Burlingame Point: Largest Peninsula Development Breaks Ground

February 14, 2017

It’s official! Ground breaking happened yesterday, February 13, at Burlingame Point, the largest development project in the San Francisco Peninsula. A wonderful article by The Registry reports that this modern corporate campus, focusing on science and technology, will boost innovation in the Peninsula. The site is at 300 Airport Boulevard, Burlingame just north of Coyote Point and Peninsula Avenue on the east side of Highway 101. From what I see on the website, www.burlingamepoint.com, there is no housing planned there, just office space and hotel plus fitness center, day care, etc.

Burlingame Point, 300 Airport Boulevard, Burlingame, CA. Image courtesy of Doug & Wolf.

Burlingame Point rendering (image courtesy of Doug & Wolf).

Located at 300 Airport Boulevard, Burlingame, CA (map data ©2017 Google).

Burlingame Point Property Highlights: (taken from burlingamepoint.com

  • 767,000± SF Class A Office/R&D campus on 18.13 acres
  • World class destination
  • Best in market quality aligning with durable design, timeless style, and a highly sustainable campus
  • Close to downtown Burlingame, SFO, BART and Caltrain
  • Minutes from Highway 101 and Interstate 92
  • Amenities that include fitness center, hotels, day care, etc.
  • On-site parking structure
  • Dedicated shuttle service to Caltrain and BART
  • Unobstructed panoramic views of San Francisco Bay, San Francisco, and mountains

More information about the development can be found at the Burlingame Point website, so make sure to check it out!

A project that’s this grand in scale will certainly affect our local real estate market.  Contact me if you’d like to know more about what this means for Burlingame and let’s talk.  

Hillsborough CA Real Estate Trends in 2016 & A Look at 2017

January 29, 2017

Hillsborough, California Real Estate at a Glance

  • Average price up 1% from 2015
  • Median price down 7% from 2015
  • 27% sold for more than original list price
  • On average, homes sold for 97% of list price
  • Half sold in 19 days or less
  • Average days on market was 44
  • Number of sales down 7% from 122 to 113
  • 15 homes sold for more than $6 million

A Look Back at 2016

Hillsborough reached another record high average price in 2016 with a 1% increase to $4,474,333. Since the economic downturn, Hillsborough home prices have increased 70% from the low in 2011. The median price (half of the homes sold below this price and half sold above) was down yet still reached $3,900,000. There were 4 sales in excess of $10 million (compared to none in 2015) and there continued to be no sales for less than $2 million.

Demand was clearly strong with 27% of the homes selling for more than list price and 50% selling in 19 days or less. Some homes though, 16%, required a price reduction prior to selling.

The price per square foot also reached a record high at $1,050. This represents a 54% increase since the low in 2010 following the recession.

Outlook for 2017 in Hillsborough, California

2017 is a year of change with a new administration and interest rates already rising. It is too early to tell how this will impact our real estate market. The financial markets continue to rise, which bodes well for our real estate market and the few number of homes available for sale favors sellers. Getting your home on the market now before the typical spring market heats up is key in taking advantage of this record-breaking market.

There are currently just 17 homes for sale in Hillsborough and 8 of these have been on the market for 6 months or more. With proper preparation of your home and outstanding marketing, including social media, your home should sell very quickly.

If you are interviewing Realtors, please contact me.  My sellers in Hillsborough have all received top dollar very quickly. To get my full report, contact me. 

Registration for the 2016-17 Elementary School Year is Soon. Are you Ready?

January 24, 2017

IT’S ALMOST TIME FOR REGISTRATION FOR THE 2016-17 ELEMENTARY SCHOOL YEAR IN BURLINGAME; ARE YOU READY?

Learn about:Burlingame elementary school registration 2016-17 school year

District-wide and school-specific issues
Transitional Kindergarten and Kindergarten Registration 
Spanish Elementary Immersion Program
Technology in the classrooms
District funding
Opportunities for parent involvement, and more! 

This event is open to the public so bring your spouses and neighbors! This panel is especially helpful for incoming Kindergarten or Transitional Kindergarten parents. However, the topics are also applicable for new Burlingame residents who plan to send their children to public school as well as parents of children currently enrolled. It is the only time all year this knowledgeable group of school district staff and community members assembles to address our community! Adults only please.

 

Event Details & RSVP
———————-
What: Annual Burlingame Elementary School District Information Night
Who: Burlingame Mothers’ Club
When: Thu Jan 26, 2017, 7-9 pm PST
Where: Burlingame Recreation Center
850 Burlingame Ave. Burlingame, CA 94010

RSVP: http://www.bigtent.com/home/calendar/event/99873601

Schools participating in the registration can be found here:

Organization City
Little Hands Belmont
Carlmont Parents Nursery School Belmont
St Paul’s Nursery School Burlingame
Little Laughs Early Learning Program Burlingame
Burlingame Montessori Burlingame
UMC Cooperative Nursery School Burlingame
First Presbyterian Church Preschool Burlingame
Trinity Lutheran Preschool Burlingame
Busy Doodle Bugs Early Learning Program Burlingame
A Child’s Way Burlingame
Palcare Burlingame
Mi Escuelita en Español Daly City
Peninsula Jewish Community Center Foster City
Hillsborough Preschools Hillsborough
The Nueva School Hillsborough
Alto International School Menlo Park
Glen Oaks Montessori Millbrae
Woodland School Portola Valley
Weingarten Children’s Center Redwood City
Community Gatepath Redwood City
Family Connections Redwood City
Stratford School San Bruno
Welcome Amigos San Mateo
A+ Immersion Preschool San Mateo
St. Matthews Day School San Mateo
Pacific Rim International School San Mateo
Bayview Montessori San Mateo
Kinder Academy Montessori San Mateo
Gazelle Creative Learning School San Mateo
Papillon Preschool managed by Bright Horizons San Mateo
Bright Beginnings Montessori Preschool San Mateo
Sonrisas Spanish Immersion Program San Mateo
Little Wonders San Mateo
Mon Petit Village French Preschool San Mateo
City of San Mateo San Mateo
Bunker Hill Parent Participation Nursery School San Mateo
San Mateo Parents’ Nursery School San Mateo
Let’s Play in Spanish Preschool South SF
TinyTreks Woodside
Read More

Kid’s Events on the Peninsula

January 23, 2017

There are some great events happening now through February 4 for kids of all ages, including Lunar New Year celebrations. Check these out and check back here often for more updates. Enjoy!

Jan. 26 – Walkin’ Tots, 10:15am & 11:15am each Wednesday at San Mateo Main Library, Book Bubble area. Stories, songs, and rhymes for walkers 12-24 months accompanied by a participating adult.

Jan. 26 – Feb. 12 – The Three Little Pigs, various times at Palo Alto Children’s Theater Main Stage. From Stiles and Drewe, the award winning musical team behind Honk and Broadway’s Mary Poppins, comes a very curly musical tail with smart things to say about home and family. $10-$14.

Jan. 29 – Lunar New Year Celebration, 10:30am-4pm at Asian Art Museum in SF. Storytelling (ages 3-7), dance performances, Lunar New Year stories, hands on activities. Cost of admission to museum.

Jan. 30 – Lunar New Year Storytime, 6:30-7:00 PM at San Bruno Library in San Bruno. Celebrate Lunar New Year with books, crafts, and light refreshments.  Fun for all ages!

Feb. 3 – Registration for CuriOdyssey Summer Camps opens for members, 9pm at link below. http://curiodyssey.org/activities/summer-camps/  for summer programs for various age groups (3-4 yr olds, entering Kindergarten, etc).

Feb. 4 – Give Animals a Second Chance Day at CuriOdyssey, 10am-3pm at 1651 Coyote Point Dr in San Mateo. Adopt a pet from 11 local animal rescue organizations.  Free admission. 

The 5 most expensive home sales in Hillsborough in 2016

January 19, 2017

Here are the 5 most expensive homes sold in Hillsborough, CA in 2016. List prices ranged from $8,695,000 to $15,899,000. My annual real estate report for Hillsborough will be coming out soon with all the details and Hillsborough real estate trends. 

 

Top 5 Hillsborough home sales 2016

Top 5 Hillsborough, CA home sales 2016

109 De Sabla, Hillsborough | List: $8,695,000  Sale: Withheld

Top 5 Hill

Top 5 Hillsborough, CA home sales 2016

225 Robin Road, Hillsborough | List: $10,950,000 Sale: Withheld

forest-view-ave

Top 5 Hillsborough, CA home sales 2016

2241 Forest View Avenue, Hillsborough | List: $13,500,000 Sale:$12,500,000

Top 5 Hillsborough home sales 2016

Top 5 Hillsborough, CA home sales 2016

711 Eucalyptus Avenue, Hillsborough | List: $13,800,000 Sale: $12,700,000

Top 5 Hillsborough home sales 2016

Top 5 Hillsborough, CA home sales 2016

899 Sharon Avenue, Hillsborough | List: $15,899,000 Sale: $13,150,000