Burlingame Grove Real Estate Update January 2012

Raziel Ungar

Raziel Ungar

February 9th, 2012 - 1 min read

The real estate market in the Burlingame neighborhood of Burlingame Grove continues to be relatively quiet, as there have been very few recent transactions. In the second half of 2011, only three homes sold. There were no homes sold in January 2012.

The lack of sales activity has been driven by the fact that there have been very few homes listed on the market. Only ten homes came onto the market in 2011, versus 17 in 2010, 23 in 2009 and 27 in 2008. Active inventory has been between one and three homes at the end of each month since the beginning of 2011. Inventory peaked at 8 homes in the middle of 2010.

There have been four homes listed in the past three months in Burlingame Grove.  Inventory now stands at three homes for sale.

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

By The Numbers - Burlingame Grove Real Estate for January 2012

Current Month Last Year Total or Average
January 2011 January 2012 2010 2011
Sales 0 0 14 7
Days on Market N/A N/A 50 54
Average Price N/A N/A $890,000 $917,929
Median Price N/A N/A $1,015,571 $1,181,571
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