Burlingame Terrace Market Update August 2011
There has not been a lot of activity in Burlingame Terrace in 2011. Year-to-date through August, there have been only four single family detached homes sold, as compared to 12 at the same point last year. Low sales activity is a product of low inventory on the market, rather than a lack of demand. Active inventory of single family homes at the end of August was only four homes.
Recent Sales in Burlingame Terrace
| Address | Recent Sale | Beds | Baths | Square Feet | Previous Sale | Annual Change |
| 745 Paloma | Mar 2011 $702,500 | 3 | 2 | 1,240 | Nov 1987 $256,000 | 4.4% |
| 1312 Edgehill | Jun 2011 $1,450,000 | 4 | 2 | 2,500 | Mar 2005 $1,375,000 | 0.9% |
| 1034 Chula Vista | Jul 2011 $747,000 | 3 | 1 | 1,530 | Feb 1971 $35,000 | 7.9% |
By The Numbers - Burlingame Terrace August 2011
| YTD Total or Average | ||
| Jan - Aug 2010 | Jan - Aug 2011 | |
| Sales | 12 | 4 |
| Days on Market | 62 | 19 |
| Average Price | $932,750 | $1,086,000 |
| Median Price | $975,250 | $1,086,000 |
See below for all of the latest real estate market updates for August 2011:
San Mateo County (July 2011) Burlingame Hillsborough San Mateo San Carlos Burlingame neighborhoods (Burlingame Grove, Burlingame Hills, Burlingame Village, Easton Addition, Mills Estates, Ray Park, Terrace)
