Burlingame Realtor Update: There have been 137 single family homes sold in Hillsborough in 2011, despite the fact that activity decreased by the end of the year. Since 2005, this has been highest sales recorded; and represents the third consecutive year of increasing sales. Sales were high at the same period that the number of for-sale homes was low. In 2011, there were 216 homes listed on the market - about 40 fewer homes as compared to listings in 2010. The ratio of sales to new listings was 63%, although there were also holdover homes listed in 2010. The … (0 comments)
Burligame Realtor Update: To describe the real estate market in San Carlos in 2011, “stable” is the best adjective to use. As compared to 2010, the number of listings, selling values, inventory, average home size, and average days on market were all significantly flat in 2011. Sales activity is one area that was not as stable. In 2011, sales went up twelve percent at 278 transactions and this was the highest since 2007. Also in 2011, a total of 393 homes were listed on the market, which is about the same as 2010. There were also holdover homes … (0 comments)
burlingame realtor: Burlingame Realtor Update: Burlingame Hills Real Estate – January 2012
- 02/27/12 10:49 PM
Burlingame Realtor Update: From 29 sales in 2010, sales in Burlingame Hills in 2011, plummeted to 22. There was one home sold, which had been on the market for awhile, over half a year, during the first months in 2012. For real estate sales, the start of the year has been generally a slow period. We will have to observe the trends that will come out in Burlingame Hills.
What’s distinct about Burlingame Hills is that the levels of inventory are high as compared to other areas of Burlingame. Almost exactly 10% of the sales in Burlingame … (0 comments)
Burlingame Realtor Update: In 2011, there have been mixed signals on the real estate market of San Mateo County. But in general, further recovery has been observed down 2008 and 2009.
One very evident indication was the number of transactions made. 4,633 homes were sold in 2011, which is a 13% increase from 2009 and 5% from 2009. It is also considered the highest number of sales since 2006. The sales were high at the same point that the number of for-sale homes was low. In 2011, there were 6,681 homes listed on the market - 500 fewer … (0 comments)
As a Burlingame Real Estate agent, I would like to share with you an overview of the market condition in the Burlingame neighborhood of Burlingables for the month of October.
As compared to 14 homes sold within the first ten months of 2010, there were 18 homes sold in the Burlingame community of Burlingables at the same period in 2011.
More homes have been listed for sale in Burlingables for 2011as compared in 2010 and this is unlike other parts of the Burlingame Real Estate. This moved the inventory of homes for sale in the submarket … (0 comments)
As an agent for Burlingame Homes For Sale, I would like to share with you a summary of the market condition in the Burlingame neighborhood of Lyon Hoag for the month of October.
For the real estate of Lyon Hoag, sales increased distinctly. As compared to 10 homes that were sold within the first ten months last year, there have been 25 homes sold at the same duration this year. The 13 home sales in the three-month stretch of May, June and July of 2011 is the same with the home sales for the entire year of 2010. For all … (2 comments)
As a Burlingame Real Estate agent, I would like to give you a summary of the market condition in the neighborhood of Burlingame Park for the month of October. For Burlingame Park, there have been 15 homes sold within the first ten months of 2011 while in the same period last year, 11 homes were sold.
Homes got sold faster this year as compared to last year. In the entire Burlingame area, the average homes that were sold throughout the first ten months did so in about 55 days. The 11 homes that were sold at the … (4 comments)
As a Burlingame real estate agent, I would like to give you a summary of the real estate market condition in Downtown Burlingame for the month of October. This update is particularly an assessment of the condo market in the area, inasmuch as we are focusing particularly on single family homes in other reviews. Downtown Burlingame area consists mainly of residential condos - often referred to as attached housing – and commercial businesses, with lesser single family homes. As compared to 17 condos that were sold through the first ten months last year in Downtown Burlingame, there were 16 … (0 comments)
As a Burlingame Realtor, I would also like to give you a summary of what transpired on San Mateo Park Real Estate for the month of October. For the first ten months of this year, sales in San Mateo Park went down to 23 from 30 homes at the same duration in the prior year. Instead of a lack of demand, home sales have been restrained by a lack of inventory. For this year, new listings declined by 23%.
In San Mateo Park, homes remain to sell fast. For the past few years, the average days … (0 comments)
Despite having low inventory, sales increased a little in San Mateo communities of Aragon, Baywood, and Baywood Knolls within the first ten months of 2011 from 46 homes in 2010 to 48 homes.
On the average, inventory of homes from 2010 through 2011 went down by 25%. As compared to 15 homes for sale in these communities at the end of October last year, there have been five homes for sale recorded for the same period this year. To measure the amount of supply in a market, one of the means is to measures the length of time … (0 comments)
Burlingame Gardens is considered as one of the most affordable communities of Burlingame City. Sales in the Burlingame community of Burlingame Gardens through the first ten months of this year went up from 7 homes in the same duration last year to 11 homes.
Even though the homes differ from each other, Burlingame Gardens’ average and median selling values are in the $800,000 range and selling values average for the entire City of Burlingame is in the $1,250,000 range. The size of homes dictates the difference in the price of homes. As compared to 2,100 square feet … (0 comments)
In San Mateo, low inventory of homes for sale stays for the month of October. There have been 126 homes for sale in San Mateo. This number may seem a lot but in reality, sales had gone down by about 60 homes from 186 homes in 2010. Although, for most of the year, inventory in 2011 is less than in 2011, the difference has only been significantly noticeable in the few months that passed – 5-10% fewer homes at the beginning of the year and 30% fewer homes in the past few months.
Activity in the real estate market is likely to slow down when seasons change from summer to fall and this occurrence has been observed in Burlingame. Sales In Burlingame for October have decreased from 20 in 2010 to 12 homes in 2011 and also down from the average of 25 homes every month from May to September period. The decline was a bit higher than the normal and the period of October 2011 has obtained one of the lowest sales as compared to the same month in previous years.
Thirty homes have been sold in San Carlos for the month of October. Sales – 247 homes - through the first ten months of the year have increased by 20% from 2010 and 20% from 2009. It is not surprising for San Carlos to have high sales because it is a pleasant place to live. It also has an excellent public elementary school system. All of San Carlos District’s elementary and middle schools got high scores in the 2010 Academic Performance Index (API), which determines the academic proficiency of schools. The district got an average score of 899, which … (0 comments)
Hillsborough is a relatively small market - with 100 to 150 sales per year. The trends in this area do not frequently change on a month-to-month basis. For October 2011, sales continue to remain steady, whereas both listings and inventory are low.
For each of the past five months, sales have decreased, but this is more likely due to the change in seasons - more sales have been recorded in summer and early fall than late fall and winter – rather than a change in the market. Last October, eight sales have been recorded. There have been … (0 comments)
In 2011, not much activity has been observed in the Tobin Clark Estate neighborhood of Hillsborough (Click here to view the Tobin Clark Estate area on a Hillsborough map). Seven single family detached homes have been sold within the first nine months of the year as compared to 12 homes at the same period last year. The low sales activity is not due to a lack of demand but may be attributed to the fact that it is a small neighborhood. At the end of September, there have been seven homes in the active inventory of single family homes, and only 15 … (0 comments)
Real estate market remains strong in San Mateo. In September 2011, a lot of sales have been recorded - there were 65 homes sold in San Mateo while only 41 homes closed escrow in September of last year. To find a more active September, we have to go back to 2005. There have been 454 homes sold within the first nine months of the year, which is a five percent increase from the same duration last year.
While sales have increased, the number of new listings has decreased. About eight percent fewer homes in San … (1 comments)
Real estate market in Redwood City generally remains steady. In September 2011, the number of homes sold is 45, which is not a normal figure for the month. There have been 401 homes sold within the first nine months of the year, which is a two percent increase from last year.
Through the first nine months of the year, there have been 401 homes sold, up by two percent from the same duration last year. Year-to-year total of sales doesn’t show any recent strong or weak points in terms of sales. As proof, sales this year have … (2 comments)
burlingame realtor: Hillsdale Shopping Center - Shop ‘Til You Drop
- 11/02/11 05:13 PM
Shop ’til You Drop…Plus More! The holiday season is fast approaching and it’s time again to make your holiday shopping list. One of the best places to shop is the Hillsdale Shopping Center. It houses the finest collection of department stores and specialty shops in the Bay Area which includes Macy’s and Sears, Nordstrom, and 120 other specialty stores and restaurants.
Image via Wikipedia (The Original Macy's Back in the Day)
The mall offers special promotions and events other than having great places to shop. Your children will surely enjoy the Lego promotions that will happen on November 9 and will continue … (0 comments)
Asking someone of their most favorite places to eat is like asking a father as to which among his children is his favorite. I’m often asked about my favorite places to eat in Burlingame; and yes, I do have favorites and here are some of them:
Breakfast Abodes
Copenhagen Bakery, my favorite bakery -in the world! - can be found just right in downtown Burlingame. Its founders, owners Ben, Ralf, and Shari Nielsen, established it more than thirty years ago. The buttery aroma and Danish ambience that welcome you upon entering the place are definitely hard to … (1 comments)
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