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Monday, April 21, 2025

Burlingame home prices fall in August 2017

Realestate077

The median sale price of a home sold in August 2017 in Burlingame fell by $109,500 while total sales increased by 81.3%, according to BlockShopper.com.

In August 2017, there were 29 homes sold, with a median sale price of $1,610,000 - a 6.4% decrease over the $1,719,500 median sale price for the same period of the previous year. There were 16 homes sold in Burlingame in August 2016.

The median sales tax in Burlingame for the most recent year with available data, 2015, was $7,970, approximately 0.5% of the median home sale price for August 2017.

The following table compares Burlingame to other San Mateo County cities with similar median sales prices in August 2017:

CityAug. 2017 Home SalesAug. 2016 Home Sales% change (Total Home Sales)Aug. 2017 Median Sales PriceAug. 2016 Median Sales Price% change (Median Sales Price)
Sequoia550%$2,050,000$1,900,0007.9%
Menlo Park30300%$1,930,000$1,547,50024.7%
Emerald Lake Hills56-16.7%$1,880,000$1,775,0005.9%
Palomar Park30-$1,800,000$0-
San Mateo Highlands24-50%$1,738,500$1,557,50011.6%
Burlingame291681.3%$1,610,000$1,719,500-6.4%
Belmont2122-4.5%$1,525,000$1,317,00015.8%
San Carlos1437-62.2%$1,472,500$1,400,0005.2%
Redwood City4062-35.5%$1,460,000$1,329,7509.8%
Millbrae231643.8%$1,450,000$1,375,0005.5%
Montara21100%$1,399,750$980,00042.8%

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