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.
Burlingame Residents
Raziel was great about breaking down the neighborhoods so we could focus on aspects that appealed to us and better understand the local market. When I did bid, I felt like we had a pretty good understanding of what to expect in terms of process and market price.
— Candace & Zen
Melissa & John McGuire
Ray Park, Burlingame
Sales at Google
Head of Finance at Insightly
Raziel made what could feel like a daunting process simple. He made us feel like educated buyers based on his knowledge of the Burlingame housing market. I liked the fact that Raziel not only grew up in this community but is a part of this community. We could not be happier with the way things turned out! We absolutely love our new home that he found for us and I know that we will be happy here for many years to come.
— Melissa & John McGuire
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Michael Ma & Stephanie Gu
Ray Park, Burlingame
Principal at Parallel Advisors
Rheumatologist at Kaiser Permanente
Raziel really takes the time to understand your needs and is willing to think outside the box if need be. When we first met with him in his office for our initial interview, he learned that we were looking for a home that would also interest my Mother-In-Law as she would be staying with us quite a bit to help look after our daughter and would likely live in the home once the time comes for us to buy our next home. Knowing this, Raziel went through the trouble of translating his client-facing real estate documents into Chinese so she could be more involved. Wow.
— Michael Ma & Stephanie Gu
Recent Market Activity Last three months
For Sale
1605 Coronado Way
Burlingame
4 Beds | 3 Baths | 2140 sq. ft.
Offered at $2,995,000
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