Archive for July, 2008

Market Trends in San Bruno

The inventory of single family homes for sale in San Bruno is shrinking. Currently there are 83 homes for sale. Compare this to 96 in June 08, 110 in May 08, 116 in April 08 and 134 at the end of July in 2007. 32 homes are on the market priced below $ 600,000. This is a great price point for anyone wanting to get into the Real Estate market on the Peninsula. So why are these homes still available ? 23 out of 32 homes are either bank owned (7) or are short sales (16). Anyone who has written an offer on a short sale property knows about the long, frustrating process. Haven’t heard back from the lender in several months? Find a  seller who  can make a decision and is motivated to get into contract. My favorite house in the under $600,000 category is the house at 360 Acacia Avenue in the Huntington Park neighborhood offered for $ 599,000. The home was built in 1927.  Some of the original woodwork has been preserved and the remodeled bathroom and up-dated kitchen are a big plus. Add the beautiful fruit trees in the backyard and the west of El Camino Real location and one wonders why this lovely home is still on the market!

Why is Burlingame such a desirable place to live? Here is one for all of you water fans. Burlingame has an Olympic size pool. Located on the Burlingame High School campus, the Burlingame Aquatic Center is open year around to the public for Lap Swim. This summer I decided to enroll in the adult swim camp. The 8 week class meets Monday and Wednesday nights. Our goal has been to improve our strokes, from freestyle to butterfly! It’s been a blast and an incredible personal challenge. Our coaches are members of the Burlingame Aquatics Club who are all part of the master program and apparently volunteer their time.  Some of these accomplished swimmers are former Olympians and every one’s enthusiasm for the sport of swimming is sure catching!

For more information about water-polo and swim classes for children and adults contact:

 www.burlingameaquatics.com or contact the Burlingame Recreation Department www.burlingame.org

Chris Molnar
Realtor, Coldwell Banker
181 Second Ave #100
San Mateo, CA 94401
Phone:650-504-2693


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