Since 2018, property values in Burlingame’s most popular neighborhood have increased 18%, from an average of $2.8 million to $3.3 million. More notably, overall sales have increased by 50%. For 2021, though, Easton Addition contained arguably Burlingame’s most stable market. Overall sales, average and median home prices, average DOM and sale price to list price ratio were more or less static, and whereas in 2020 Easton Addition sales accounted for 30% of Burlingame’s overall figure, this year they only made up 26% of total sales. What’s interesting about Easton in 2021 and in 2020, though, is its lack of outlier sales. Unlike some other Burlingame districts (notably ones that until recently were considered entry-level) Easton Addition sales are distributed fairly evenly across a limited range of price points. In 2021 that meant that 40% of all sales fell between $2 and $3 million, 33% between $3 and $4 million and 22% between $4 and $5 million, with one sale coming in at $5 million and two below $2 million. This is consistent with the range in 2020 with one notable exception: the $4 to $5 million range, which increased its market share from 16% to 22% in 2021.
To view a detailed google map of the Easton Addition neighborhood, click here. The MLS area is 466.
One of the most popular and prestigious neighborhoods in Burlingame
Classic Burlingame architecture with homes that have a historic, charming feel
Easton Addition has its own picture perfect branch of the Burlingame Public Library
One of the two most expensive neighborhoods in Burlingame along with Burlingame Park
Not as close to Burlingame Ave and Broadway as other areas, but parts of the neighborhood are walkable to Broadway
Home Data per tax records
|Single Family Homes|
|1 Bedroom Homes||4|
|2 Bedroom Homes||208|
|3 Bedroom Homes||693|
|4 Bedroom Homes||483|
|5+ Bedroom Homes||171|
|Number of Sales||60|
|Percent List Price Received||106.2%|
|Median Sales Price||$3,200,000|
|Average Sale Price||$3,344,000|
|Lowest Sale Price||$1,900,000|
|Highest Sale Price||$5,000,000|
Burlingame Real Estate Market Review
Each year Raziel publishes this award-winning annual review of the Burlingame real estate market.