Burlingame Grove Market Update August 2011 - Low Inventory
There has been very little sales activity in Burlingame Grove in 2011. Year-to-date through August, there have been only four single family homes sold, as compared to 11 at the same point last year. Low sales activity is a product of low inventory on the market, rather than a lack of demand. For the entire year, there have only been one to two homes left on the market for sale at the end of each month. In the early part of last summer, there were regularly seven to eight single family homes available for sale.
Recent Sales in Burlingame Grove
| Address | Recent Sale | Beds | Baths | Square Feet | Previous Sale | Annual Change |
| 1109 Grove | Aug 2011 $905,000 | 3 | 2 | 1,330 | Sep 1998 $515,000 | 4.5% |
| 1321 Laguna | May 2011 $1,298,000 | 3 | 2 | 1,907 | Jun 2008 $870,000 | 14.7% Remodeled |
By The Numbers - Burlingame Grove August 2011
| YTD Total or Average | ||
| Jan - Aug 2010 | Jan - Aug 2011 | |
| Sales | 11 | 4 |
| Days on Market | 58 | 80 |
| Average Price | $871,455 | $1,021,000 |
| Median Price | $900,454 | $1,311,500 |
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)
