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.
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
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|
|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.