Burlingame Terrace Market Update August 2011

Raziel Ungar

September 9th, 2011 - 1 min read
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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.

To learn more about this conveniently located neighborhood of Burlingame, and to view the most up-to-date current listings, click here. Burlingame Terrace is a popular neighborhood with quaint homes that are walking distance to both Broadway and Burlingame Avenue.

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 HillsBurlingame VillageEaston AdditionMills Estates, Ray ParkTerrace)

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