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2133 Roosevelt Sells; Only 36 Homes For Sale in B'game

2133 Roosevelt (pictured), a unique Easton Addition cul-de-sac home, has just gone into escrow. This home was originally listed at $1,695,000 on November 26, then reduced to $1,499,000 on January 13. Built in 1964, and in dated original condition, the ranch home has approx. 2340 sq. ft. on a 7,200 sq. ft. lot. With this sale, the total number of Burlingame single-family listings available is now only 36 homes. Although we are in more of a "buyer's market" and economic recession, the relatively low inventory still provides some leverage for sellers who price aggressively. It will be interesting to watch the demand for new listings such as 1328 Columbus ($1,540,000) and 1312 Montero ($1,489,000) in the popular "mid-range" price zone of the Easton Addition on fabulous blocks.

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