Search homes for sale in Burlingame, CA with The Sternsmith Group.
The Burlingame housing market remains highly competitive, with homes typically receiving an average of five offers and selling in just 13 days. Last month, the median home sale price in Burlingame reached $3.0 million, reflecting a 4.5% increase compared to the previous year. Additionally, the median price per square foot surged to $1,460, marking an impressive 18.7% year-over-year growth. This rapid appreciation underscores the strong demand and limited inventory in this sought-after market.
Median Sale Price
Median Sale Price per Sq. Ft.
Total Homes Sold
Median Days on Market
In December 2024, home prices in Burlingame rose by 4.5% year-over-year, with the median sale price reaching $3.0 million. The market has become even more competitive, as homes sold in just 13 days on average—significantly faster than the 24-day average from the previous year. Additionally, sales activity saw a slight uptick, with 12 homes sold in December compared to 10 last year. This trend reflects continued strong demand and limited inventory, making Burlingame a highly desirable and fast-moving market.
Burlingame’s housing market is highly competitive, with homes selling in an average of just 13 days. Many properties receive multiple offers, with some buyers waiving contingencies to strengthen their bids. On average, homes sell for approximately 3% above the listing price and go under contract within 13 days. Particularly desirable "hot homes" can sell for as much as 8% above the asking price and go pending in as little as 7 days, highlighting the intense demand in this sought-after community.
In December 2024, Burlingame, CA remained a strong seller’s market, with buyer demand outpacing available inventory. This competitive landscape means homes are selling quickly, often with multiple offers and above asking prices. With limited supply and high interest from buyers, sellers in Burlingame are in a strong position to receive favorable offers and maximize their returns.
Looking to buy a home in Burlingame? Whether you have questions about the market or you're ready to find the perfect property, we're here to help. Our expert team provides personalized guidance and exclusive insights to make your home-buying journey seamless. Get in touch today to explore available listings and take the next step toward owning a home in Burlingame!
Thinking about living in Burlingame? Our in-depth neighborhood guide has everything you need to know! From top-rated schools and local dining to real estate trends and lifestyle amenities, we cover it all. Start exploring now and see why Burlingame is one of the most desirable places to call home!
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