Here’s a snapshot of what’s going on in the Burlingame CA real estate market today. You can tell a lot by the number of houses on the market, or in real estate-speak, the Inventory, then the number of days a house sits on the market. Burlingame isn’t at a high for this year because it’s the middle of the summer but it’s really up there with 84 houses for sale.

Yes, it’s been a while since I’ve updated what’s going on with Burlingame real estate. If you’ve been driving around town, you are definitely seeing a lot of for sale signs so there’s no shortage of houses to pick from if you’re interested in buying here. There are 86 homes on the market today.

We expect to see short sales and REO’s to come in 2010 in Burlingame and if you’re hoping to buy or need to sell because of this, then you need an agent who is experienced in this kind of sale. The Wilkas Group is trained and has had experience with both short sales and bank owned sales. Do not use an agent who will learn on your transaction. There are too many issues that come up during the escrow to allow a person learning the system. Use an expert like the Wilkas Group.

The market, she is a-changing.  Last week Burlingame had 85 houses for sale and the average time they have been on the market is about 70 days.  The inventory is increasing and so is the time it is taking to sell a property.  There could be several reasons for this:  One, being the difficulty in [...]

Last week Burlingame had 80 houses for sale with a prices ranging from a low of $540,000 to a high of $3,295,000.  The Median Priced home last week was $1,386,500 and this house is about 71 years old with 3 bedrooms and 2 baths.  The Average Price for a house in Burlingame last week was [...]