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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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 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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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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Sales dipped in 2011 in Burlingame Hills to 22, from 29 transactions in 2010. In the first months of 2012, there was one home sold (and it had been on the market for awhile, over half a year). The beginning of the year is typically a slow period for real estate transactions, so we will have to…..
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An Overview of the 2011 Hillsborough Real Estate Market Although activity tailed off at the end of the year, there were still 137 single family homes sold in Hillsborough in 2011. This was the most sales in any year since 2005, and represents the third consecutive year of rising sales. Impressively, sales were up at…..
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An Overview of the 2011 San Mateo Real Estate Market Helped by a strong push in late summer and early fall, the number of homes sold in the City of San Mateo in 2011 just eclipsed the 2010 total. There were a total of 595 transactions, as compared to 592 in 2010. It was the…..
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An Overview of the 2011 San Carlos Real Estate Market The best word to describe the 2011 real estate market in San Carlos is “stable”. The number of listings, selling values, average home size, inventory and average days on market were all essentially flat in 2011 as compared to 2010. One area that was not…..
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An Overview of the 2011 San Carlos Real Estate Market The best word to describe the 2011 real estate market in San Carlos is “stable”. The number of listings, selling values, average home size, inventory and average days on market were all essentially flat in 2011 as compared to 2010. One area that was not…..
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An Overview of the 2011 San Mateo Real Estate Market Helped by a strong push in late summer and early fall, the number of homes sold in the City of San Mateo in 2011 just eclipsed the 2010 total. There were a total of 595 transactions, as compared to 592 in 2010. It was the…..
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An Overview of the 2011 Hillsborough Real Estate Market Although activity tailed off at the end of the year, there were still 137 single family homes sold in Hillsborough in 2011. This was the most sales in any year since 2005, and represents the third consecutive year of rising sales. Impressively, sales were up at…..
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There were mixed signals in the San Mateo County real estate market in 2011, but overall, there was evidence of further recovery from the depths of 2008 and 2009. One of the strongest signs was the number of transactions. There were 4,633 homes sold in 2011, up 5% from 2010 and 13% from 2009. It…..
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There has not been a lot of recent real estate activity in Ray Park in Burlingame. In the three month period from September to November 2011, there has been only two homes sold. For the year though, sales activity has been up sharply. Through the first eleven months of 2011, there have been 15 homes sold in…..
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There has not been a lot of recent activity in the Burlingame Hills. In the three month period from September to November 2011, there were four homes sold. For the year, sales activity has been down slightly from 2010. Through the first eleven months of 2011, there have been 21 homes sold in the Burlingame Hills,…..
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There has been no recent activity in the small Burlingame neighborhood of Burlingame Village. In fact, the last sale was in May 2011. Year-to-date through November, there have been five single family homes sold, as compared to only two at the same point last year. Low sales activity is a product of low inventory on the market,…..
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Sales activity is way down in the Burlingame neighborhood of Burlingame Terrace. Year-to-date through November, there have been eight homes sold, as compared to 20 homes sold at the same point last year. While sales are way down from 2010, they are right on pace with 2009. 2010 sales activity appears to have been a spike driven by…..
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There were 10 homes sold in November 2011 in the Burlingame neighborhood of Easton Addition. This was only the second time in the last four years that there were double digit sales in a single month in Easton Addition. It was even more atypical because selling activity normally declines as we enter the winter months. Home…..
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There has not been a lot of recent activity in the Burlingame neighborhood of Mills Estates. In the three month period from September to November 2011, there was only one home sold. For the year, sales activity has been moderate. Through the first eleven months of 2011, there have been 18 homes sold in Mills…..
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The real estate market in the Burlingame neighborhood of Burlingame Grove continues to be relatively quiet in 2011, as there have been very few transactions. In the second half of the year, only three homes have sold. Through the first eleven months of the year, there have been seven homes sold in Burlingame Grove, versus 14 through…..
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As a relatively small market (100-150 sales per year), trends are relatively stable month-to-month in Hillsborough. The November 2011 data suggests a continuation of the seller’s market that we have seen recently in Hillsborough. Sales remain steady, though are now at a more normal pace than the high summer activity. There were six sales in November. Sales…..
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Last month, our headline was “Slow Month”. This month, it is “Strong Sales”. The reason is that there were 25 homes sold in Burlingame in November, versus 13 in October. Usually home sales decline as we enter the winter months, however November sales were well above normal activity. However, just as last month’s low sales did not…..
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The inventory of homes for sale remains low in San Mateo. At the end of November 2011, there were 102 homes for sale, which is the lowest at any point since the beginning of 2007. It is a sign that the area is starting to work off the inventory hangover that built up due to…..
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241 Castilian Way in San Mateo went into contract after 13 days on the market, and was listed for $1,799,000. This home has 4 bedrooms and 3 bathrooms in 2,510 square feet, and is on a 6,050, which is typical for the area. Located in the highly desirable Aragon neighborhood, and part of the Baywood School…..
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Through the first ten months of the year there have been 18 homes sold in the Burlingame neighborhood of Burlingables, as compared to 14 homes sold in the same period last year. Unlike most other neighborhoods of Burlingame, there have been more homes listed for sale in Burlingables in 2011, than in 2010. In the…..
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Sales are up sharply in the Burlingame neighborhood of Lyon Hoag. Through the first ten months of the year there have been 25 homes sold, as compared to 10 homes sold in the same period last year. Even when looking at all of 2010, there were only 13 homes sold, the same as in the three…..
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Through the first ten months of the year there have been 15 homes sold in the Burlingame neighborhood of Burlingame Park, as compared to 11 homes sold in the same period last year. The homes that have sold are doing so in a much quicker time than last year. The average days on market measures the the…..
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