I feel myself sounding like a circa-2005 broken record: another multiple offer scenario with $200,000+ over asking sale! 479 Marin Drive (pictured) in Burlingame's Burlingables neighborhood is the latest example closing for $201,000 over its asking price: List: $899,000 Sale: $1,100,000. Ironically, to prove my point, this same Burlingame home for sale transacted in 2005 with the identical result of list price of $899,000 and a sale price of $1,100,000! The 1,482 sq. ft. home had just two bedrooms and one bath, plus an office/playroom built off of the garage. With 479 Marin Drive, we see direct evidence of 2005-like results, articulating this spring 2012 market as a bull market to be reckoned with. Low Supply, High Demand, Great Interest Rates, Diverse Streams of Liquid Buyers, and a Psychology of the "green light," "now is the time before the next one gets snapped up even higher." Pure confidence. For more "pure confidence" in the Burlingame real estate market please see my previous post of the recent $355,000 over asking price sale on Lyon Hoag's Clarendon.

Working from McGuire Real Estate in downtown Burlingame, I pride myself on providing buyers and sellers with a top reputation, analytic expertise, and many competitive advantages for success in this aggressive market. Call or text to discuss how to win in this market: (650) 455-3735. As the #1 McGuire Peninsula Agent (highest sales volume) two years running, I leverage market-defining results for my sellers, and strategic victories for my buyers in the face of competition. -Geoffrey Nelson    geoffrey@geoffreynelson.com