Achieve Success

Burlingables is a cozy peninsula area of Burlingame Real Estate, a neighborhood which is famous for many surviving Victorian architecture, for its opulence, and it features a high quality of residential life which makes it a good choice for most home buyers. For Burlingables, there have been 18 homes sold through the first ten months of this year while at the same duration last year, there have been only 14 homes that were sold.
As compared in 2010, more homes have been listed onto the market for 2011, which is not like other areas of the Burlingame Real Estate.
This has driven the inventory of homes for sale in the submarket to have seven homes for sale. While only 16 homes have been sold for the whole 2010 in Burlingables, the buyers through the five months that had passed have acted by purchasing 14 homes listed on the market. This caused the inventory of homes for sale to go down. At the end of October 2011, no homes were left for sale and this is indicative of the high demand for homes for sale in the community of Burlingables. Two to four homes was the range for most of the past few years. The buyers needed to evaluate the property quickly. When a fairly-priced home in Burlingame comes onto the market; the buyers have to act on it fast or else miss the opportunity on a good property.
As frequent as it is below 100%, the average sales price divided by list price is above 100% and this data point conveys an ongoing high demand in the area. This suggests that the buyers regularly bid above their sellers' asking prices. For other areas of Burlingame Real Estate, the normal ratio is greater than 100%.
Burlingame High School is near the Burlingables community. The area is sometimes branded as Oak Grover Manor. The average size of home selling in Burlingables has been 1,600 square feet, which is smaller than the 2,100 square feet average size for the homes selling in the entire Burlingame Real Estate. The area doesn't have a wide array of home sizes. The largest home selling for this year was a 2,360 square feet, 4 bed/3.5 bath while the smallest home selling was a 1,120 square feet, 2 bed/1bath. It is evident that this Burlingame Real Estate community of Burlingables remains as one of the highly sought after places to live.