Monthly market wrap MONTHLY MARKET WRAP Burlingame Single-family homes · May 2026 The Burlingame market tilted hotter in May: most key signals moved the seller's way. Median sale price $3.33M ▲ +3.7% vs Apr Time to pending 10d ▼ 1 day faster vs Apr Sold over asking 59% ▲ +5 pts vs Apr Active listings 12 ▼ -14.3% vs Apr Generated by ListingCopilot.io Source: Redfin housing market data
Sale price vs asking SALE PRICE VS ASKING Burlingame Single-family homes · May 2026 Most Burlingame SFHs are still selling over asking (59%). Price to invite competition. 108.5% average sale price vs. asking price Sold over asking 59% vs. a year ago -2 pts 108.6% 105.2% 101.9% Sold at asking price 108.5% Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Are you an agent? Create a branded market page for free like this for your own cities.
Try ListingCopilot → The negotiation gap THE NEGOTIATION GAP Burlingame Single-family homes · May 2026 Burlingame SFHs are closing +8.5% above asking. The list price is the floor, not the ceiling. +$603K median sale price minus asking price Median asking price $2.72M Median sale price $3.33M $3.8M $3.1M $2.4M Sold Asking Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Median sale price MEDIAN SALE PRICE Burlingame Single-family homes · May 2026 Burlingame SFH values are climbing, up +9.0% in a year. $3.33M median sale price Year over year +9.0% Homes sold last month 22 $3.46M $2.86M $2.27M $3.33M Jun 2019 Dec 2022 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Time to sell TIME TO SELL Burlingame Single-family homes · May 2026 Burlingame SFHs are flying off the market in 10 days, 3 days faster than last year. 10 days median time to pending Gone within two weeks 79% vs. a year ago 3 days faster 57d 38d 19d 10d Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data
Active listings ACTIVE LISTINGS Burlingame Single-family homes · May 2026 Burlingame inventory is down 33.3% year over year, keeping buyer choice tight. 12 active listings Year over year -33.3% Months of supply 0.5 21 14 7 12 Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Buying or selling in Burlingame? Jason tracks this market every month and can give you a local read before your next move.
Price cuts PRICE CUTS Burlingame Single-family homes · May 2026 17% of Burlingame listings cut their asking price last month, down 11 pts from a year ago. 17% of active listings cut their asking price vs. a year ago -11 pts Active listings 12 33% 26% 18% 17% Jun 2024 May 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data The two-speed market THE TWO-SPEED MARKET Burlingame Single-family homes · May 2026 79% of Burlingame SFHs went pending within two weeks. Priced-right listings do not wait. 79% of listings went pending within two weeks Median time to pending 10 days vs. a year ago +32 pts 70% 42% 15% Half of listings 79% Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Best month to buy BEST MONTH TO BUY Burlingame Single-family homes · May 2026 January is historically Burlingame's calmest month for buyers: 5.1 pts less over-asking than April. January historically the calmest month for buyers Buyer's edge vs April -5.1 pts Years of Redfin data 11+ Yearly average J F M A M J J A S O N D -2.9 pts Bars over/under-asking vs the yearly average Line price seasonalityGenerated by ListingCopilot.io Source: Redfin housing market data 10-year price growth WAITING HAS A PRICE Burlingame Single-family homes · May 2026 A Burlingame SFH bought in 2016 has gained +59% in value since. +59% median sale price growth since 2016 Median price in 2016 $2.09M Average gain per year +4.8% $2.99M $2.62M $2.24M $3.33M May 2016 May 2021 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data For agents only
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