Communities
Burlingame
Timeless elegance. Gracious charm. Top schools.
Burlingame is one of the few areas that has maintained its gracious charm and timeless elegance over the decades. A favorite among families, Burlingame’s two main shopping areas, Burlingame Avenue and Broadway, attract a wide variety of shoppers discovering its boutiques, restaurants, dessert places, and clothing stores. Home to fresh farmer’s markets every Sunday morning in the summer and fall, jazz concerts in Washington Park, and a yearly Art in the Park fair, Burlingame is a wonderful place to start a family or retire later in life, and is well equipped for both!
Its tree lined streets offer an abundance of architecture and style of homes, from quaint two bedroom bungalows to thoughtfully designed four and five bedrooms.
-
28,098
Population
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6,261
Homes
-
1.9m - 5.5m+
Price Range
-
$2.7M
Median Sale Price
-
$2.85M
Average Sale Price
Pricing data based on single-family homes
Key features
- Timeless elegance
- Renowned small town, community feel
- Top schools
- Top rated schools
- Tree lined streets
- Burlingame is well known for it’s beautiful trees: each of its 15,000 trees is visited at least once every five years for care, and Burlingame has been a Tree City USA for over 30 consecutive years.
- Great shopping
- Excellent shopping and dining options
- Diverse homes
- Variety of architecture styles and neighborhoods
Burlingame Videos
Raziel’s Burlingame Sales
Homes Sold in Burlingame
201
Home Sold in San Mateo
459
Career Sales in Burlingame
$456M+
Career Sales in San Mateo County
$1B+
#1 Realtor® in Burlingame
#1 in sales by transactions and volume in 2022. Per MLS
Raziel Sales
$54.8M
Agent #2
$41.6M
Agent #3
$26M
Agent #4
$30M
Agent #5
$24.8M
Burlingame
Stats & Trends
Sales Prices
Raziel's Commentary
In 2023 we saw more of what began in 2022, with almost every indicator — sale prices, total sales, average DOM — showing a continued trend toward a buyers’ market, though in less of an extreme fashion than we saw during the second half of 2022. In fact, sales increased year-over-year during the last quarter of 2023 while inventory dipped slightly. The most significant development of 2023 was the steep increase in buyers either paying cash or using large down payments for their homes in an attempt to mitigate the impacts of raised interest rates. What does this mean? Are would-be 20% down payment Hillsborough buyers instead putting down 50% (or all-cash) in Burlingame? Are Burlingame buyers lowering their ceilings in order to minimize their mortgages? This is something to pay attention to as long as rates stay where they are to gauge the impact of this trend on the overall market.
2024 YTD Average
$3.05M
7%
2023 Average
$2.85M
6.9%
2024 YTD Median
$2.75M
1.9%
2023 Median
$2.7M
6.8%
2023 Home Sales by Price Range
Raziel's Commentary
After three years of supercharged prices, by 2022 the sub-$2 million market had almost disappeared. That trend reversed in 2023, when 22% of homes sold in Burlingame closed escrow under $2 million, doubling that price point’s market share year-over-year. Homes sold for between $2 and $3 million also increased their market share, but only slightly, from 41.2% to 42.7%, while homes at the market’s top end — those selling for more than $3 million —fell significantly from 48% to a 35.3% share of the market. Within this price point, homes selling for more than $4 million held pace, while homes in the $3 to $4 million range lost 13% of their share of the market in 2023.
Beds Bedrooms | 1M - 2M | 2M - 3M | 3M - 4M | 4M - 5M | Over 5M |
---|---|---|---|---|---|
2 |
19 | 4 | 0 | 0 | 0 |
3 |
9 | 39 | 4 | 0 | 0 |
4 |
3 | 14 | 22 | 5 | 0 |
5 |
0 | 1 | 8 | 10 | 5 |
6 |
0 | 1 | 0 | 0 | 0 |
Total | 31 | 59 | 34 | 15 | 5 |
2023 Home Sales by Price Range for single-family homes in Burlingame
1M - 2M
17%
2M - 3M
32%
3M - 4M
18%
4M - 5M
8%
Sale Price to List Price Ratio
Raziel's Commentary
Sale price to list price ratio declined sharply in 2023, falling to 100.1%. This is down 5.8% from 2022 and the lowest year-end point recorded over the past decade. This decline is consistent with the changed local market, as buyers feel less pressure to overbid to secure properties. Looking further at the city’s performance over the second half of 2022, we see that Sale-to-List has been hovering around 100% since then, dipping below the 100% mark in the winter months and surging in the spring. For context, none of this is bad - it simply means the average home is selling around it’s asking price.
2024 YTD
105.6%
5.6%
2023
100%
5.2%
Number of Home Sales
Raziel's Commentary
The COVID market is officially over; it has been since the early days of 2022 when limited inventory pushed sales down sharply. The decline stabilized in 2023, which saw a 9% decrease in overall sales (including a smaller 4% decrease between May and December) to finish the year at 159 total sales (the least for any individual year since 2000). This, of course, is a massive decrease from 2021’s high-water mark of 258 total sales, but still not so far from sales figures from pre-COVID years. Between 2016 and 2019, very active years for the local market, Burlingame averaged 175 annual sales.
2024 YTD
22
84.6%
2023
143
9.5%
Home Sales by Neighborhood
Raziel's Commentary
Mills Estates
17
sales
Lyon Hoag
14
sales
Burlingame Terrace
12
sales
Average Days on Market
Raziel's Commentary
Burlingame continued the trend established during Q2 and Q3 of 2023, when the average DOM ballooned to 25.7 after spending six of the prior seven years under 20. By the end of 2023 that figure had grown to 29, a further increase of 13% from 2022’s high-water mark, an increase of more than 50% from year-end DOM recorded in 2022 and 23% higher than the next-highest total in any year since 2016.
2024 YTD
16
days
42.9%
2023
28
days
64.7%
Down Payments
Raziel's Commentary
One of the more significant developments in Burlingame real estate for 2023 was the impact rising interest rates had on buyers’ down payment strategies. For the year, more than 25% of all Burlingame buyers paid cash for their homes — two-and-a-half times as many as in 2022 and 36% more than at any time between 2016 to 2022. Breaking this down along price points we see that the biggest percentage of cash buyers were at the top of the market — 36.4% paid cash for their $4 million-plus homes while the price point least likely to have cash buyers was under-$2 million; only 11% of these buyers paid cash. 21% to 50% remained the most popular option for down payments (43.3%, down only slightly from 2022) but buyers putting down 20% or less than 20% dwindled to 17.5% of the market, down from 33.3% in 2022.
All Cash
24.8%
>50% Down
14.2%
21-50% Down
43.3%
20% Down
11.3%
<20% Down
6.4%
Burlingame Neighborhoods
Burlingables
Burlingables is a wonderful tree-lined neighborhood bursting with architectural delights. Just steps from Burlingame High School and all of its modern athletic facilities,...
Burlingame Gardens
Burlingame Gardens is walking distance to the Burlingame High School campus and athletic facilities and is also quite close to the shopping and restaurants on Broadway and...
Burlingame Grove
Burlingame Grove has two of the most picturesque tree-lined streets you’ll see in all of Burlingame — Cambridge and Oxford. Burlingame Grove, like Burlingame Terrace to its...
Burlingame Hills
The Burlingame Hills features gorgeous homes and scenic views. It’s a great choice for those who prefer a little more privacy, bigger lot size, and a little more separation...
Burlingame Park
The Burlingame Park neighborhood is small and lush, bordered on one side by Hillsborough and walking distance to Burlingame Avenue, which is a huge draw for the...
Burlingame Terrace
Burlingame Terrace is one of Burlingame’s most convenient neighborhoods — it’s centrally located right in the middle of Broadway and Burlingame Avenue, and any home in this...
Burlingame Village
Village Park forms the heart of the neighborhood, with a large open grassy field, full-court basketball, and even a preschool. This neighborhood is served by Lincoln...
Downtown Burlingame
The Downtown Burlingame neighborhood is mostly made up of apartments and condominiums. Anchored by Burlingame Avenue, the neighborhood runs in between El Camino to the west...
Easton Addition
Burlingame’s Easton Addition is arguably the city’s signature neighborhood. Located within walking distance of Broadway’s low-key shops and restaurants and an easy drive to...
Lyon Hoag
This is Burlingame’s first subdivision, created in 1896. Prior to its use for homes, the Howard family maintained a dairy here. The Howards are the original American land...
Mills Estates
Mills Estates is a more “modern” neighborhood than most in Burlingame. The homes are generally 50-60 years old, and many of them are either one level ranch style homes or...
Ray Park
Ray Park is a picturesque rolling neighborhood located in North Burlingame. Most of the homes are one level ranch-style homes with a great deal of curb appeal, and are...
Burlingame Real Estate Market Review
In my 13th annual review of the Burlingame residential real estate market, I examine 2023 market trends and relevant sales statistics. You'll learn first-hand what’s happening in your neighborhood.
Schools & History
Schools
If you’re looking to buy a home in Burlingame in a particular public elementary school district, this unique google map will help you identify the geographic boundaries for enrollment of each school. This map was assembled from data from the school district website (handy for quickly identifying what school a particular address is assigned to), and is reliable but not guaranteed.
If you have more specific questions about schools in Burlingame, please contact Raziel. To verify enrollment in the event it is impacted, contact the Burlingame School District.
All addresses in Burlingame go to Burlingame High School (In 2003, the district lines were redrawn to incorporate this change). Burlingame High is within the San Mateo Union High School District (not the Burlingame School District, which includes all five public elementary schools and BIS). To verify enrollment information, please contact the High School District.
History
Burlingame shares a common history with neighbors San Mateo, Millbrae and Hillsborough, but only up to a point. Like the surrounding communities, Burlingame was once the site of native Costanoan villages and then part of a Mexican land grant (Rancho Buri Buri to the north and Rancho San Mateo to the south). Burlingame’s history diverges from that of nearby Peninsula cities in the late 1800s, when Francis Newlands, son-in-law of landowner and Nevada Senator William Sharon, came up with a plan to turn this stretch of real estate into a playground for San Francisco’s wealthiest residents.
Resident Stories
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