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Market Pulse

Burlingame market insights

A local market update for Condo/Co-op, refreshed monthly with Redfin housing market data.

Monthly market wrap

MONTHLY MARKET WRAPBurlingameCondos · May 2026Burlingame held steady in May: the keymarket signals were mixed.Median sale price$1.13M+15.5% vs AprTime to pending33d25 days slower vs AprSold over asking67%-33 pts vs AprActive listings8-20.0% vs AprGenerated by ListingCopilot.ioSource: Redfin housing market data

Sale price vs asking

SALE PRICE VS ASKINGBurlingameCondos · May 2026Most Burlingame condos are still sellingover asking (67%). Price to invitecompetition.106.7%average sale price vs. asking priceSold over asking67%vs. a year agoN/A103.3%100.2%97.1%Sold at asking price106.7%Jan 2024Apr 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

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The negotiation gap

THE NEGOTIATION GAPBurlingameCondos · May 2026Burlingame condos are closing +6.7%above asking. The list price is thefloor, not the ceiling.-$1.6Mmedian sale price minus asking priceMedian asking price$2.72MMedian sale price$1.13M$2.57M$1.82M$1.07MSoldAskingJan 2024Apr 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Median sale price

MEDIAN SALE PRICEBurlingameCondos · May 2026Where Burlingame condo values standright now.$1.13Mmedian sale priceYear over yearN/AHomes sold last month3$1.41M$1.21M$1.01M$1.13MJul 2018Apr 2022May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Time to sell

TIME TO SELLBurlingameCondos · May 2026Burlingame condos are taking 33 days tosell, so patience and pricing win.33 daysmedian time to pendingGone within two weeks0%vs. a year agoN/A2091d1394d697d33dJan 2024Apr 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Active listings

ACTIVE LISTINGSBurlingameCondos · May 2026Burlingame buyers have 8 active condosto choose from.8active listingsYear over yearN/AMonths of supply2.712838Jan 2024Apr 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

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Price cuts

PRICE CUTSBurlingameCondos · May 20261 in 3 Burlingame listings cut itsasking price last month.38%of active listings cut their asking pricevs. a year agoN/AActive listings856%40%25%38%Feb 2024Aug 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

The two-speed market

THE TWO-SPEED MARKETBurlingameCondos · May 2026Only 0% of Burlingame condos wentpending within two weeks. Most listingsare taking their time.0%of listings went pending within two weeksMedian time to pending33 daysvs. a year agoN/A46%28%10%Half of listings0%Jan 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Best month to buy

BEST MONTH TO BUYBurlingameCondos · May 2026February is historically Burlingame'scalmest month for buyers: 7.9 pts lessover-asking than May.Februaryhistorically the calmest month for buyersBuyer's edge vs May-7.9 ptsYears of Redfin data8+Yearly averageJFMAMJJASOND-3.7 ptsBars over/under-asking vs the yearly average Line price seasonalityGenerated by ListingCopilot.ioSource: Redfin housing market data

10-year price growth

WAITING HAS A PRICEBurlingameCondos · May 2026Burlingame condo values are up +10% overthe past 10 years.+10%median sale price growth since 2016Median price in 2016$1.02MAverage gain per year+1.0%$1.23M$1.12M$1M$1.13MMar 2015Aug 2020May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

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