Market Trends for Burlingame Real Estate
1 Comment Published by chrismolnar June 8th, 2008 in Burlingame, Buyer Tips, Seller Tips. by chrismolnarThe inventory for single family homes in Burlingame is increasing. There are currently 64 homes listed for sale. Prices range from $ 659,000 for a 2 bedroom house on Winchester Place to $ 2,875,000 for a 5 bedroom 3.5 bath home on Costa Rica Ave. Compare this with June of 2007 when we had only 37 listings or even June of 2006 when we had 49 homes for sale.Taditionally we have had less inventory going into the summer months. The average time homes stay on the market is currently 37 days which is relatively low compared to other neighboring cities.
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