Communities
Burlingame
Timeless elegance. Gracious charm. Top schools.
Burlingame is one of the few areas that has maintained its gracious charm and timeless elegance over the decades. A favorite among families, Burlingame’s two main shopping areas, Burlingame Avenue and Broadway, attract a wide variety of shoppers discovering its boutiques, restaurants, dessert places, and clothing stores. Home to fresh farmer’s markets every Sunday morning in the summer and fall, jazz concerts in Washington Park, and a yearly Art in the Park fair, Burlingame is a wonderful place to start a family or retire later in life, and is well equipped for both!
Its tree lined streets offer an abundance of architecture and style of homes, from quaint two bedroom bungalows to thoughtfully designed four and five bedrooms.
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28,098
Population
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6,261
Homes
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1.9m - 5.5m+
Price Range
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$2.7M
Median Sale Price
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$2.85M
Average Sale Price
Pricing data based on single-family homes
Key features
- Timeless elegance
- Renowned small town, community feel
- Top schools
- Top rated schools
- Tree lined streets
- Burlingame is well known for it’s beautiful trees: each of its 15,000 trees is visited at least once every five years for care, and Burlingame has been a Tree City USA for over 30 consecutive years.
- Great shopping
- Excellent shopping and dining options
- Diverse homes
- Variety of architecture styles and neighborhoods
Burlingame Videos
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Buyers
What You Need To Know Before Moving to Burlingame
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Our Community
Why You Should Consider Moving To Burlingame
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Our Community
Raziel's Burlingame Community Center and Washington Park Tour
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Our Community
Raziel's Downtown Burlingame Walking Tour
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Buyers
Go Inside 3 Burlingame Homes
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Our Community
The Truth About Living in San Mateo
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Buyers, Sellers
14 Reasons I Love Living In San Mateo County
Raziel’s Burlingame Sales
Homes Sold in Burlingame
201
Home Sold in San Mateo
459
Career Sales in Burlingame
$456M+
Career Sales in San Mateo County
$1B+
#1 Realtor® in Burlingame
#1 in sales by transactions and volume in 2022. Per MLS
Raziel Sales
$54.8M
Agent #2
$41.6M
Agent #3
$26M
Agent #4
$30M
Agent #5
$24.8M
Burlingame
Stats & Trends
Sales Prices
Raziel's Commentary
In 2023 we saw more of what began in 2022, with almost every indicator — sale prices, total sales, average DOM — showing a continued trend toward a buyers’ market, though in less of an extreme fashion than we saw during the second half of 2022. In fact, sales increased year-over-year during the last quarter of 2023 while inventory dipped slightly. The most significant development of 2023 was the steep increase in buyers either paying cash or using large down payments for their homes in an attempt to mitigate the impacts of raised interest rates. What does this mean? Are would-be 20% down payment Hillsborough buyers instead putting down 50% (or all-cash) in Burlingame? Are Burlingame buyers lowering their ceilings in order to minimize their mortgages? This is something to pay attention to as long as rates stay where they are to gauge the impact of this trend on the overall market.
Sales Prices for single-family homes in Burlingame
2024 YTD Average
$3.05M
7%
2023 Average
$2.85M
6.9%
2024 YTD Median
$2.75M
1.9%
2023 Median
$2.7M
6.8%
2023 Home Sales by Price Range
Raziel's Commentary
After three years of supercharged prices, by 2022 the sub-$2 million market had almost disappeared. That trend reversed in 2023, when 22% of homes sold in Burlingame closed escrow under $2 million, doubling that price point’s market share year-over-year. Homes sold for between $2 and $3 million also increased their market share, but only slightly, from 41.2% to 42.7%, while homes at the market’s top end — those selling for more than $3 million —fell significantly from 48% to a 35.3% share of the market. Within this price point, homes selling for more than $4 million held pace, while homes in the $3 to $4 million range lost 13% of their share of the market in 2023.
| Beds Bedrooms | 1M - 2M | 2M - 3M | 3M - 4M | 4M - 5M | Over 5M |
|---|---|---|---|---|---|
|
2 |
19 | 4 | 0 | 0 | 0 |
|
3 |
9 | 39 | 4 | 0 | 0 |
|
4 |
3 | 14 | 22 | 5 | 0 |
|
5 |
0 | 1 | 8 | 10 | 5 |
|
6 |
0 | 1 | 0 | 0 | 0 |
| Total | 31 | 59 | 34 | 15 | 5 |
2023 Home Sales by Price Range for single-family homes in Burlingame
1M - 2M
17%
2M - 3M
32%
3M - 4M
18%
4M - 5M
8%
Sale Price to List Price Ratio
Raziel's Commentary
Sale price to list price ratio declined sharply in 2023, falling to 100.1%. This is down 5.8% from 2022 and the lowest year-end point recorded over the past decade. This decline is consistent with the changed local market, as buyers feel less pressure to overbid to secure properties. Looking further at the city’s performance over the second half of 2022, we see that Sale-to-List has been hovering around 100% since then, dipping below the 100% mark in the winter months and surging in the spring. For context, none of this is bad - it simply means the average home is selling around it’s asking price.
Sale Price to List Price Ratio for single-family homes in Burlingame
2024 YTD
105.6%
5.6%
2023
100%
5.2%
Number of Home Sales
Raziel's Commentary
The COVID market is officially over; it has been since the early days of 2022 when limited inventory pushed sales down sharply. The decline stabilized in 2023, which saw a 9% decrease in overall sales (including a smaller 4% decrease between May and December) to finish the year at 159 total sales (the least for any individual year since 2000). This, of course, is a massive decrease from 2021’s high-water mark of 258 total sales, but still not so far from sales figures from pre-COVID years. Between 2016 and 2019, very active years for the local market, Burlingame averaged 175 annual sales.
Number of Home Sales for single-family homes in Burlingame
2024 YTD
22
84.6%
2023
143
9.5%
Home Sales by Neighborhood
Raziel's Commentary
Home Sales by Neighborhood for single-family homes in Burlingame
Mills Estates
17
sales
Lyon Hoag
14
sales
Burlingame Terrace
12
sales
Average Days on Market
Raziel's Commentary
Burlingame continued the trend established during Q2 and Q3 of 2023, when the average DOM ballooned to 25.7 after spending six of the prior seven years under 20. By the end of 2023 that figure had grown to 29, a further increase of 13% from 2022’s high-water mark, an increase of more than 50% from year-end DOM recorded in 2022 and 23% higher than the next-highest total in any year since 2016.