It’d be reasonable to characterize the 2020 market performance of Burlingame Gardens as a “return to normal” in an abnormal world. The entry-level neighborhood located east Broadway saw its average and median prices plummet in 2020, 32% and 28% respectively, until it settled at an average of $1.64 million ($1.73 million median), making it Burlingame’s most affordable neighborhood by far. This doesn’t mean that Burlingame Gardens fell out of favor with buyers in 2020 — far from it. Homes here sold for 105.7% of asking in 2020, the highest such figure in Burlingame. They commanded $1,311 per square foot (second-highest in the city) and took an average of only 13 days to sell, down 39% from 2019’s 21. The drop in average price is simple: smaller homes, averaging 1,254 square feet, sold in Burlingame Gardens in 2020.
The closest elementary school is McKinley Elementary, which is just across Carolan Avenue on Oak Grove.
To view a detailed google map of the Burlingame Gardens neighborhood, click here. The MLS area is 464.
- Entry level price point
- Opportunity to own a smaller home in a good location
- As the neighborhood is small, chance you'll hear the freeway or be very close to the train
Home Data per tax records
|Single Family Homes|
|1 Bedroom Homes||3|
|2 Bedroom Homes||119|
|3 Bedroom Homes||125|
|4 Bedroom Homes||39|
|5+ Bedroom Homes||3|
|Number of Sales||10|
|Percent List Price Received||104.8%|
|Median Sales Price||$1,744,000|
|Average Sale Price||$1,690,000|
|Lowest Sale Price||$1,350,000|
|Highest Sale Price||$2,100,000|
Burlingame Real Estate Market Review
Each year Raziel publishes this award-winning annual review of the Burlingame real estate market.