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Brea is the southwestern part of the state of California and a city in Orange County. It sits on the eastern part of downtown Los Angeles, on the foot of the Puente Hills. The first settlers in the area were known to collect the chunks of the oil-soaked earth in the Brea, which means tar or pitch in Spanish, that is used to fuel the canyon, and the commercial oil production that began after the successful strikes in the Brea and Olinda fields that started in 1898. With the start of the influx of the workers in the oil fields, it inspired the Ontario Investment Company in order for them to file a subdivision map for a town that will be called Randolph in 1908, however, the plan was then changed and refiled in 1911 that will change the name to Brea. The city’s economy was primarily dominated by the oil-based industries before the start of the 1940s.

Home Prices

AVERAGE
1,118,593 +18%
MEDIAN
984,450 -1%

Relative Price (per sqft.)

PRICE
412 -0%

Listings

ACTIVE
17 -15%
NEW
4 -50%

Market Duration

DAYS
58 +11%
Population 40,963 (15.20%)
House Size (sqft.) 2,537 (14.49%)