Downtown Burlingame, Burlingame Housing Market · 2026

Data through Jul 2026

Data curated by Melanie Tan, 8 Blocks Real Estate · How this data works

Downtown Burlingame, Burlingame Market Snapshot

Downtown Burlingame favors sellers and competition is intensifying. Here's the picture:

Based on 6 homes sold in the 3 months ending July 2026. Includes all residential types (SFH, condo, townhouse, multi-family, and others). Enough to see the trend, but individual sales still move the median. Updated weekly.

Data through July 2026

SalesWhat are homes selling for?
Median Sale Price
$1.14M
Down 15.5% from July 2025
Down $209K from July 2025
Homes Sold
6
Sold in the last 3 months. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$7,259/mo
6.71% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$5,889
  • Property Tax$1,187
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
24 days
30 fewer days than in July 2025
Homes typically sell within a month
Sale-to-List Ratio
106.6%
Up from 98.8% in July 2025
Selling 7% above asking
% Sold Over Asking
50%
50% of homes sold above asking, some competition
Active Listings
6
Down 8.2% from July 2025
About 3.2 months of supply. Moderate selection available

Market Trends

See how prices, monthly costs, and mortgage rates have moved in Downtown Burlingame.

Median Sale Price
Down 15.5% year-over-year in Downtown Burlingame. Based on 6 sales in the last 3 months.
Homes Sold
14% fewer homes sold than a year ago in Downtown Burlingame.
Total Monthly Payment
Estimated monthly cost is down 16% from a year ago in Downtown Burlingame, reflecting changes in both price and mortgage rates.

Includes principal, interest, estimated CA property tax (~1.25%), and estimated insurance (~$2,200/yr). HOA fees not included.

30-Year Fixed Mortgage Rate (National Avg.)
National average currently at 6.71%. Your actual rate depends on your credit, down payment, and loan type.

Frequently asked questions about Downtown Burlingame, Burlingame

Is now a good time to buy in Downtown Burlingame, Burlingame?

Downtown Burlingame, Burlingame favors sellers and competition is intensifying. Buyers should prepare strong offers and expect limited room to negotiate on well-priced listings.

How do Downtown Burlingame, Burlingame home prices compare to the Bay Area average?

At $1.14M, Downtown Burlingame, Burlingame's median sits about 37% below the Bay Area average of $1.80M. That average is skewed high by ultra-premium peninsula enclaves like Atherton and Woodside, so a more useful frame is that Downtown Burlingame, Burlingame is one of the more accessible corners of the Bay Area.

Within Burlingame, this area trades about 61% below the city-wide median of $2.95M.

By home type:

  • Condos at $1.13M
  • Townhomes at $1.28M
What price range should I budget for in Downtown Burlingame, Burlingame?

Prices in Downtown Burlingame, Burlingame depend heavily on home type and specific neighborhood. Median sale prices by type:

  • Condos at $1.13M
  • Townhomes at $1.28M

Individual listings vary widely based on location, size, and condition. The best calibration is to narrow to a few specific neighborhoods you are considering and look at recent sales there.

How competitive is Downtown Burlingame, Burlingame for buyers?

Downtown Burlingame, Burlingame currently favors sellers:

  • Homes sell about 7% above asking on average
  • 50% close above list price
  • 24 days typical time to go pending
  • 40% of listings have had a price reduction

Buyer strategy: well-priced homes still move quickly, but there is modest room for strong offers. Come in pre-approved with a clear plan.

What will my total monthly cost be on a median-priced Downtown Burlingame, Burlingame home?

At $1.14M with 20% down at 6.71%, your estimated total monthly cost is approximately $7,259:

  • $5,889 principal and interest
  • $1,187 property tax (California 1.25% effective rate)
  • $183 homeowners insurance

HOA fees are extra. Condo buyers typically budget an additional $300 to $700 per month for HOA, and townhome HOAs run $200 to $500.

No noise, just a quick weekly read on what's going on in your market.

Melanie Tan
Melanie Tan
DRE #02250755
“I help Bay Area buyers and sellers make confident moves with the latest market data, real local expertise, and the patience to find what's actually right for you, not the fastest close.”
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