Burlingame Terrace is one of Burlingame’s most convenient neighborhoods — it’s centrally located right in the middle of Broadway and Burlingame Avenue, and any home in this area is usually less than a half-mile (if not a couple of blocks) to most of the restaurants and boutiques in town. It’s also a few minutes walk to Burlingame High School and the Aquatic Center, tennis courts, track, sports fields, and the Parks & Rec Center.

Burlingame Terrace continues to offer a relatively affordable option for Burlingame buyers. In 2022, the Broadway-adjacent neighborhood notched Burlingame’s third-lowest average and median home prices ($2.438 and $2.34 million), showing a decline of 2% and 1% from 2021, with recorded neighborhood sales evenly spaced between $1.43 million (Burlingame’s least-expensive recorded sale of 2022) and $3.72 million. After seeing sharp increases in price per square foot and sale price to list price percentage in 2021, in 2022 Burlingame Terrace endured Burlingame’s steepest declines in these categories, falling to $1,336 per square foot (down 5%) and a sale-to-list of 101.7%, 8% lower than in 2021 and lowest in the entire city, with the latter still an impressive statistic.

To view a detailed google map of the Burlingame Terrace neighborhood, click here. The MLS area is 465.

Favorable

• Perfectly situated between Burlingame Ave and Broadway

• Older homes with character

Adverse

• Lower tree density than Burlingables or Easton Addition, but still gorgeous