Foreclosure Homes in Burlingame, CA

Current Market Conditions in Burlingame, CA

The real estate market in Burlingame is currently robust, characterized by high demand and limited inventory. Homes in this desirable location tend to sell quickly, often above asking price, leading to competitive bidding wars. The average home price has seen a steady increase over the past year, and this trend is expected to continue as more people look for homes in the area.

Investors are particularly interested in Burlingame due to its proximity to Silicon Valley and San Francisco, making it a prime location for rental properties. The rental market remains healthy, with various options for multifamily units and single-family rentals.

Rent Prices In Burlingame, CA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Burlingame, CA, is on a rollercoaster ride. The average rent price in Burlingame, CA, is $4,083.00. Indeed, when looking to rent in Burlingame, CA, you can expect to pay as little as $2,180.00 or as much as $6,480.00, with the average rent median estimated to be $4,200.00. The good news is that finding an affordable and desirable property to rent in Burlingame, CA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.