Intero's Market Report

Burlingame, CA

Single-Family Homes



Burlingame, CA

Wed Apr 24 2024
This week the median list price for Burlingame, CA is $3,239,000 with the market action index hovering around 54. This is less than last month's market action index of 61. Inventory has increased to 20. 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

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Burlingame, CA

Wed Apr 24 2024
This week the median list price for Burlingame, CA is $3,239,000 with the market action index hovering around 54. This is less than last month's market action index of 61. Inventory has increased to 20. 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

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Burlingame market.
Median List Price $3,239,000
Median Price of New Listings $1,893,975
Per Square Foot $1,388
Average Days on Market 79
Median Days on Market 28
Price Decreased 10%
Price Increased 5%
Relisted 5%
Inventory 20
Median Rent
Market Action 54
Strong Seller's Market

This week saw relatively little price change from last week. However, prices continue demonstrate a nice up trend in general over the last several weeks.

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
$5,425,000 3,296 0.25 - 0.5 acre 4 3.5 15 0 0 49
$3,995,000 2,710 6,500 - 8,000 sqft 4 3.5 74 0 0 28
$2,888,000 2,535 4,500 - 6,500 sqft 4 3 97 1 1 7
$1,788,000 1,130 4,500 - 6,500 sqft 3 1 104 3 2 0