For conveniently located Burlingame Terrace, 2021 is a lesson in why average and median prices don’t always tell the entire story. At first glance it seems that this traditionally entry-level neighborhood “missed out” on the 2021 madness; average and median prices fell by 2%, to $2.49 and $2.375, respectively. Every other data point, however, shows a neighborhood very much in demand. Overall sales doubled, to 23; average DOM fell by 21%, to 18. Sale price to list price rose 11% to 110.8, second-highest among Burlingame neighborhoods and price per square foot zoomed up 23%, to $1,405. In 2020, prices soared when a few sales of large, high-end homes — outliers in this neighborhood — skewed overall data; in 2021, they stayed high not because of outlier sales but because of demand.
To view a detailed google map of the Burlingame Terrace neighborhood, click here. The MLS area is 465.
Perfectly situated between Burlingame Ave and Broadway
Older homes with character
Lower tree density than Burlingables or Easton Addition, but still gorgeous
The elementary school for the neighborhood is McKinley Elementary, the home of the Burlingame School District Dual Spanish Immersion Program. McKinley Elementary School is in the heart of the neighborhood at Oak Grove and El Camino. It is within no more than a 10-15 walk from anywhere in the neighborhood, or a 5 minute drive.
There is one public middle school, Burlingame Intermediate School, which is located in the Ray Park neighborhood. It’s about a 7 minute drive up El Camino Burlingame Terrace.
There is one public high school, Burlingame High, which is just east of the neighborhood at Oak Grove and Carolan and is within easy walking distance.
Burlingame Terrace is arguably Burlingame’s most convenient neighborhood.
Burlingame Terrace is one of Burlingame’s most convenient neighborhoods — it’s centrally located right in the middle of Broadway and Burlingame Avenue, and any home in this area is usually less than a half-mile (if not a couple of blocks) to most of the restaurants and boutiques in town. It’s also a few minutes walk to Burlingame High School and the Aquatic Center, tennis courts, track, sports fields, and the Parks & Rec Center.