Blog > Where Millbrae Homes Sell Over Asking: By Price Range and Size (2026)
Do Millbrae homes still sell over asking? In the last 12 months, the typical Millbrae house closed 8.5% over asking, and 76% sold for more than their list price. That’s against 6.8% over asking the year before. But it depends on the price and the size: over the last 24 months, houses at $2.25M–$2.5M were bid up the most (15.7% over asking), and houses at $2.5M–$2.75M the least (2% over asking). Here’s every range. We’re the Property Nerds, so the numbers come from real sales.
The short answer
- Houses, last 12 months: typical sale 8.5% over asking; 76% sold over asking. The year before: 6.8% over asking, 77% over.
- Hottest price range, by the typical sale: $2.25M–$2.5M, typical sale 15.7% over asking, 79% over asking.
- Hottest size, by the typical sale: houses of 2,500–3,000 sq ft, typical sale 9.9% over asking.
- Coolest price range, by the typical sale: $2.5M–$2.75M, typical sale 2% over asking, 65% over asking.
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Buying or selling in Millbrae?
- What’s my home worth? Ask for the recent sales on your street.
- Selling a home in Millbrae: pricing, prep and what’s selling now.
- Talk to a Property Nerd about your plans.
By price range
House sales in the last 24 months (October 28, 2024 to October 27, 2026). “Typical sale” is the median of sale price against list price.
| Price range | Sales | Typical sale | Sold over asking | Median price | Living area |
|---|---|---|---|---|---|
| Under $1.5M | 16 | 3.6% over asking | 75% | $1.34M | 1,080 sq ft |
| $1.5M–$1.75M | 22 | 7.1% over asking | 64% | $1.62M | 1,330 sq ft |
| $1.75M–$2M | 36 | 7.5% over asking | 83% | $1.84M | 1,350 sq ft |
| $2M–$2.25M | 32 | 7% over asking | 75% | $2.13M | 1,840 sq ft |
| $2.25M–$2.5M | 39 | 15.7% over asking | 79% | $2.35M | 2,020 sq ft |
| $2.5M–$2.75M | 26 | 2% over asking | 65% | $2.59M | 2,030 sq ft |
| $2.75M–$3M | 24 | 10.5% over asking | 88% | $2.85M | 2,300 sq ft |
| $3M and up | 18 | 8.4% over asking | 78% | $3.2M | 2,980 sq ft |
By house size
House sales in the last 24 months (October 28, 2024 to October 27, 2026); sizes with fewer than 12 sales are left out:
| Living area | Sales | Typical sale | Sold over asking | Median price |
|---|---|---|---|---|
| Under 1,500 sq ft | 55 | 6.9% over asking | 82% | $1.73M |
| 1,500–2,000 sq ft | 67 | 8.4% over asking | 76% | $2.24M |
| 2,000–2,500 sq ft | 61 | 7.6% over asking | 74% | $2.5M |
| 2,500–3,000 sq ft | 16 | 9.9% over asking | 75% | $2.84M |
This year against last year
| Last 12 months | The 12 months before | |
|---|---|---|
| Houses: typical sale | 8.5% over asking | 6.8% over asking |
| Houses: sold over asking | 76% | 77% |
| Houses: median price | $2.33M | $2.15M |
What it means for pricing
- Over asking isn’t the same as overpaying. With 76% of Millbrae houses selling over asking, a sale over asking can still be at market value: what matters is how the price compares with recent sales of similar homes nearby.
- Read the range you’re in. Houses at $2.25M–$2.5M and at $2.5M–$2.75M sit side by side, yet the typical sale closed 15.7% over asking in one and 2% over asking in the other.
- Buyers: use the “typical sale” for your range and size as a starting point, then look at the last few sales on the street.
- Sellers: strategy matters as much as the number. See how much over asking homes sell for and our over-asking tool.
Millbrae against ten other San Mateo County cities
The last 12 months (October 28, 2025 to October 27, 2026), against the 12 months before. Condos and townhomes are shown where a city had at least 50 sales in each year.
| City | Typical house sale | Houses over asking | Year before | Condos and townhomes |
|---|---|---|---|---|
| San Mateo | 9.1% over asking | 75% | 4.7% over asking | 0.9% under asking |
| Redwood City | 4.3% over asking | 70% | 1.5% over asking | 1.5% under asking |
| Daly City | 10% over asking | 78% | 7% over asking | 0.2% over asking |
| Menlo Park | 2.4% over asking | 60% | 0.5% over asking | at asking |
| San Carlos | 3.5% over asking | 64% | 3.4% over asking | at asking |
| South San Francisco | 8.6% over asking | 83% | 7% over asking | 0.2% over asking |
| San Bruno | 7.3% over asking | 78% | 3.6% over asking | 0.9% under asking |
| Burlingame | 5.4% over asking | 66% | 2.7% over asking | too few sales |
| Belmont | 3.4% over asking | 67% | 5.8% over asking | too few sales |
| Foster City | 4.9% over asking | 75% | 4.6% over asking | at asking |
| Millbrae | 8.5% over asking | 76% | 6.8% over asking | too few sales |
Questions we get
Do Millbrae homes sell over asking?
Yes, most houses do: 76% sold over list price in the last 12 months, and the typical one closed 8.5% over asking.
Which Millbrae homes sell furthest over asking?
By price, houses at $2.25M–$2.5M (15.7% over asking typical). By size, houses of 2,500–3,000 sq ft (9.9% over asking).
Is the Millbrae market hotter or cooler than last year?
Hotter by the typical sale, though the share sold over asking dipped: for Millbrae houses, the typical sale went from 6.8% over asking to 8.5% over asking, the share sold over asking from 77% to 76%, and the median price from $2.15M to $2.33M.
How we counted
Closed sales reported to the MLS and read through the IDX feeds that power our home search, one record per sale with a usable living area and map position, the same rules as our city price posts. Houses are MLS property type “single family home”; condos include townhomes. Sale price is compared with the final list price, so a home that was cut before selling is measured against its last price. Price and size ranges use the last 24 months (October 28, 2024 to October 27, 2026) and leave out ranges with fewer than 12 sales; the city figures use the last 12 months (October 28, 2025 to October 27, 2026) and the 12 months before. Past sales aren’t a forecast or the value of any one home, and nothing here is financial, tax or legal advice.
Go deeper
where Millbrae homes sell over asking, neighborhood by neighborhood, the best month to sell in Millbrae and the home features that start bidding wars.
More Millbrae numbers from the Property Nerds
Talk to a Property Nerd
We’re the Property Nerds at Compass, recognized as NextGenAgents by a national real estate portal. We’ll pull the sales that matter for your home and your plans, and walk you through what they mean. Call (408) 373-1660 or (650) 383-8606, or book a strategy call. Commissions are negotiable, and we offer bundled services, so ask us what’s included.