Downtown Burlingame, Burlingame Housing Market · 2026

Data through Aug 2026

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

Downtown Burlingame, Burlingame Market Snapshot

Downtown Burlingame is a balanced market, but competition has been picking up. Here's where things stand:

Based on 7 homes sold in the 3 months ending August 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 August 2026

SalesWhat are homes selling for?
Median Sale Price
$985K
▼ Down 9.5% from August 2025
Down $103K from August 2025
Homes Sold
7
Sold in the last 3 months. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$6,598/mo
7.28% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$5,389
  • Property Tax$1,026
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
27 days
▼ 15 fewer days than in August 2025
Homes typically sell within a month
Sale-to-List Ratio
103.8%
▲ Up from 97.2% in August 2025
Selling 4% above asking
% Sold Over Asking
43%
43% of homes sold above asking, some competition
Active Listings
4
▼ Down 52.2% from August 2025
About 1.8 months of supply. Very low, limited options for buyers

Market Trends

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

Median Sale Price
Down 9.5% year-over-year in Downtown Burlingame. Based on 7 sales in the last 3 months.
Homes Sold
13% fewer homes sold than a year ago in Downtown Burlingame.
Total Monthly Payment
Estimated monthly cost is down 8% 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 7.28%. 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 is balanced but competition is picking up. It remains a reasonable environment for buyers, though acting decisively on well-priced homes is becoming more important.

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

At $985K, Downtown Burlingame, Burlingame's median sits about 45% below the Bay Area average of $1.78M. 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 65% below the city-wide median of $2.80M.

How competitive is Downtown Burlingame, Burlingame for buyers?

Downtown Burlingame, Burlingame is a balanced market where neither side dominates:

  • Homes sell about 4% above asking on average
  • 43% close above list price
  • 27 days typical time to go pending
  • 46% of listings have had a price reduction

Buyer strategy: contingencies are more accepted, and there is time to tour and negotiate without extreme pressure.

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

At $985K with 20% down at 7.28%, your estimated total monthly cost is approximately $6,598:

  • $5,389 principal and interest
  • $1,026 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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