The homes that did sell in Burlingame Park in 2011 did so quickly, in an average of about three weeks. The neighborhood averages about one to two sales per month. In January 2012 one home sold. It sold for $1,675,000, five percent above its list price. There were four unsold homes on the market at the end…..
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The Downtown Burlingame neighborhood is composed largely of commercial businesses and residential condos (often referred to as attached housing), with fewer single family homes. This update is a review of specifically the condo market in the neighborhood, whereas in other reviews we are focusing solely on the single family homes. Sales have been holding steady…..
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2011 was a big year for Lyon Hoag when 29 homes were sold, more than double the number sold in any recent year. The homes that sold in 2011 did so in an average of one month, as compared to two months in 2010.  There were 13 homes sold in May-July 2011 alone, the same as…..
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The Burlingables neighborhood of Burlingame was incredibly active in the middle of 2011, with 20 homes sold from May through November, compared to 16 homes sold for all of 2010. The pace of the market has cooled considerably in recent months, which is characteristic for the wintertime. No homes have been sold in December 2011 or…..
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Over the past few years,  Burlingame Gardens has averaged just less than one sale a month, with activity higher in the middle of the year. There has not been a lot of recent activity. In December 2011 and January 2012, there were no home sales. Buyers looking into the Burlingame Gardens neighborhood have not had many…..
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This week we shared some important community information with you about the new Mills-Peninsula Medical Center, which was designed to withstand up to an 8.5 magnitude earthquake.  If you have not visited the new hospital, it might be a good idea to go over there and check out where everything is in the event of…..
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This guest post is part of the series Uninsured – Tips to Protect Yourself Using Insurance written for the Burlingame Properties blog by Meghan O’Neill Hanson. Meghan is a personal insurance expert at MacCorkle Insurance Service in Burlingame and works with clients throughout the peninsula. She has worked previously as a CPA at PricewaterhouseCoopers as well…..
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Want to get a copy of Burlingame’s most comprehensive annual review of the residential real estate market? Drop me a line and I’ll be happy to mail you one. Connect with Raziel about your home If you’re looking to get an idea of your home’s value and would like to request an appointment to discuss…..
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 The History of the Bay Meadows Race Track Built on the site of an old airfield, Bay Meadows Racecourse was the longest continually operating thoroughbred racecourse in California, having been founded on November 13, 1934 until its closure in August 2008. The innovative William P. Kyne introduced pari-mutuel wagering, the popular Daily Double, the first all-enclosed starting…..
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The New Mills-Peninsula Medical Center Right here in Burlingame, and located adjacent to tree-lined Ray Park, the new $680 million six-story Mills-Peninsula Medical Center is the first of several new Peninsula hospitals designed to make it through the next major earthquake. The 450,000 square-foot building is the most seismically sound hospital in all of California and could…..
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The real estate market in the Burlingame neighborhood of Burlingame Grove continues to be relatively quiet, as there have been very few recent transactions. In the second half of 2011, only three homes sold. There were no homes sold in January 2012. The lack of sales activity has been driven by the fact that there have been…..
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Sales activity was way down in the Burlingame neighborhood of Burlingame Terrace in 2011. However, the decline from 21 homes sold in 2010 to 9 homes sold in 2011 was due more to available inventory than buyer demand. There just were not a lot of homes on the market. By the end of 2011, there were no homes for…..
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The Burlingame neighborhood of Easton Addition enjoyed a solid 2011 with steady prices and sales activity. In the first month of 2012, there were three single family homes sold in Easton Addition, accounting for 1/3 of the homes sold in Burlingame. (For all of 2011, Easton Addition accounted for about 1/4 of the homes sold in Burlingame)……
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2011 was an interesting year in the Burlingame neighborhood of Mills Estates. In 2010, 38 homes were listed and there were 25 homes sold (some from those 38 listed and perhaps a few left over from the previous year).  Inventory peaked at 12 homes for sale. Relative to the number of sales in the neighborhood…..
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After a long stretch with no activity in the small Burlingame neighborhood of Burlingame Village, there have been three homes sold in the past two months. Low sales activity is a product of low inventory on the market, rather than a lack of demand. The three homes that sold did so in an average of 27 days……
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After lots of activity in the middle 2011, there have not been very many homes sold recently in Ray Park in Burlingame. No homes have sold in the last two months (December 2011 and January 2012).  This is not wholly atypical, there were also no homes sold in December 2010 and January 2011. Home sales are highest…..
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This is a guest post by Nancy H. Rossi, an estate planning attorney at McGlashan & Sarrail in San Mateo. A parent will often consider adding a child as a joint tenant to the title of their real property (family home) or bank accounts as a means of avoiding a probate of the property on…..
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The beginning of the year is typically the slowest month for real estate in Burlingame and January 2012 was no exception. Nine homes sold in January 2012, though this does put us slightly ahead of last year’s pace when only eight homes sold in January. As most homes that end up selling in Burlingame do so in…..
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