Local realtor Raziel Ungar published his 2012 Market Review over the weekend. It contained a bunch of interesting factoids about the local market including a neighborhood-by-neighborhood analysis of how many and for how much properties were sold. I found these three 2012 factoids interesting
About 40% of homes sold under their final asking price (although typically not by much). That apprears to have changed since last year as more over-asking offers are discussed.
Wells Fargo did nearly 3 in every 10 home loans in Burlingame, while First Republic Bank was second with about 1 in every 10 home loans.
Burlingables(near Washington Park and BHS) and Burlingame Grove (north of B'way between the train tracks and El Camino) topped the price-per-square foot at $708 and $706! Perhaps high-speed rail hasn't penetrated the local mindset even now?
You can see the rest of it at Raziel's website here.
The Times has a chart showing the May 2013 real estate figures of note. B'game's median price was $1.433 million, up 39.7% on 38 transacted properties. Only Atherton, H'borough and Emerald Hills had higher median prices in May!
Posted by: Joe | July 06, 2013 at 05:20 PM
Raziel Ungar is a well known Burlingame's top Realtors. He featured on the front page of the Daily Journal, the local newspaper in the Burlingame and San.
Posted by: Cassia Edge condo | August 25, 2013 at 02:07 AM