Burlingame Housing Market Report – June 2026
Here's a look at how the Burlingame, CA real estate market performed in June 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 30
- Median Sale Price: $2,912,500
- Average Sale Price: $3,045,867
- Average Price Per Sq Ft: $1,301
- Average Days on Market: 39
- Sale-to-List Price Ratio: 107.8%
Month-Over-Month Trends
Compared to May, the median sale price in Burlingame moved 6.5% down (from $3,114,000 to $2,912,500). The number of homes sold was 7.1% up compared to the prior month (28 vs. 30). Average days on market shifted 11.4% up (35 days to 39 days).
Year-Over-Year Comparison
Compared to June 2025, the median sale price is 2.2% up (from $2,850,000 to $2,912,500). Sales volume is 76.5% up year-over-year.
What This Means
Burlingame's June market shows a moderating but still healthy local real estate environment. While the median price dipped 6.5% month-over-month to $2,912,500, the year-over-year comparison tells a different story—prices are actually up 2.2% compared to June 2025. This suggests we're experiencing normal seasonal softening after a stronger spring push rather than any fundamental market deterioration. The fact that homes are still selling above list price at 107.8% indicates solid buyer interest despite slightly longer marketing times.
What's worth noting is the uptick in days on market, now averaging 39 days compared to 35 last month. This isn't alarming, but it does suggest homes aren't flying off the shelf like they might have during peak seller's markets. With 37 active listings available, buyers actually have more options than they did earlier this year—a welcome change for anyone shopping in this competitive price range. The median asking price of $2.3 million on active inventory sits notably below what homes are actually selling for, which could signal realistic sellers are still finding motivated buyers.
The market remains fundamentally sound, though we're clearly in a more balanced phase heading into summer.
Burlingame Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 94010 | 30 | $2,912,500 | $1,301 | 39 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 21 | $3,065,000 | $1,540 |
| CONDOS | 5 | $900,000 | $729 |
| MULTI_FAMILY | 3 | $2,450,000 | $859 |
| OTHER | 1 | $11,955,000 | $464 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $500K - $749K | 2 |
| $750K+ | 28 |
Current Active Listings
As of this report, there are 37 active listings in Burlingame with a median asking price of $2,300,000 and an average of 48 days on market.
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