A recent MLS check revealed a mere five active properties located downtown. All but one were condominiums, ranging in asking price from $595,000 (for a modern two-bedroom, two-bath unit at 550 El Camino Real) to $838,000 (for a two-bedroom, 2,000-plus square-foot home at 110 Park Road). The average home price (including downtown’s sole single-family home, a two-bedroom bungalow built in 1925) was $694,000 – roughly $400,000 below the citywide median. This is not to say that activity is torrid in Burlingame’s core. Only five properties changed hands during the first two months of 2013, 23 in the last six months of 2012. Only one of these transactions involved a single-family residence.
Which is not to say there are no SFRs downtown. A few, holdovers from downtown’s pre-war days, dot the neighborhood, sprinkled in among low- and mid-rise multi-unit buildings that vary widely in age. Older, smaller buildings can be found on side streets, along with quite a few from the 1950s and 60s, while condo/apartment buildings from the 1980s, 1990s and 2000s line El Camino Real.
Whatever their appearance, one thing every downtown dwelling has in common is convenient access to scores of restaurants, popular retail stores, Caltrain, freeways… Downtown residences routinely notch Walkscores in the 90s, making downtown a “walker’s paradise.”
To view a detailed google map of the Downtown Burlingame neighborhood, click here. The MLS area is 461.
- The location is impeccable - walking distance from Burlingame Avenue's shopping, restaurants, and Caltrain
- A relatively affordable price point that comes with excellent Burlingame schools
- Most of the buildings are a little older than other condo buildings on the peninsula, but the value is in the location
Home Data per tax records
|Single Family Homes|
|1 Bedroom Homes||2|
|2 Bedroom Homes||27|
|3 Bedroom Homes||10|
|4 Bedroom Homes||3|
|5+ Bedroom Homes||1|
|Number of Sales||24|
|Percent List Price Received||105.4%|
|Median Sales Price||$1,165,000|
|Average Sale Price||$1,176,000|
|Lowest Sale Price||$730,000|
|Highest Sale Price||$2,000,000|