sq ft in Mills Estates (Millbrae side).

Lot sizes and flood zones by neighborhood

Houses and condos sell differently

measured: houses vs. condos

75% of Millbrae’s sales in the last 12 months were single-family houses. In the two years to October 27, 2026, all 59 condo and townhome sales were condos; the typical one sold for $865K ($737 per sq ft), against $2.25M ($1,218 per sq ft) for a house. 32% of condo sales closed over asking, against 77% of house sales, and the median condo closed 1.1% under its list price.

Condo and townhome prices

Timing

measured: 2012–2025, pooled

Millbrae has too few sales in some months for a year-by-year average, so we pooled all 2012–2025 sales by closing month. May closings sold over asking most often (79%), January closings least (58%), and October has the most closings. A May closing typically means an accepted offer in April, with the listing before that.

Best month to sell in Millbrae

Closing costs follow the county

county

Millbrae adds no city transfer tax. The San Mateo County tax is $1.10 per $1,000, so $2,200 on a $2 million sale, and by local custom the seller pays it. San Mateo County’s escrow customs are the reverse of Santa Clara County’s: the buyer usually pays the escrow fee and the owner’s title policy. All of it is negotiable, and the purchase contract decides.

San Mateo County transfer tax

our sales

Homes we’ve listed and sold near Millbrae

The MLS shows one Millbrae sale with our name on it: in 2020 we represented the buyer. We haven’t listed a home in Millbrae yet, so here are the homes we’ve listed and sold closest to it.

See our sales, city by city

Our Millbrae sale, where we represented the buyer, was in Mills Estates (Millbrae side).

our plan

How we’d sell your Millbrae home

The same Property Nerd plan we run on every listing, tuned to Millbrae.

  1. Price against the right sales

    We start with the closest recent sales in your neighborhood and of your kind of house, then read the competition that week. In Millbrae, where the typical sale in our five Millbrae neighborhood guides ran from at asking to 11.7% over in the 24 months to October 27, 2026, that means pricing to your neighborhood’s record.

  2. Prepare what buyers notice

    Paint, light, landscaping and staging, budgeted in the Prep Lab, with Compass Concierge to front eligible costs. For a condo, where 32% of sales in the two years to October 27, 2026 closed over asking, preparation and price have to be right on day one.

  3. Disclose early

    Inspections and disclosures ready before launch, so buyers make offers on facts. In Glenview Highlands & Millbrae Meadows, Mills Estates and Millbrae Highlands that includes the fire zone for the address; in Downtown, Marina Vista & Bayside Manor, a flood zone determination.

  4. Launch on purpose

    A private or Coming Soon start if it fits, then the full launch; the Launch Lab shows the plan. May closings sold over asking most often, so a spring sale is planned in winter.

  5. Negotiate and close

    We compare offers on price, terms and certainty, then run escrow to closing.

Looking for an agent rather than a plan? Meet Eric & Janelle Boyenga · Millbrae neighborhood guides

questions

Questions Millbrae sellers ask us

How often do Millbrae homes sell over asking?

From January 2024 to September 2026, 68% of 396 Millbrae sales closed above the final list price, the 4th-highest share of the 25 cities with 100+ sales in the last 12 months, with a median overbid of $196K. 24% closed below it, with a median discount of $49K. In the $1.5M–2M band, 79% of 99 sales closed over asking. Across Silicon Valley, 60% closed over asking.

When is the best time to sell in Millbrae?

Pooling all Millbrae sales from 2012 to 2025 by closing month, May closings sold over asking most often (79%) and January closings least often (58%). October has the most closings, about 11% of a typical year’s sales. A May closing typically means an accepted offer in April, with the listing before that.

Is my Millbrae house in a fire hazard zone?

Across our five Millbrae neighborhood guides, 2,382 of the 5,369 lots with the county’s single-family use code (44%) are at least partly in a CAL FIRE fire hazard severity zone: 1,010 Very High, 695 High and 677 Moderate. The most are in Glenview Highlands & Millbrae Meadows (1,252) and Mills Estates, Millbrae side (539); Downtown, Marina Vista & Bayside Manor has none. A seller’s natural hazard disclosure report states the zones for the property, and we check your parcel before you list.

Is my Millbrae house in a flood zone?

Few are in FEMA’s high-risk zones: 177 of the 5,369 single-family lots in our five Millbrae guides (3%) have their parcel center in one, 174 of them in Downtown, Marina Vista & Bayside Manor (zones AE and AH). Maps change, so we check the current FEMA map. If the house itself is in an A or V zone, lenders on federally backed mortgages require flood insurance; a flood zone determination for the address settles it. Other homes, such as condos, aren’t in that count, so we check every address.

How do Millbrae condos sell?

In the two years to October 27, 2026, 59 condos and townhomes sold in Millbrae, all of them condos. The typical one sold for $865K, or $737 per square foot, against $2.25M for a typical house. 32% closed over the final list price, against 77% of houses, and the median sale closed 1.1% under the list price.

Does Millbrae charge a transfer tax?

No. Millbrae adds no city transfer tax, so only the San Mateo County tax applies: $1.10 per $1,000 of the sale price, or $2,200 on a $2 million sale. By local custom the seller pays the county tax, and in San Mateo County the buyer usually pays the escrow fee and the owner’s title policy, the reverse of Santa Clara County. All of it is negotiable, and the purchase contract decides.

What do you charge to sell a Millbrae home?

Commissions are negotiable. We offer bundled services, so ask us what’s included.

talk to a property nerd

Thinking about selling in Millbrae?

We’ll pull the closest sales to your house, walk through prep and timing, and tell you what we’d do. No pressure and no obligation.

eric boyenga dre 01254725 · janelle boyenga dre 01254724 · compass · equal housing opportunity

Thinking about selling in Millbrae? Send us a note.

Eric & Janelle Boyenga

Eric & Janelle Boyenga

+1(408) 373-1660

Realtors DRE01254724 / 01254725

Realtors DRE01254724 / 01254725

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