The Wilkas Group » Burlingame California

Burlingame CA’s 2011 Market Report

lenorewilkas — Tue, 10 Jan 2012 12:26:59 +0000

We just had a discussion with an old friend asking how bad the local real estate market was in 2011 and she was absolutely blown away when we said Burlingame’s 2011 market was vibrant. She doesn’t live in San Mateo County but in another area of California that has seen great decreases in housing value so she was really amazed to hear us tell her that. Yes, Burlingame rebounded in 2011.

There were 221 closed sales of single family homes in 2011 with an average of 51 days on the market. For those of you who don’t know what that means, it is the time it takes from the listing to the close of the escrow and recording of the new owner with the county.

The average price was $1,257,035 and the median price was $1,196,000.
The largest number of homes sold was in the $1,200,000 to $1,300,000 price range, with 25 sold.
Then 19 were sold between $1,100,000 to $1,200,000
There were 18 sold between $1,400,000-$1,500,000 and 18 sold over $2,000,000. The top end of the market was selling very well in 2011.
The sale prices were averaging between 96% at the list price and 98% of sold price.

The condo market is Burlingame isn’t a huge one compared to the other communities around us but there were 31 closed sales of condos in 2011 with an average of 77 days on the market.

The average price was $616,461 and the median price was $535,000.
The majority of these sales was between $475,000 and $600,000 with 12 sold.
Luxury condos do sit in Burlingame and there were 3 sold above $950,000.
The sale price was averaging between 94% at the list price and 97% of sold price

So, what does it mean when there are two sales prices listed? The list price is the original price that a listing comes to market, and homes were selling between 94-96% at that price, which isn’t shabby. If there was a price reduction, the second number is the percentage of homes selling at that price. 97-98% of all of the properties with price reductions sold at the reduced price. This means demand is strong in Burlingame for real estate and prices are holding.

The old saying is if you want to live here you’ll pay the price, is holding true. Burlingame has great schools, weather and location. Let us know how we can help you find your dream home by calling us now.

Here are some current Burlingame houses for sale.

Showing properties 1 - 5 of 34. See more city of Burlingame real estate.
(all data current as of 2/9/2012)

$879,000 : 209 Channing Rd, Burlingame

2 beds, 1 full bath

Home size: 1,620 sq ft

Lot size: 5,750 sq ft

Year built: 1928
$1,295,000 : 1138 Douglas Av, Burlingame

3 beds, 2 full baths

Home size: 1,500 sq ft

Lot size: 5,544 sq ft

Year built: 1914
$2,550,000 : 3066 Hillside Dr, Burlingame

4 beds, 4 full baths

Home size: 4,107 sq ft

Lot size: 10,640 sq ft

Year built: 2008
$1,595,000 : 2673 Martinez Dr, Burlingame

4 beds, 3 full baths

Home size: 2,100 sq ft

Lot size: 11,650 sq ft

Year built: 1958
$799,000 : 418 Dwight Rd, Burlingame

2 beds, 1 full bath

Home size: 1,140 sq ft

Lot size: 5,000 sq ft

Year built: 1949

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Here are some current Burlingame condos for sale.

Showing properties 1 - 5 of 10. See more city of Burlingame real estate.
(all data current as of 2/9/2012)

$599,000 : 30 Lorton Av #205, Burlingame

2 beds, 2 full baths

Home size: 1,258 sq ft

Year built: 1986
$499,000 : 1532 Floribunda Av #3, Burlingame

2 beds, 2 full baths

Home size: 1,190 sq ft

Year built: 1993
$578,000 : 1110 Bayswater Av #105, Burlingame

2 beds, 2 full baths

Home size: 1,245 sq ft

Year built: 1983
$579,000 : 1435 Bellevue Av #104, Burlingame

2 beds, 2 full baths

Home size: 1,440 sq ft

Year built: 1979
$439,000 : 1515 Floribunda Av #304, Burlingame

1 bed, 1 full bath

Home size: 935 sq ft

Year built: 1977

Listing information deemed reliable but not guaranteed. Read full disclaimer.

5 Tips for Fall Home Maintenance: Burlingame CA

lenorewilkas — Sun, 30 Oct 2011 21:20:11 +0000

When Halloween comes it’s time to check your home for fall maintenance ’cause winter’s on its way . Taking the time to fix things when they’re small issues saves big bucks later on. Here of 5 of the easiest things to do:

1. Change your battery in the smoke detector and while you’re at it, but the new carbon monoxide monitor that California has made mandatory in all homes. Home Depot has them at very reasonable prices. We use heat during the winter and our heat is gas generated. Need I say more?

2. Change furnace filters and buy extras to have so you can change the filter in 3 months. PG&E can come and check your furnace to make sure it’s operating correctly and they do it for free.

3. Clean gutters of leaves now and again once most of the trees have seen their leaves fall off. Yes, we do live in an area where some leaves seem to hang on forever but it needs to be done. If you can’t reach your gutters hire someone to do this. It will prevent issues later on if you do this.

4. If you live in a house, now’s the time to walk around it and look at every window closely. Is the caulking still good around the sash? If not, learn how to caulk your windows. A little prevention now will save you from big expenses once the rains come and rain enters the walls inside your home. That can cause wet rot, dry rot and floors getting permanently damaged. Then you have big expenses fixing all of that

5. While you have the caulk gun in your hand, change the tube of caulk and caulk your tub and shower to keep them water tight and the tile surround secure. This little job will keep you from problems later on in the bathroom.

That’s it. Five little jobs that can keep your home running warm and dry this winter.

Here’s what’s for sale in Burlingame right now.

Showing properties 1 - 16 of 16. See more city of Burlingame real estate.
(all data current as of 2/9/2012)

$879,000 : 209 Channing Rd, Burlingame

2 beds, 1 full bath

Home size: 1,620 sq ft

Lot size: 5,750 sq ft
$1,295,000 : 1138 Douglas Av, Burlingame

3 beds, 2 full baths

Home size: 1,500 sq ft

Lot size: 5,544 sq ft
$799,000 : 418 Dwight Rd, Burlingame

2 beds, 1 full bath

Home size: 1,140 sq ft

Lot size: 5,000 sq ft
$999,950 : 1248 Capuchino Av, Burlingame

3 beds, 3 full baths

Home size: 1,897 sq ft

Lot size: 6,000 sq ft
$1,295,000 : 1512 Ralston Av, Burlingame

3 beds, 1 full, 1 part baths

Home size: 1,990 sq ft

Lot size: 7,896 sq ft
$1,199,000 : 1785 Hunt Dr, Burlingame

4 beds, 3 full baths

Home size: 2,200 sq ft

Lot size: 10,730 sq ft
$699,000 : 1532 Barroilhet Av, Burlingame

2 beds, 1 full bath

Home size: 1,000 sq ft

Lot size: 3,100 sq ft
$1,458,000 : 1551 Los Montes Dr, Burlingame

3 beds, 2 full baths

Home size: 2,800 sq ft

Lot size: 8,052 sq ft
$1,158,888 : 1500 Alturas Dr, Burlingame

3 beds, 2 full baths

Home size: 1,590 sq ft

Lot size: 9,000 sq ft
$1,358,000 : 2928 Hillside Dr, Burlingame

3 beds, 2 full, 1 part baths

Home size: 1,825 sq ft

Lot size: 6,900 sq ft
$618,888 : 1493 Oak Grove Av, Burlingame

2 beds, 1 full bath

Home size: 1,190 sq ft

Lot size: 4,280 sq ft
$733,000 : 1491 Oak Grove Av, Burlingame

2 beds, 2 full baths

Home size: 1,300 sq ft

Lot size: 4,360 sq ft
$775,000 : 1100 Oxford Rd, Burlingame

2 beds, 2 full baths

Home size: 970 sq ft

Lot size: 4,819 sq ft
$639,000 : 104 Peninsula Av, Burlingame

4 beds, 3 full baths

Home size: 2,030 sq ft

Lot size: 5,136 sq ft
$1,299,000 : 1530 La Mesa Dr, Burlingame

3 beds, 2 full baths

Home size: 1,640 sq ft

Lot size: 12,829 sq ft
$840,000 : 260 Crescent Av, Burlingame

3 beds, 2 full, 1 part baths

Home size: 2,240 sq ft

Lot size: 2,862 sq ft

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Market Report 9.16.11 – Burlingame

lenorewilkas — Fri, 16 Sep 2011 17:30:49 +0000

Here’s a quick snapshot of the Burlingame market for this week.

And, here are Burlingame homes for sale. If you see anything here that you’d like to see in person, please give us a call at 650-696-2820 or click the contact us link and we’ll respond.

Showing properties 1 - 30 of 34. See more city of Burlingame real estate.
(all data current as of 2/9/2012)

$879,000 : 209 Channing Rd, Burlingame

2 beds, 1 full bath

Home size: 1,620 sq ft

Lot size: 5,750 sq ft
$1,295,000 : 1138 Douglas Av, Burlingame

3 beds, 2 full baths

Home size: 1,500 sq ft

Lot size: 5,544 sq ft
$2,550,000 : 3066 Hillside Dr, Burlingame

4 beds, 4 full baths

Home size: 4,107 sq ft

Lot size: 10,640 sq ft
$1,595,000 : 2673 Martinez Dr, Burlingame

4 beds, 3 full baths

Home size: 2,100 sq ft

Lot size: 11,650 sq ft
$799,000 : 418 Dwight Rd, Burlingame

2 beds, 1 full bath

Home size: 1,140 sq ft

Lot size: 5,000 sq ft
$999,950 : 1248 Capuchino Av, Burlingame

3 beds, 3 full baths

Home size: 1,897 sq ft

Lot size: 6,000 sq ft
$1,295,000 : 1512 Ralston Av, Burlingame

3 beds, 1 full, 1 part baths

Home size: 1,990 sq ft

Lot size: 7,896 sq ft
$2,120,000 : 1506 Vancouver Av, Burlingame

5 beds, 4 full, 1 part baths

Home size: 3,000 sq ft

Lot size: 6,000 sq ft
$1,199,000 : 1785 Hunt Dr, Burlingame

4 beds, 3 full baths

Home size: 2,200 sq ft

Lot size: 10,730 sq ft
$1,995,000 : 1612 Ralston Av, Burlingame

4 beds, 3 full baths

Home size: 2,803 sq ft

Lot size: 8,050 sq ft
$699,000 : 1532 Barroilhet Av, Burlingame

2 beds, 1 full bath

Home size: 1,000 sq ft

Lot size: 3,100 sq ft
$1,675,000 : 1407 Montero Av, Burlingame

4 beds, 3 full baths

Home size: 2,615 sq ft

Lot size: 6,100 sq ft
$1,458,000 : 1551 Los Montes Dr, Burlingame

3 beds, 2 full baths

Home size: 2,800 sq ft

Lot size: 8,052 sq ft
$1,158,888 : 1500 Alturas Dr, Burlingame

3 beds, 2 full baths

Home size: 1,590 sq ft

Lot size: 9,000 sq ft
$1,358,000 : 2928 Hillside Dr, Burlingame

3 beds, 2 full, 1 part baths

Home size: 1,825 sq ft

Lot size: 6,900 sq ft
$2,800,000 : 16 Davis Ct, Burlingame

5 beds, 4 full baths

Home size: 5,000 sq ft

Lot size: 31,000 sq ft
$1,949,000 : 10 Tiptoe Ln, Burlingame

5 beds, 3 full baths

Home size: 3,260 sq ft

Lot size: 25,375 sq ft
$2,575,000 : 1116 Drake Av, Burlingame

5 beds, 4 full, 1 part baths

Home size: 3,065 sq ft

Lot size: 7,560 sq ft
$618,888 : 1493 Oak Grove Av, Burlingame

2 beds, 1 full bath

Home size: 1,190 sq ft

Lot size: 4,280 sq ft
$733,000 : 1491 Oak Grove Av, Burlingame

2 beds, 2 full baths

Home size: 1,300 sq ft

Lot size: 4,360 sq ft
$2,850,000 : 3004 Hillside Dr, Burlingame

5 beds, 4 full, 1 part baths

Home size: 4,500 sq ft

Lot size: 11,250 sq ft
$1,595,000 : 1361 Vancouver Av, Burlingame

4 beds, 3 full baths

Home size: 1,830 sq ft

Lot size: 6,000 sq ft
$1,778,000 : 2417 Hale Dr, Burlingame

4 beds, 3 full, 1 part baths

Home size: 2,640 sq ft

Lot size: 4,950 sq ft
$1,899,000 : 1465 Drake Av, Burlingame

4 beds, 4 full baths

Home size: 2,718 sq ft

Lot size: 6,000 sq ft
$775,000 : 1100 Oxford Rd, Burlingame

2 beds, 2 full baths

Home size: 970 sq ft

Lot size: 4,819 sq ft
$3,499,943 : 5 La Strada Ct, Burlingame

6 beds, 4 full, 1 part baths

Home size: 6,325 sq ft

Lot size: 11,778 sq ft
$639,000 : 104 Peninsula Av, Burlingame

4 beds, 3 full baths

Home size: 2,030 sq ft

Lot size: 5,136 sq ft
$1,895,000 : 165 Tiptoe Ln, Burlingame

4 beds, 3 full baths

Home size: 3,880 sq ft

Lot size: 14,747 sq ft
$1,299,000 : 1530 La Mesa Dr, Burlingame

3 beds, 2 full baths

Home size: 1,640 sq ft

Lot size: 12,829 sq ft
$2,195,000 : 23 Tiara Ct, Burlingame

5 beds, 5 full, 1 part baths

Home size: 3,940 sq ft

Lot size: 12,911 sq ft

Listing information deemed reliable but not guaranteed. Read full disclaimer.

A New Listing in Burlingame CA: 1612 Ralston Avenue

lenorewilkas — Thu, 01 Sep 2011 16:05:37 +0000

A new listing is always something to talk about and we’re no exception in wanting to tell you about this one. Burlingame California is a community sought after by families for many reasons. Weather. Schools. Location. Community. Charm. This home is full of charm, and situated in the best Burlingame location possible. It’s on a flat lot about two blocks from downtown, making it an easy stroll down to “The Avenue” for coffee, dining, shopping or just taking a walk.

Presenting 1612 Ralston Avenue. Located in the best neighborhood in Burlingame (in my opinion although I’m sure there will be a fight about that from Easton Edition residents) because it is walking distance to downtown, the train, and Burlingame High School. This home’s elementary school is McKinley School, and McKinley offers an exciting program no other Burlingame elementary school offers and that’s a Spanish emersion program.

We’ve all found ourselves in a house at one time or another that draws you in with it’s ambience and this is one of those special homes. This wonderful family home originally was a 1921 bungalow and has been added on to and remodeled into a twenty first century home with heart and soul. Four Bedrooms, three baths, large formal living room and dining room plus a great room with a cook’s kitchen large enough for more than one cook, an attached family dining area and large family room. This room features French Doors out to the slate patio in the back of the lot.This is the perfect home for someone down sizing. This is a perfect family home, whether your children are young or school aged. The way this home is laid out everyone has their own space as well the family space.

Shown by appointment only we are happy to show it to you but you must contact us yourself or have your agent give us a call. Burlingame offers perfect weather. Great schools. Easy commutes to the City, South City if you’re in the biotech industry, or Silicon Valley. You’re a hop skip and jump to SFO for travel. Don’t like driving? Take CalTrain to work. If you aren’t happy with the schools your children have now, look no further than Burlingame.

We're sorry, but we couldn't find MLS # 81137129 in our database. This property may be a new listing or possibly taken off the market. Please check back again.

We’re Moving! Now What? Burlingame CA

lenorewilkas — Fri, 15 Jul 2011 16:33:27 +0000

Congratulations on the purchase of your new home! Now, for the next challenge: moving. I’ve talked about how to go through all of your “stuff” and pare things down over the years so do a search for my tips. Hold that last Garage Sale for your final clearance and sell, sell, sell everything.

Next comes your move. Are you packing yourself or are the professionals doing it for you? If you’re doing it yourself, the following is a list of materials you’ll need. Moving companies and overnight mail businesses can furnish these, as well as specialized items including wardrobe boxes for clothing and heavy-duty boxes for china and other breakables. Liquor and computer stores also are good sources for sturdy boxes. Craigslist is a great resource for moving boxes, too.

Start collecting the following materials:

Boxes of all sizes
Plastic bags
Non-shredded newspapers
Packing tape
Markers
Bubble wrap
Tissues paper
Industrial Shrink Wrap

A few guidelines on How to Pack:

Cushion the bottom and sides of boxes first
Packed items should not exceed 30 pounds
When packing, go room by room it will make unpacking easier
Begin your packing as early in the
moving process as you can it will take longer than you think at a time
when you’ll be busy with many other concerns
Label all boxes by item and where in your new home they should be placed
Pack heavy items in smaller boxes and lighter items in larger boxes
Thoroughly wrap your breakables in
newsprint paper, paper towels or clothing, placing them in dresser
drawers, containers with lids, large cans, etc.
Fill your refrigerator and washer and dryer with clothes, linens and other light objects
Tape cords underneath all electrical appliances
Don’t tape furniture, doors and
drawers, as tape can cause damage; instead, use rope, elastic or long
strips of fabric to secure furniture
If you have children, let them feel they are a part of the process by helping them pack their toys

Finally, it’s moving day…

Fill one box with moving-day essentials like paper plates, a coffee maker and coffee, hand tools and extension cords, a bucket, rags, soaps and paper towels. You may also want to set aside a few days’ worth of clothing, food and other essentials you’ll need prior to arriving at your new home and prior to unpacking. Make sure there is a big, bright label telling the movers to Load Last and Unload First on it. Hopefully they will. Off will come all of your essentials for easy access in your new home.

Here’s what’s for sale in Burlingame right now:

Showing properties 1 - 30 of 34. See more city of Burlingame real estate.
(all data current as of 2/9/2012)

$879,000 : 209 Channing Rd, Burlingame

2 beds, 1 full bath

Home size: 1,620 sq ft

Lot size: 5,750 sq ft
$1,295,000 : 1138 Douglas Av, Burlingame

3 beds, 2 full baths

Home size: 1,500 sq ft

Lot size: 5,544 sq ft
$2,550,000 : 3066 Hillside Dr, Burlingame

4 beds, 4 full baths

Home size: 4,107 sq ft

Lot size: 10,640 sq ft
$1,595,000 : 2673 Martinez Dr, Burlingame

4 beds, 3 full baths

Home size: 2,100 sq ft

Lot size: 11,650 sq ft
$799,000 : 418 Dwight Rd, Burlingame

2 beds, 1 full bath

Home size: 1,140 sq ft

Lot size: 5,000 sq ft
$999,950 : 1248 Capuchino Av, Burlingame

3 beds, 3 full baths

Home size: 1,897 sq ft

Lot size: 6,000 sq ft
$1,295,000 : 1512 Ralston Av, Burlingame

3 beds, 1 full, 1 part baths

Home size: 1,990 sq ft

Lot size: 7,896 sq ft
$2,120,000 : 1506 Vancouver Av, Burlingame

5 beds, 4 full, 1 part baths

Home size: 3,000 sq ft

Lot size: 6,000 sq ft
$1,199,000 : 1785 Hunt Dr, Burlingame

4 beds, 3 full baths

Home size: 2,200 sq ft

Lot size: 10,730 sq ft
$1,995,000 : 1612 Ralston Av, Burlingame

4 beds, 3 full baths

Home size: 2,803 sq ft

Lot size: 8,050 sq ft
$699,000 : 1532 Barroilhet Av, Burlingame

2 beds, 1 full bath

Home size: 1,000 sq ft

Lot size: 3,100 sq ft
$1,675,000 : 1407 Montero Av, Burlingame

4 beds, 3 full baths

Home size: 2,615 sq ft

Lot size: 6,100 sq ft
$1,458,000 : 1551 Los Montes Dr, Burlingame

3 beds, 2 full baths

Home size: 2,800 sq ft

Lot size: 8,052 sq ft
$1,158,888 : 1500 Alturas Dr, Burlingame

3 beds, 2 full baths

Home size: 1,590 sq ft

Lot size: 9,000 sq ft
$1,358,000 : 2928 Hillside Dr, Burlingame

3 beds, 2 full, 1 part baths

Home size: 1,825 sq ft

Lot size: 6,900 sq ft
$2,800,000 : 16 Davis Ct, Burlingame

5 beds, 4 full baths

Home size: 5,000 sq ft

Lot size: 31,000 sq ft
$1,949,000 : 10 Tiptoe Ln, Burlingame

5 beds, 3 full baths

Home size: 3,260 sq ft

Lot size: 25,375 sq ft
$2,575,000 : 1116 Drake Av, Burlingame

5 beds, 4 full, 1 part baths

Home size: 3,065 sq ft

Lot size: 7,560 sq ft
$618,888 : 1493 Oak Grove Av, Burlingame

2 beds, 1 full bath

Home size: 1,190 sq ft

Lot size: 4,280 sq ft
$733,000 : 1491 Oak Grove Av, Burlingame

2 beds, 2 full baths

Home size: 1,300 sq ft

Lot size: 4,360 sq ft
$2,850,000 : 3004 Hillside Dr, Burlingame

5 beds, 4 full, 1 part baths

Home size: 4,500 sq ft

Lot size: 11,250 sq ft
$1,595,000 : 1361 Vancouver Av, Burlingame

4 beds, 3 full baths

Home size: 1,830 sq ft

Lot size: 6,000 sq ft
$1,778,000 : 2417 Hale Dr, Burlingame

4 beds, 3 full, 1 part baths

Home size: 2,640 sq ft

Lot size: 4,950 sq ft
$1,899,000 : 1465 Drake Av, Burlingame

4 beds, 4 full baths

Home size: 2,718 sq ft

Lot size: 6,000 sq ft
$775,000 : 1100 Oxford Rd, Burlingame

2 beds, 2 full baths

Home size: 970 sq ft

Lot size: 4,819 sq ft
$3,499,943 : 5 La Strada Ct, Burlingame

6 beds, 4 full, 1 part baths

Home size: 6,325 sq ft

Lot size: 11,778 sq ft
$639,000 : 104 Peninsula Av, Burlingame

4 beds, 3 full baths

Home size: 2,030 sq ft

Lot size: 5,136 sq ft
$1,895,000 : 165 Tiptoe Ln, Burlingame

4 beds, 3 full baths

Home size: 3,880 sq ft

Lot size: 14,747 sq ft
$1,299,000 : 1530 La Mesa Dr, Burlingame

3 beds, 2 full baths

Home size: 1,640 sq ft

Lot size: 12,829 sq ft
$2,195,000 : 23 Tiara Ct, Burlingame

5 beds, 5 full, 1 part baths

Home size: 3,940 sq ft

Lot size: 12,911 sq ft

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Sunday is the 8th Annual Burlingame Criterium

lenorewilkas — Fri, 24 Jun 2011 16:51:51 +0000

If you’ve never seen a serious bicycle race in person, this Sunday will be your chance to see one up close and personal when the annual Burlingame Criterium race takes place in downtown Burlingame. These racers are serious as they whiz by in high speed making fast turns around the track. Incorporated in the Criterium is the 8th Annual Ryan Phua Memorial Kids Ride for children 12 and under to race on the same course the adults will use. There is no charge for children to race but parents are being asked to make a donation to the Ryan Phua Memorial Fund which has been established through the Lance Armstrong Foundation, to fund cancer related programs in the Bay Area.

A Criterium is a closed bicycle race, generally less than 5K in length that leads to large groups of riders making tight turns and often seeing mishaps while doing so. These races are timed making them very interesting to watch. Downtown Burlingame offers just the right kind of site for this race and it’s really exciting to watch.

The races begin at 7 AM for the Elite 4 men, then on to the Elite 4 women at 7:50 AM. The last race concludes at 1:30 PM. The kids race is at 10:20 AM and lasts an hour. This is serious racing, folks. There are cash prizes for all except the children where they receive ribbons and there is no cost for their entry. It’s too late to enter in advance but you can register the morning of the race beginning at 6 AM, and up to 20 minutes prior to each race.

This race has been around for a long time and attracts a large number of people watching it. Parking is always difficult in downtown Burlingame, so you if plan on coming, check out the map below for ideas of where to park and be prepared to walk a few blocks. The race track will be closed to pedestrian crossing unless there is a race Marshall there to assist people when and where to cross. These cyclists are moving fast and we don’t want to see injuries take place because of careless people. Listen to the directions you are given by the Marshall working the track and follow them. You will have an exciting day of bicycle racing to see and it’s expected to be a picture perfect day for it, too.

Keep your parking south of Howard or north of Bellview and you should be fine. If you’re planning on coming down for breakfast and then watching, be sure to expect longer than usual lines at the many breakfast places downtown. The weather is anticipated to be warm so it should be perfect viewing weather for everyone.

Burlingame Market Report for May 2011

lenorewilkas — Sun, 05 Jun 2011 16:30:39 +0000

You’re looking at a snapshot of the real estate market for Burlingame California from last week. This is as close to real time as one an get. Forget what you hear on the news. Forget what you read in the papers about the Case-Shiller report. This is the real skinny of what’s happening locally. The other things you’re hearing are like painting a picture with a broad brush and wiping out every detail the eye can see. Burlingame, Hillsborough, San Mateo and Foster City are the cities I write about and sell real estate within and know. Case-Shiller knows nothing about our market so they talk about the Bay Area without understanding the macro version. Each community is unique within San Mateo County and our communities are not distressed. We see very few short sales and bank owned properties in Burlingame.

Look at this chart for Burlingame single family homes. Trends for last week were down from the week before, but trends move up and down weekly. Real estate is not a static medium and when there are only a few homes for sale within a market it’s impossible not to see swings up and down with just the sale of one property, depending on its price. Remember there are 7739 homes in Burlingame.

Now let’s see the monthly Burlingame market data to compare the market., We are seeing more homes pending sale, which is good. People are out shopping for new homes and taking out loans, and making life decisions.

We are seeing incredible lending values. Historically low interest rates, in face, that can’t possibly stay like this very much longer. What happens when the Fed finally raises interest? Your affordability will diminish, that’s what will happen. Today you might be able to afford a home for $1.5 million at 4% interest but what happens when interest rises to 5%? Your affordability will drop and you might not be able to buy into Burlingame.

We are happy to show you these things in detail so you can make an intelligent decision about buying a new home. Real estate is not an investment like stocks and bonds are, it’s a property that allows you to put down roots into a community and grow a family. It allows you to have a sense of security and ownership. It’s really important that you stop thinking about a home being your piggy bank, because it isn’t and should never become one. We want to see some appreciation of the purchase of a home so you can leverage it into a larger home down the road, but the days of insane increase of value are long gone. Appreciation is going to be about 3% a year so you will want to stay in your home for 5 or more years in order to leverage it to another one. That’s the way your parents thought about buying a home, that’s the way I thought about buying a home and now you must think that way too.

In our corner of the Peninsula it is not cheaper to rent, if you can find a decent rental. It is cheaper to buy and take the tax advantages that home ownership offer you. We don’t have enough rental property to fill the needs here, so don’t think that’s your answer because it’s not. Don’t sit on the fence waiting of prices to drop because even if they do, even a little bit, when interest rates go up you will end up paying considerably more for the same house at a lower price with higher payments and will have lost the months of deductions you could have taken for taxes while sitting on that fence. Buying a home is a long-term purchase not something you buy and flip. Think of it this way and you’ll want to own. Think of it any other way and in the long run you’ll be the loser.

Here’s what’s currently for sale in Burlingame homes.

Showing properties 1 - 5 of 6. See more city of Burlingame real estate.
(all data current as of 2/9/2012)

$1,250,000 : 1144 Capuchino Av, Burlingame

0 beds, 0 baths

Home size: 4,696 sq ft

Lot size: 5,750 sq ft
$924,900 : 421 California Dr, Burlingame

0 beds, 0 baths

Lot size: 4,080 sq ft
$1,580,000 : 865 California Dr, Burlingame

0 beds, 0 baths

Home size: 4,600 sq ft

Lot size: 6,156 sq ft
$1,380,000 : 857 California Dr, Burlingame

0 beds, 0 baths

Home size: 3,300 sq ft

Lot size: 7,855 sq ft
$1,395,000 : 1324 El Camino Real, Burlingame

0 beds, 0 baths

Home size: 5,490 sq ft

Lot size: 6,950 sq ft

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Here’s what’s currently for sale in Burlingame condo and townhouses.

Showing properties 1 - 5 of 11. See more city of Burlingame real estate.
(all data current as of 2/9/2012)

$599,000 : 30 Lorton Av #205, Burlingame

2 beds, 2 full baths

Home size: 1,258 sq ft
$499,000 : 1532 Floribunda Av #3, Burlingame

2 beds, 2 full baths

Home size: 1,190 sq ft
$578,000 : 1110 Bayswater Av #105, Burlingame

2 beds, 2 full baths

Home size: 1,245 sq ft
$579,000 : 1435 Bellevue Av #104, Burlingame

2 beds, 2 full baths

Home size: 1,440 sq ft
$439,000 : 1515 Floribunda Av #304, Burlingame

1 bed, 1 full bath

Home size: 935 sq ft

Listing information deemed reliable but not guaranteed. Read full disclaimer.

The Wilkas Group is here to assist you in the purchase or sale of your home. We bring our expertise, skills and excellent to all of our clients. You can contact us above by clicking the the Contact Us! link, or try to chat real time. We’re here to be your advocate.

April 2011 Market Report: Burlingame CA

lenorewilkas — Tue, 10 May 2011 06:34:44 +0000

How’s the market? It’s getting HOT, HOT, HOT. There’s competition out there for homes, so what are you waiting for? The interest rates are at historic lows and, believe it or not, the banks are finally lending. What does this mean to Burlingame? With a high median price of $1.245 million it means there’s money out there for qualified buyers to move to The City of Trees and get out of the Fog of the City.

Here’s the snapshot of the market courtesy of our data source Altos Research first then a look at what’s gone on just in Burlingame since the first of the year.

I’m tracking the monthly stats of listings, pending sales and closed sales this year. Here’s what has been happening in Burlingame.

If you’re interested in buying in Burlingame, here’s what’s for sale. We are here to show any of these properties to you but you’ll need to contact us either by email or phone.

Showing properties 1 - 30 of 44. See more city of Burlingame real estate.
(all data current as of 2/9/2012)

$879,000 : 209 Channing Rd, Burlingame

2 beds, 1 full bath

Home size: 1,620 sq ft

Lot size: 5,750 sq ft
$1,295,000 : 1138 Douglas Av, Burlingame

3 beds, 2 full baths

Home size: 1,500 sq ft

Lot size: 5,544 sq ft
$2,550,000 : 3066 Hillside Dr, Burlingame

4 beds, 4 full baths

Home size: 4,107 sq ft

Lot size: 10,640 sq ft
$599,000 : 30 Lorton Av #205, Burlingame

2 beds, 2 full baths

Home size: 1,258 sq ft
$1,595,000 : 2673 Martinez Dr, Burlingame

4 beds, 3 full baths

Home size: 2,100 sq ft

Lot size: 11,650 sq ft
$799,000 : 418 Dwight Rd, Burlingame

2 beds, 1 full bath

Home size: 1,140 sq ft

Lot size: 5,000 sq ft
$999,950 : 1248 Capuchino Av, Burlingame

3 beds, 3 full baths

Home size: 1,897 sq ft

Lot size: 6,000 sq ft
$1,295,000 : 1512 Ralston Av, Burlingame

3 beds, 1 full, 1 part baths

Home size: 1,990 sq ft

Lot size: 7,896 sq ft
$499,000 : 1532 Floribunda Av #3, Burlingame

2 beds, 2 full baths

Home size: 1,190 sq ft
$578,000 : 1110 Bayswater Av #105, Burlingame

2 beds, 2 full baths

Home size: 1,245 sq ft
$2,120,000 : 1506 Vancouver Av, Burlingame

5 beds, 4 full, 1 part baths

Home size: 3,000 sq ft

Lot size: 6,000 sq ft
$1,199,000 : 1785 Hunt Dr, Burlingame

4 beds, 3 full baths

Home size: 2,200 sq ft

Lot size: 10,730 sq ft
$1,995,000 : 1612 Ralston Av, Burlingame

4 beds, 3 full baths

Home size: 2,803 sq ft

Lot size: 8,050 sq ft
$699,000 : 1532 Barroilhet Av, Burlingame

2 beds, 1 full bath

Home size: 1,000 sq ft

Lot size: 3,100 sq ft
$1,675,000 : 1407 Montero Av, Burlingame

4 beds, 3 full baths

Home size: 2,615 sq ft

Lot size: 6,100 sq ft
$1,458,000 : 1551 Los Montes Dr, Burlingame

3 beds, 2 full baths

Home size: 2,800 sq ft

Lot size: 8,052 sq ft
$1,158,888 : 1500 Alturas Dr, Burlingame

3 beds, 2 full baths

Home size: 1,590 sq ft

Lot size: 9,000 sq ft
$579,000 : 1435 Bellevue Av #104, Burlingame

2 beds, 2 full baths

Home size: 1,440 sq ft
$1,358,000 : 2928 Hillside Dr, Burlingame

3 beds, 2 full, 1 part baths

Home size: 1,825 sq ft

Lot size: 6,900 sq ft
$2,800,000 : 16 Davis Ct, Burlingame

5 beds, 4 full baths

Home size: 5,000 sq ft

Lot size: 31,000 sq ft
$439,000 : 1515 Floribunda Av #304, Burlingame

1 bed, 1 full bath

Home size: 935 sq ft
$249,000 : 777 Morrell Av #103, Burlingame

1 bed, 1 full bath

Home size: 880 sq ft

Lot size: 880 sq ft
$1,949,000 : 10 Tiptoe Ln, Burlingame

5 beds, 3 full baths

Home size: 3,260 sq ft

Lot size: 25,375 sq ft
$2,575,000 : 1116 Drake Av, Burlingame

5 beds, 4 full, 1 part baths

Home size: 3,065 sq ft

Lot size: 7,560 sq ft
$618,888 : 1493 Oak Grove Av, Burlingame

2 beds, 1 full bath

Home size: 1,190 sq ft

Lot size: 4,280 sq ft
$598,500 : 1500 Sherman Av #2d, Burlingame

2 beds, 2 full baths

Home size: 1,512 sq ft
$733,000 : 1491 Oak Grove Av, Burlingame

2 beds, 2 full baths

Home size: 1,300 sq ft

Lot size: 4,360 sq ft
$415,000 : 1471 El Camino Real #7, Burlingame

2 beds, 2 full baths

Home size: 1,281 sq ft
$2,850,000 : 3004 Hillside Dr, Burlingame

5 beds, 4 full, 1 part baths

Home size: 4,500 sq ft

Lot size: 11,250 sq ft
$1,595,000 : 1361 Vancouver Av, Burlingame

4 beds, 3 full baths

Home size: 1,830 sq ft

Lot size: 6,000 sq ft

Listing information deemed reliable but not guaranteed. Read full disclaimer.

This Saturday’s the Day for Easter Egg Hunts in San Mateo County

lenorewilkas — Wed, 20 Apr 2011 19:56:16 +0000

With Easter coming up this weekend, the 2011 Easter Egg Hunts are too. Rain or Shine they will take place this coming Saturday, April 23rd, throughout San Mateo County. From my weather search it might rain and then again, it might be sunny, so be prepared with rain gear and baskets for the children.

San Mateo’s Eggstravaganza

This is the premier hunt in the County and the oldest one, too. This will be the 34th year it will take place. It’s held at Central Park at El Camino Real and 5th Avenue beginning at 9 AM and running until 1 PM. Start your day off with their annual San Mateo Sunrise Rotary’s Pancake Breakfast for a cost of $8 per adult and $4 per child and enjoy the fun with a full tummy! Breakfast is between 9-11 AM. There are egg hunts for children of all ages beginning at 9:30 AM. The morning is filled with art and games, a community parade at 10:30, and music by Andy Z beginning at 11 AM and a magic show by Magic Mike at Noon. Children as young as toddlers can participate in their own hunts but bring your own baskets!

Foster City’s Egg Hunt at Ryan Park

If your children haven’t had enough hunting time head over to Foster City at 1 PM and begin the fun there. It’s an annual event run by the Foster City Lion’s Club and is on the lawns at East Hillsdale and Shell Blvd. The egg hunt will be at 2 PM for chocolate eggs. Bring your baskets and watch the fun. Your children will leave with a full basket of goodies as well as a visit from the Easter Bunny!

Belmont’s Twin Pine’s Meadow Hunt

Belmont’s annual hunt starts at 9 AM on Saturday. The hunts will take place for age groups and it’s for children between 3 and 10. Bring your baskets and let the kids have fun. It’s free and will take place rain or shine.

Menlo Park’s Easter Egg Hunt at Burgess Park

This hunt begins at 10 AM and runs until Noon. It’s kicked off with a visit from the Easter Bunny at 10 AM There are hunts for toddler’s under 2 beginning at 10:30; 3-4 year olds at 10:45, 5-6 year olds at 11 and 7-8 year olds at 11:15 AM. It’s a morning filled with fun things to do from a ride on the Old Tom Fire truck to a photo with the Easter Bunny. Crafts, and toys will be there to occupy the children while their siblings hunt for their eggs. Bring your baskets. Burgess Park is at 701 Laurel Street.

Millbrae’s Spring Festival and Children’s Egg Roll

The Millbrae Rotary is hosting this for Millbrae children and begins at 11 AM until 2 PM with the Easter Bunny, games, face painting, a petting zoo and of course, an Egg Hunt! Grab BBQ burgers for your lunch as a fund raiser for the mills High Interact Club. Millbrae’s Rotary Park South Aston and Millbrae Avenue.

Awesome Egg Dive at the Burlingame Aquatic Center

If you’re looking for something different in the way of an egg hunt and have older children this might be fun. Saturday afternoon between 2:30 and 3:30 PM will be a pool egg hunt where the kids jump into the water for eggs and and then exchange those eggs for prizes. This will take place at the Burlingame Aquatic Center. The competition is for children between 5 and 7 and 8 and 14 and they can splash and swim and have fun. There is a cost of $6 whether you’re a resident of Burlingame or not. Parents are encouraged to watch from the bleachers on the pool deck. The Aquatic Center is at 1 Magnini Way, Burlingame.

The Burlingame Lions Club Easter Egg Hunt and Pancake Breakfast

The annual Burlingame Lions Club’s Easter Egg hunt and pancake breakfast will take place on Saturday beginning at 8 AM. This is a full breakfast and always well worth it. Then the hunts begin according to age. First up will be the toddlers at 9 AM and then up to the older children throughout the morning. With over 4000 chocolate eggs to be found this will be a fun morning. The San Mateo Elks Band will be playing during the morning and t local artist and face painter , TwikieDeeStar, will do free face painting for the children. This will be held at the Burlingame Lions Hall, 990 Burlingame Avenue.

Thanks for a reader for this one on Sunday.

On Sunday, Malibu Castle and Grand Prix has a hunt and entertainment in Redwood City. Registration begins at 11:30 and ends at 12:45 PM. The hunt begins at 1 PM. Face painting, a petting zoo, and of course the Easter Bunny will be there. There is a charge but this should be fun for all ages! http://www.malibugrandprix.com/site/Redwood/pricing.html?egg#egg

How’s the Market in Burlingame CA 03.07.2011?

lenorewilkas — Tue, 08 Mar 2011 16:53:19 +0000

We’ve completed the second month of 2011 and the Peninsula real estate market is coming to life. Prices are beginning to rise and, believe it or not, loans are available out there for Burlingame buyers. One thing is for certain, the historic interest rates for mortgages will not last so if you are even thinking a tiny bit about moving up or down, or buying your first home, don’t wait. Interest will go up and your affordability index will go down accordingly.

Here’s what the market looks like with the number of homes listed in Burlingame this past month. I’ve included the data from January so you can compare. Keep watching and you’ll get the picture of the year as we progress along with these reports.

We didn’t see many closed escrows in February but I expect to see a lot of them in March. It is taking longer to close escrow today. We see most taking 45 days, even with stellar credit. Unless you’re paying all cash, expect it to take more time.

Here’s what’s currently for sale in Burlingame. If you want to see a property in person we’re here to take you and assist you with the purchase. If you’re a seller, we get amazing traction with these reports.

Showing properties 1 - 30 of 30. See more Burlingame Homes .
(all data current as of 2/9/2012)

$618,888 : 1493 Oak Grove Av, Burlingame

2 beds, 1 full bath

Home size: 1,190 sq ft

Lot size: 4,280 sq ft
$699,000 : 1532 Barroilhet Av, Burlingame

2 beds, 1 full bath

Home size: 1,000 sq ft

Lot size: 3,100 sq ft
$733,000 : 1491 Oak Grove Av, Burlingame

2 beds, 2 full baths

Home size: 1,300 sq ft

Lot size: 4,360 sq ft
$775,000 : 1100 Oxford Rd, Burlingame

2 beds, 2 full baths

Home size: 970 sq ft

Lot size: 4,819 sq ft
$799,000 : 418 Dwight Rd, Burlingame

2 beds, 1 full bath

Home size: 1,140 sq ft

Lot size: 5,000 sq ft
$840,000 : 260 Crescent Av, Burlingame

3 beds, 2 full, 1 part baths

Home size: 2,240 sq ft

Lot size: 2,862 sq ft
$999,950 : 1248 Capuchino Av, Burlingame

3 beds, 3 full baths

Home size: 1,897 sq ft

Lot size: 6,000 sq ft
$1,158,888 : 1500 Alturas Dr, Burlingame

3 beds, 2 full baths

Home size: 1,590 sq ft

Lot size: 9,000 sq ft
$1,295,000 : 1138 Douglas Av, Burlingame

3 beds, 2 full baths

Home size: 1,500 sq ft

Lot size: 5,544 sq ft
$1,295,000 : 1512 Ralston Av, Burlingame

3 beds, 1 full, 1 part baths

Home size: 1,990 sq ft

Lot size: 7,896 sq ft
$1,299,000 : 1530 La Mesa Dr, Burlingame

3 beds, 2 full baths

Home size: 1,640 sq ft

Lot size: 12,829 sq ft
$1,358,000 : 2928 Hillside Dr, Burlingame

3 beds, 2 full, 1 part baths

Home size: 1,825 sq ft

Lot size: 6,900 sq ft
$1,595,000 : 2673 Martinez Dr, Burlingame

4 beds, 3 full baths

Home size: 2,100 sq ft

Lot size: 11,650 sq ft
$1,595,000 : 1361 Vancouver Av, Burlingame

4 beds, 3 full baths

Home size: 1,830 sq ft

Lot size: 6,000 sq ft
$1,675,000 : 1407 Montero Av, Burlingame

4 beds, 3 full baths

Home size: 2,615 sq ft

Lot size: 6,100 sq ft
$1,699,000 : 3005 Canyon Rd, Burlingame

4 beds, 3 full baths

Home size: 3,850 sq ft

Lot size: 8,450 sq ft
$1,699,000 : 141 Crescent Av, Burlingame

5 beds, 4 full, 1 part baths

Home size: 3,514 sq ft

Lot size: 7,535 sq ft
$1,778,000 : 2417 Hale Dr, Burlingame

4 beds, 3 full, 1 part baths

Home size: 2,640 sq ft

Lot size: 4,950 sq ft
$1,875,000 : 94 Tiptoe Ln, Burlingame

5 beds, 4 full baths

Home size: 5,810 sq ft

Lot size: 10,188 sq ft
$1,895,000 : 165 Tiptoe Ln, Burlingame

4 beds, 3 full baths

Home size: 3,880 sq ft

Lot size: 14,747 sq ft
$1,899,000 : 1465 Drake Av, Burlingame

4 beds, 4 full baths

Home size: 2,718 sq ft

Lot size: 6,000 sq ft
$1,949,000 : 10 Tiptoe Ln, Burlingame

5 beds, 3 full baths

Home size: 3,260 sq ft

Lot size: 25,375 sq ft
$1,995,000 : 1612 Ralston Av, Burlingame

4 beds, 3 full baths

Home size: 2,803 sq ft

Lot size: 8,050 sq ft
$2,120,000 : 1506 Vancouver Av, Burlingame

5 beds, 4 full, 1 part baths

Home size: 3,000 sq ft

Lot size: 6,000 sq ft
$2,195,000 : 23 Tiara Ct, Burlingame

5 beds, 5 full, 1 part baths

Home size: 3,940 sq ft

Lot size: 12,911 sq ft
$2,550,000 : 3066 Hillside Dr, Burlingame

4 beds, 4 full baths

Home size: 4,107 sq ft

Lot size: 10,640 sq ft
$2,575,000 : 1116 Drake Av, Burlingame

5 beds, 4 full, 1 part baths

Home size: 3,065 sq ft

Lot size: 7,560 sq ft
$2,800,000 : 16 Davis Ct, Burlingame

5 beds, 4 full baths

Home size: 5,000 sq ft

Lot size: 31,000 sq ft
$2,850,000 : 3004 Hillside Dr, Burlingame

5 beds, 4 full, 1 part baths

Home size: 4,500 sq ft

Lot size: 11,250 sq ft
$3,499,943 : 5 La Strada Ct, Burlingame

6 beds, 4 full, 1 part baths

Home size: 6,325 sq ft

Lot size: 11,778 sq ft

Listing information deemed reliable but not guaranteed. Read full disclaimer.