Intero's Market Report

Burlingame, CA

Single-Family Homes



Burlingame, CA

Mon Dec 11 2023
This week the median list price for Burlingame, CA is $3,195,000 with the market action index hovering around 46. This is an increase over last month's market action index of 45. Inventory has decreased to 17. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Burlingame, CA

Mon Dec 11 2023
This week the median list price for Burlingame, CA is $3,195,000 with the market action index hovering around 46. This is an increase over last month's market action index of 45. Inventory has decreased to 17. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Real-Time Market Profile

Never miss important changes in the Burlingame market.
Median List Price $3,195,000
Median Price of New Listings $3,195,000
Per Square Foot $1,280
Average Days on Market 63
Median Days on Market 56
Price Decreased 53%
Price Increased 6%
Relisted 12%
Inventory 17
Median Rent
Market Action 46
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
$5,847,500 4,325 0.25 - 0.5 acre 5 4.5 6 0 0 108
$4,027,444 2,860 8,000 - 10,000 sqft 4 3.5 58 0 1 52
$2,996,500 2,531 6,500 - 8,000 sqft 3 2.3 84 1 1 35
$2,399,999 1,895 4,500 - 6,500 sqft 4 2 94 0 1 56