Ray Park real estate grew across the board in 2021, posting double-digit increases in sales, average and median price and price per square foot. Average DOM fell by 11% to 13, and sale price to list price ratio topped out at 110.9%, highest in all of Burlingame. For the year, homes sold for an average of $2.741 million with a median of $2.66 million. For this neighborhood, which has evolved over time to become a good Easton Addition alternative for buyers looking west of El Camino Real, 2021 was the year its market all but abandoned the sub-$2 million range, which comprised 43% of its transactions in 2020. This year, only one home sold for under $2 million. Instead, 63% of its transactions came in between $2 and $3 million and 32% at $3 million and above.
To view a detailed google map of the Ray Park neighborhood, click here. The MLS area is 470.
Favorable
Tree-lined streets with more modern ranch style homes
Walking distance to Franklin Elementary, Burlingame Intermediate and Ray Park.
Very close to Trousdale for popping up to 280 and only a few minutes to Millbrae BART
Adverse
Homes don't have the same historic feel as most in Burlingame
Hard to find a large original home in the neighborhood
Home Data per tax records
Single Family Homes | |
---|---|
1 Bedroom Homes | 0 |
2 Bedroom Homes | 70 |
3 Bedroom Homes | 276 |
4 Bedroom Homes | 92 |
5+ Bedroom Homes | 21 |
Condos/Townhomes | 0 |
Duplex | 55 |
Price Data
Year | 2021 |
---|---|
Number of Sales | 16 |
Percent List Price Received | 113.0% |
Median Sales Price | $2,825,000 |
Average Sale Price | $2,844,000 |
Lowest Sale Price | $1,970,000 |
Highest Sale Price | $4,015,000 |

Burlingame Real Estate Market Review
Each year Raziel publishes this award-winning annual review of the Burlingame real estate market.