Burlingame Village Real Estate Update January 2012

Raziel Ungar

February 9th, 2012 - 1 min read
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After a long stretch with no activity in the small Burlingame neighborhood of Burlingame Village, there have been three homes sold in the past two months. Low sales activity is a product of low inventory on the market, rather than a lack of demand. The three homes that sold did so in an average of 27 days. These listings were not sitting on the market for long. At the end of January 2012, there were no homes for sale in Burlingame Village.

 

Burlingame Village is too small of a neighborhood to track price trends. However, one thing to note is that the relatively low average and median selling prices (low for Burlingame at least), are due to the smaller homes sold in the neighborhood. Average price per square feet are in the same range as Burlingame overall (around $600 per square feet).

If you're interested in learning more about the Burlingame Village real estate market, considering selling your home in Burlingame Village, or thinking about moving to Burlingame Village, please drop me a line and I'd love to connect with you.

By The Numbers - Burlingame Village Real Estate for January 2012

Current Month Last Year Total or Average
January 2011 January 2012 2010 2011
Sales 0 2 4 6
Days on Market N/A 22 23 38
Average Price N/A $802,000 $851,500 $871,500
Median Price N/A $965,000 $927,500 $997,833
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