Intero's Market Report

Burlingame, CA

Single-Family Homes



Burlingame, CA

Mon May 17 2021
This week the median list price for Burlingame, CA is $2,835,000 with the market action index hovering around 79. This is an increase over last month's market action index of 73. Inventory has decreased to 10. Click here to stay informed with the Burlingame market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Burlingame, CA

Mon May 17 2021
This week the median list price for Burlingame, CA is $2,835,000 with the market action index hovering around 79. This is an increase over last month's market action index of 73. Inventory has decreased to 10. Click here to stay informed with the Burlingame market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Burlingame market.
Median List Price $2,835,000
Median Price of New Listings $2,995,000
Per Square Foot $1,184
Average Days on Market 48
Median Days on Market 25
Price Decreased 10%
Price Increased 10%
Relisted 20%
Inventory 10
Median Rent $6,700
Market Action 79
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$3,997,500 3,047 6,500 - 8,000 sqft 4 5 46 0 0 52
$3,248,500 3,102 6,500 - 8,000 sqft 5 4 42 0 2 7
$2,675,000 2,055 4,500 - 6,500 sqft 4 3 94 1 2 7
$2,050,000 2,060 4,500 - 6,500 sqft 3 2 73 0 2 49