-------------------Feb 2012 ---Previous Month Year-over Year Median Price $900,000 $1,050,000 (-14.3%) $1,046,250 (-14.0%) Average Price $1,077,500 $1,269,330 (-15.1%) $1,175,850 (-8.4%) No. of Sales 5 9 (-44.4%) 10 (-50.0%) Pending Properties 20 11 (+81.8%) 12 (+66.7%) Active 38 27 (+40.7%) 27 (+40.7%) Sale vs. List Price 102.3% 96.7% (+5.8%) 98.3% (+4.1%) Days on Market 48 56 (-13.9%) 55 (-11.2%)
For more details go to my site and click "San Mateo Monthly Market Conditions", about the middle of the page then click Burlingame.
ZIP Code: 94010 Approximate Location Boundaries: Located on the San Francisco Peninsula south of the city of Millbrae and north of the city of San Mateo in central San Mateo County
Location Characteristics: Burlingame is a city located in central San Mateo County, as of the 2000 census, the city had a total population of 28,158. Upper and upper middle class homes and neighborhoods. Many homes have views and the area known for many fine schools. It is also known as the 'City of Trees' due to the amount of trees within the city (18,000 public trees). Most residential properties have trees owned and protected by the city on their public right of way. In addition the city has many parks and Eucalyptus groves that add to the overall tree numbers. San Francisco Airport is nearby and about a 20 minuite drive to San Francisco.
About Andrew La Mont:
20+ years experience. Office in San Francisco and Millbrae. I currently do about 50% of my business in San Francisco and 50% in northern San Mateo County.
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
