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Burlingame 2016 Market

Approaching Thanksgiving 2016, Burlingame has posted 155 closed MLS sales, year to date, with an average price per sq. ft. of $1,013. The high sale was $4,588,000 in the Burlingame Hills, and the lowest sale was $1,210,000 on Park Avenue. Remarkably, the average days on market for all Burlingame sales was just 18 days on market! This is a powerful indicator of the year-long low supply, high demand, and propensity of multiple offers.

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