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Burlingame Park Real Estate - April 2013

June 4th, 2013

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.

 

Burlingame Park Home Prices April 2013

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
Sales 1 1 5 9
Days on Market 10 46 38 64
Average Price $1,150,000 $2,190,000 $1,391,200 $2,069,889
Median Price $1,150,000 $2,190,000 $1,495,000 $2,044,444
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.