A question I get often is” how’s the market doing?” That’s really been a depends answer until recently. It would depend on whether you were a seller and had to sell during a down market, a buyer looking for a great deal, or an investor. The data about the second quarter of 2010 came out this week and the cities around San Mateo are doing just fine, thank [...]
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Here’s a snapshot of the Burlingame housing market over the past 12 months. It’s taking longer to sell and prices are down. If you can qualify for that loan, you have your choice of some great properties. Burlingame is one of the prettiest cities in San Mateo County. [...] Altos Research reported that last week the city of Burlingame had 63 houses for sale and only saw one sale. The Median Price for a Burlingame single family home was $1,299,000. The least expensive house listed was $699,000 and the most expensive listed at $3,325,000. A median aged home is 67 years old with [...] Burlingame Market Report Last week there were 41 homes for sale in Burlingame with the median price being $1,399,000. Since the median price is always lower than the average, the average price was $1,568,217 and to get this we had to average from the lowest listing at $695,000 to the highest listing at $4,995,000. Quite a [...] Burlingame Gardens is a cute area just north of Burlingame High School. This area once housed many of the servants who worked in the estates of Hillsborough. Like all of Burlingame, the homes are older. Generally the houses are small, mostly 2 bedrooms and 1 bath and unless totally redone, or sitting on one of [...] The areas surrounding Washington Park and Burlingame High School, running from Burlingame Avenue over to Oak Grove up Rollins Road to BHS, is called Burlingables and Oak Grove Manor. It’s one of my favorite neighborhoods in all of Burlingame. Tree lined streets, cute little houses with loads of curb appeal and those that have generally [...] Burlingame, California, 94010 is one of the coveted communities on the Peninsula. Last week there were 75 homes on the market, averaging 65+ days waiting for a new family. That’s a reduction from previous weeks and months. That’s good. Prices are remaining steady. The most expensive home listed last week was I get the question, “Why hasn’t Burlingame dropped in price the way other areas have?”, quite often. What is going on in our area, the area I fondly call Fantasy Island, that seems to insulate prices? It’s back to the basic economics of supply and demand. There is more demand for Burlingame than there is [...] It’s been a while since I posted any information about the Burlingame real estate market. Altos Research sends me reports weekly on all of the seven sister cities we cover but frankly the market has been so slow it hasn’t been worthwhile posting these until now. Spring has sprung. We are beginning to see listings The City of Burlingame, like it’s northern sister Millbrae, is also a Cool Buyer’s market. With 88 houses for sale and a median price of $1,495,000 one might think prices would be dropping, but alas it’s no such thing. The prices have again remained at the same level they’ve been at for several weeks. The [...] |
Lenore & Alex Wilkas
DRE # 01343201 & # 01355442
Prudential California Realty, |
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