Prices Now Also Rising in Burlingame Park
The real estate market of Burlingame Park was a little bit slower to see the increase in prices that are present in the rest of Burlingame. However, prices have started to rise in the neighborhood and now are up 10% in the last year. Buyers are regularly paying above $700 per square foot.
Sellers have been very successful in the past year. Nearly every single home that has been listed has sold. In the past 12 months, there have been 30 homes newly listed and 28 homes sold.
In the past few years, homes have typically sold for slightly less than their asking price in Burlingame Park. However, over the first four months of 2013, the average home has sold for slightly above the asking price.
By The Numbers - Burlingame Park Real Estate for 2013
|Current Month||YTD Total or Average|
|April 2012||April 2013||Jan - Apr 2012||Jan - Apr 2013|
|Days on Market||10||46||38||64|
|Avg $ per Sq Ft||$605||$725||$678||$730|
Thinking of buying or selling a home in Burlingame Park?
If you're interested in learning more about the Burlingame Park real estate market, considering selling your home in Burlingame Park, or thinking about moving to Burlingame Park, please drop me a line and I'd love to connect with you.