Listing prices in the Hillsborough area almost always start above the magic mark of $1 million. Listing prices can skyrocket far higher depending on the nature of the property. A house with four bedrooms and four bathrooms can be listed for as much as $15 million or more! However, most homes for sale Hillsborough are within the $1million to $5 million mark. This is actually affordable real estate for the high end!

Hillsborough is not alone in the region when it comes to super high end real estate. In fact, a check of the local MLS listings will reveal properties all the way up to $ 23,000,000 in the city of San Francisco itself. Hence, the message is amply clear. If you have the means to live like a king, head to Hillsborough and San Francisco.

Hillsborough is one of the wealthiest regions of United States. The sparse population and highest income and above all its proximity with San Francisco together have resulted in its great relevance as real estate market. Hillsborough real estate constitutes large homes and commercial properties only. As a result you would not find any apartment, townhomes and even condominiums in this place.

Hillsborough is a home to the wealthiest Americans. Quite evidently, the minimum size of these luxury homes has to be 2,500 sq ft with at least half an acre of lot to maintain the exclusivity of the property. As of 2007, Hillsborough real estate market had been the costliest one with median price of the houses being more than 3.8 billion.

If you want to own a property in Hillsborough, you need a good realtor who can give you better choices to select from. You can get a huge house of 3400 sq ft with four bedrooms and three bathrooms for $2,275,000. This is the present market trend of Hillsborough real estate. Most of these houses come with salt-water pools, fireplace made of limestone and even an outdoor kitchen- in short, just out of your story books.

Hillsborough real estate can be said to have set amidst the Californian oaks. Thus, with these houses, spectacular view comes as complementary feature. Since scarcely populated and the city has a norm to keep every premise an exclusive one, your abode will overlook a picturesque view. Buying a house in Hillsborough is definitely matter of prestige. Each house is an estate designed professionally to cater the cream of the society.

The global recession has had an adverse effect on real estate all over the world. Its impact has been more severe in the United States which witnessed an alarmingly high rate of foreclosures and a drastic price reductions all over the country. Recently, the market has recovered from the lows and is showing improvement.

A look at the statistics of the Homes for sale in Burlingame reveals that Burlingame real estate is priced at a premium to many parts of the Bay Area.  The median price for homes for sale in Burlingame, CA between September 2009 and October 2009 was $ 1,349,000.  This figure shows an increase of 2.6 percent in similar home values in October from September 2009. This was based on the sale of 153 homes. However, the statistics also point out that there were 54 foreclosures, in the months of September 2009 and October, 2009 with a median price of $753,192 with a price change of  -1.5%.

The price of real estate in Burlingame CA differs from one area or street to the other.  For instance, a cost of a two bedroom home on 1515 Carol Avenue is $949,000 and the cost of a similar home on Bernal Avenue is $2,325,000 for the week of October 5, 2009.

The price indexes show an improvement in the real estate market in Burlingame, CA.

The latest estimates show average property listings in Burlingame around $1.5 million. While this is in-line with the regions higher price points, a rise of about 5% in the average listing price (over the previous month) points to a positive sing towards recovery in the area. However, the median sales price of closed deals show a decline of about 4.5% down from the previous quarter, meaning that customers are very insistent about paying what they feel is a fair price and not a penny more. The number of Burlingame homes for sale listed in the area is 149, which is fairly abundant, meaning there is a supply of home for sale.  While this points at increasing customer awareness, it also shows that the post recession recovery, though in progress, still has a way to go.

Hillsborough is the home of high-flyers and thus, Hillsborough homes for sale show fairly higher listing prices. Prices generally start around $1.5 million but can go up to $3 million or even more. Presently, single family homes are most prevalent in the market. There are, however, a few listings of larger villa style homes with 4 or more bedrooms and bathrooms, notably in the golf course area. Prices for these are close to the upper echelon of $3 million. Presently, about 74 homes are listed in the area for sale. Again, the number shows that sales have been steady but slow.

The price of an average real estate property in Burlingame ranges from nearly US$ 1.2 to US$ 1.5 million according to the latest review of the realty sector in Burlingame. The price is very much in tune with the standard of living of this place and a rise in the average listing price by 5% in comparison with the last month indicates a distinct scope for market recovery in the present times. Though, the average sales price of settled deals exhibit a progressive decline by as much as 4.5% in the previous 3 months, which means that the customers have become more adamant about not paying anything more than the right price.

The Burlingame homes for sale that is listed in the local area, numbers to a staggering 149, which means that if someone is looking for a property in here he has got a lot of options in the real estate market to choose from. This indicates that the awareness of the customers is growing steadily. It also points out that the recovery from the present recession is in progress but it would require some more time to recover fully.

Hillsborough is one of the most posh areas in the whole of United States. This area is the home for many of the big shots so the Hillsborough homes for sale exhibit a high listing price in comparison many other places.

At present the family homes are the most abundant in the realty market. Few listings pertaining to large villas with 4 bedrooms are also available. The price of such home can reach up to US$ 3 million.

Burlingame real estate market was always exclusive in its own category. In nineties, affluent members of San Francisco used to purchase homes in this area for vacation purpose. However, the real estate market of Burlingame was full of options and was suitable for wide range of budgets.

Starting from apartments to bungalows, to luxury condos are all available in Burlingame Real Estate market. Price ranges vary from one neighborhood to another depending on the location and types of accommodation.

Resale properties are also available here. Those who want to take a bigger house generally want to sell off the existing one and then select the bigger one. In these cases the realtors have the information and relevant background about the houses to be sold. So resale property information is best available from enlisted realtors of Burlingame Real Estate market.

Burlingame Real Estate market has witnessed a boom for another reason. It is now a growing industrial area so people associated with this growing place owing to their professions are in search for their accommodations. Home loan rules are easy and rates are also attractive so people prefer to purchase their own home instead of taking rented apartments.

Burlingame attracts considerable amount of tourist for its comfortable weather; naturally, there is a good demand for vacation houses. Foreign real estate investors also find this place good for investment because of peaceful environment and good legal protection.

It is always wise to contact a reputed Burlingame realtor before purchase, sale, or renting any property for real estate investment.

With Burlingame homes for sale ranging anywhere up to almost $ 2.5 million, it is a major investment when you try and buy a home in the Burlingame area of San Mateo. Likewise, when you want to sell your home in Burlingame, it is a big financial decision as well. Hence, you need a top quality Burlingame realtor who knows the region well enough. As an upscale housing customer, people will always be picky and only choose after a long and deliberate process. A good realtor allows that to happen by showing the customers what they want and fixing the proper price for the sellers in the area.

Just like Burlingame, the neighboring area of Hillsborough also epitomizes an upper class locality, being one of the wealthiest residential localities in America. Again, Hillsborough Homes for sale can fetch anything up to $3 million or more. Hence, whether you buy or sell property in Burlingame and Hillsborough, depend on a good realtor to help you through the process.

Right now the Hillsborough luxury home market is a buyer's market with lots of inventory to choose from. Hillsborough prices still remain high though and the reason why? Hillsborough is ranked in the top 10 most expensive towns in the U.S. to reside in.
Here is some data for real estate Hillsborough homes for sale the week of July 15, 2009:
[Source: Trulia.com]

Average List Price- $4,044,528, decrease of 0.6% or $23,500 compared to the prior week.
Median Sales Price- $2,597,500 up 3.8% y-o-y
Average price per sq. ft. - $854.00 up 3.9% y-o-y.

The median sales price for Hillsborough homes for sale for the period April 2009 to June 2009 was $2,597,500 based upon 22 homes that sold. This was an increase of 3.8%, or $95,000 from the same time last year, while the total number of home sales decreased 31.2%.

There are currently approximately 84 homes in Hillsborough, 24 homes in either pre-foreclosure, foreclosure auction or REO's. The most popular neighborhoods in Hillsborough are Hillsborough Park and Lakeview, with average list prices of $3,391,934 and $3,417,743, respectively.

It is still a buyer's market, but prices appear to be holding at the moment. Hillsborough Realtor and MLS data reflect only 30% of the properties decreasing their lists prices. Either the sellers are holding out for their price or the buyers are waiting for prices to drop, but it is clear that 1/3 of the Hillsborough homes for sale are overpriced. Serious Hillsborough sellers have priced their homes to sell. Jumbo loans are available with 30% down. As a Hillsborough Realtor, it is my job to keep clients informed on the Hillsborough and surrounding area market trends so that clients can adjust their prices according to market conditions.

Why Choose Hillsborough? Ask any Hillsborough Realtor and they will tell you Hillsborough has it all. Some of the most prime real estate in the country with unsurpassed beauty and charm, a superb location with close proximity to SFO, the City, the Valley and the Coast. Also, Hillsborough schools are ranked top for San Mateo County.

The word Sybarite, or a person devoted to pleasures and luxuries, was chosen as our company name because 46% of millionaire households own investment real estate and we want to help you realize those dreams. Phil Chen and the Sybarite Investments team practice what we preach and understand all aspects of real estate from all angles to be able to negotiate analyze and execute to your advantage. Please contact us today at Phil@Sybariteinv.com or give us a call at (415)-271-1920.

For those of you who are in the market for a luxury Burlingame property, or are interested in selling your home, here is the market report for Burlingame homes for sale for a 12 month period:

According to RealtyTrac, home values are down 17.55% over a year ago. The median home price the last 12 months is $1,054,320.00. You can see the Burlingame market trends below:

Here is some additional data for Burlingame homes for sale July 2009:

Median List Price $1,386,500.00
List Price per Sq. Ft. 647.00
Median Sq. Ft. 2,170 sq. ft.
Median Lot Size 4,501-6,500 sq. ft.
Days on Market Average 101

There were 80 homes for sale in Burlingame last week, with an average list price ranging from $540,000 - $3,295,000. The median list price for Burlingame homes for sale last week was $1,386,500.00 . The average price for Burlingame homes for sale last week was $1,537.536. It's a buyer's market with plenty of homes for sale in Burlingame. So how come only 6 homes sold? Summer sometimes is slow, but in my opinion as a Burlingame Realtor, it looks like price might be a major reason. Homes for sale in the surrounding Burlingame areas have dropped, but homes for sale in Burlingame remain high. Burlingame sellers still have not realized that in order to sell, they have to start reducing prices. As a Burlingame Realtor, it is my job to keep clients informed on the Burlingame market trends so that they can adjust their prices to sell.

Overall home prices in the Marin and San Francisco area have been selling pretty consistently. So what's wrong with Burlingame when only 8% of the homes are selling? If it's not price, then it's the economy. Buyers are concerned about job stability and lenders are requiring up to 30% down to qualify for a mortgage. It does appear though that the most expensive homes are selling quicker than the lower priced homes, which is usually the opposite. While the economy still remains unpredictable, many home buyers will continue to be cautious as well.

Burlingame has much to offer tourists and residents alike. There are nine major hotels in the area, and San Francisco International Airport is located a few miles to the north. Close proximity to San Francisco. The city offers nature walks through wetlands as well as city streets filled with stores carrying the latest fashions and home furnishings and handcrafted gifts. You will also find some of the finest first class gourmet restaurants. There are free concert events Burlingame, family movie nights, Shakespeare in the Park, art festivals throughout the year and even an annual pet parade.

Whether you're looking for purchasing or selling assistance, corporate relocations, residential or commercial real estate investments to diversify your portfolio, Phil Chen and the Sybarite Investments team practice what we preach and understand all aspects of real estate from all angles to be able to negotiate, analyze and execute to your advantage. Please contact us today at Phil@Sybariteinv.com or give us a call at (415)-271-1920.

Here are 7 reasons why you should in invest in real estate Hillsborough California:

1. Hillsborough is ranked in the top 10 most expensive towns in the U.S. to reside in.
Average list prices of $4,044,528- need we say more?

2. Prime Real Estate is found in Hillsborough California.
Hillsborough has some of the most prime real estate in the country with unsurpassed beauty and charm.

3. A superb location.
Close proximity to SFO, the City, the Valley and the Coast. It's paradise. What more could you ask for?

4. Hillsborough schools are ranked top for San Mateo County.
Good schools give you peace of mind that your children are getting the finest education. Hillsborough schools are sought after.

Crystal Springs Upland School
Grades: 6 - 12
School Type: Private
Student Enrollment: 350
Students Per Teacher: 8

William H. Crocker Middle School
Grades: 6 - 8
School Type: Public
Student Enrollment: 466
Students Per Teacher: 19

Nueva School
Grades: PK - 8
School Type: Private
Student Enrollment: 375
Students Per Teacher: 42

West Hillsborough School
Grades: K - 5
School Type: Public
Student Enrollment: 372
Students Per Teacher: 13

South Hillsborough School
Grades: K - 5
School Type: Public
Student Enrollment: 275
Students Per Teacher: 11

North Hillsborough School
Grades: K - 5
School Type: Public
Student Enrollment: 340
Students Per Teacher: 11

(Source: Trulia.com)

5.Hillsborough California,  Prices are high and holding.
Some sellers are holding out, but serious motivated Hillsborough sellers have priced their homes to sell. There are also bank foreclosure opportunities available to purchase luxury Hillsborough homes for sale at discounted prices.

6. Interest rates are still low.
Rates are low, but are rising. Jumbo loans require a minimum 30% down payment.
• 30 Year Fixed, Approx 4.877%-5.367%
• Jumbo 30 year fixed 5.585% -6.235%
We can help you arrange financing because we have established relationships with lenders and investor that we know and trust.

7. It's a Buyer's Market.
There is a large selection of homes for sale in Hillsborough to choose from. It is still a buyer's market although prices are holding and still high. There are approximately 84 homes Hillsborough homes for sale as of July 15, 2009, with 24 foreclosure properties that are in some state of foreclosure or are REO's (real estate owned). The average list price is $4,044,528.
Popular neighborhoods in Hillsborough include Hillsborough Park and Lakeview, with average listing prices of $3,391,934 and $3,417,743.

Phil Chen and the Sybarite Investments team practice what we preach and understand all aspects of real estate from all angles to be able to negotiate analyze and execute to your advantage. Please contact us today at Phil@Sybariteinv.com or give us a call at (415)-271-1920.

There are approximately 45 foreclosure homes for sale in Burlingame right now that are either pre-foreclosure, foreclosure auction or REO's. If you are looking for investment opportunities, timing is perfect with a high inventory of Burlingame homes for sale. Foreclosure homes are ranging on the low end from approximately $250,000 to $1,700,000. Popular neighborhoods in Burlingame include Easton Addition and Lyon Hoag, with average list prices of $1,513,502 and $912,381.

As a Burlingame Realtor, my advice is to invest in Burlingame and surrounding area foreclosure properties now while interest rates are still low because rates are on the rise and you may miss the opportunity of a lifetime to own Burlingame real estate. If you are concerned about financing, we can help you arrange your financing. Whether you need a conventional or jumbo loan or private financing does not matter because we have established relationship with lenders and investors in the area.

To find out more about Burlingame homes for sale and investment opportunities or information about selling your home, please contact Phil Chen and the Sybarite Investments team at Phil@Sybariteinv.com or give us a call at (415)-271-1920. We practice what we preach and understand all aspects of real estate from all angles to be able to negotiate analyze and execute to your advantage.

Hillsborough Foreclosure Opportunities

There are approximately 24 foreclosure Hillsborough homes for sale right now that are either pre-foreclosure, foreclosure auction or REO’s. Market conditions are perfect for investing with low interest rates and a high inventory of Hillsborough homes for sale. Foreclosure homes are ranging on the lower end from approximately $600,000 to $3,000,000. Popular real estate Hillsborough neighborhoods include Hillsborough Park and Lakeview, with average listing prices of $3,391,934 and $3,417,743. As a Hillsborough Realtor, my advice is to invest in Hillsborough and surrounding area foreclosure properties now because it’s still a buyer’s market, but interest rates are on the rise so don’t wait too long.

Hillsboro real estate prices are holding on the high side which makes purchasing real estate Hillsboro foreclosure property a smart investment. Hillsborough is ranked in the top 10 most expensive towns in the U.S. to reside in. Don’t miss the opportunity of a lifetime to own luxury Hillsborough real estate. Take advantage of investment opportunities today! We can help you arrange financing, whether a conventional or jumbo loan or private financing because we have established relationship with lenders and investors in the area.

To find out more about Hillsborough investment opportunities or information about selling your home, please contact Phil Chen and the Sybarite Investments team at Phil@Sybariteinv.com or give us a call at (415)-271-1920.

28 Mountain Wood Hillsborough CA is a 6br 6.5ba 6800sf new Tuscan Style home. Completion in October, but act fast and you can still pick some finishes. Suggested Asking Price $4,598,000

Have you  always wondered what the benefit of an "Off Market" listing was, since you don't get the exposure you'd normally want to sell a home?  But that's also exactly the reason you want to keep it off.

Here are some reasons to list "Off Market":

-Gives you an opportunity to gauge interest and pricing prior to officially listing via traditional methods

-Gives the Buyer a perceived value (e.g. finding something not listed yet etc)

-Let's you market and sell your home without nosy neighbors and the "looky looks" Open houses often attract

-Sometimes the home is already overexposed and hasnt Sold for one reason or another. You aren't that desperate and feel Listing it in this market automatically gives Buyers that perception, so an "Off Market" listing could be promoted to local Realtors for when they do have clients for it and/or to officially jump back into the market at a better time?

Here's a List of "Off Market" Listings I'm aware of or mine. Alot of these could be great deals for the right Buyer!

Contact me with any interest 415-271-1920

San Francisco Homes For Sale

-Royal Tower 1750 Taylor prime co-op living and premium San Francisco views approx 3500sf of professionally remodeled and decorated space (Must be pre-screened prior to showings). Principals Only!

-Ashbury Heights SFR 2br 1bth on coveted street next to Buena Vista Park $1,100,000O NOT LISTED

South San Francisco Homes for Sale

-Terra Bay Development 1700sf townhouse 3br 2.5bths, Bay and Mountain views $758,000 or Lease/Lease Option $2700/month

-One Mandalay Place #1602 1br 1bth Penthouse with Mountain Views and 10ft ceilings $495,000 or Lease $2800

Peninsula - Homes for Sale in San Mateo, Burlingame, Hillsborough

-San Mateo 3br 2.5ba 4yr old detached Townhouse with 1831sf, Baywood Schools $875,000 "Best Deal"

-Millbrae 3br 2.5ba 2000sf remodeled Mill Estates with new pool and waterfall $1.25m

-Burlingame Park 5br 3.5ba 3000sf total remodel on corner lot $2m

-Burlingame Park 5br 3.5ba 3700sf totally remodeled and expanded, right around the corner from Pershing Park Coming Soon!

-Burlingame Easton Addition Spanish Style 5br on Hillside $1.67m

-Hillsborough Hills remodeled "Modern" ranch 4br 2ba 2900sf on a 21,600sf lot Suggested Asking $1.9m "Principals Only" Great Starter Home!

-Hillsborough Hills 4br 3ba plus two offices architecturally remodeled to foundation on a half acres cul-de-sac with KILLER views! $3m

-Hillsborough Park 4br 3.5bths 3400sf on .7 acre lot walls of glass and open living spaces, South Hillsborough $2.275m All Offers Welcome! "Off Market"

-Lower Hillsborough Country Club Area 5br 3900sf, pool, .5 acre flat lot $3.5m "Principals Only"

-Hillsborough development opportunity to buy and finish a 4br 4200sf home with plans and halfway through construction for instant equity. Asking $2.5m with another $500k needed to complete project estimated to be worth $3.9m upon completion.

-Hillsborough Stonebridge Spanish 6br 6.5bths 6915sf on 1+acre corner lot built in 2006 "Best Deal" on Mountain Wood Lane $4.698m

-Hillsborough Stonebridge NEW construction 6br 6000sf with VIEWS Opportunity to customize some finishes "Coming Soon" $4.75m

The last few months have seen things begin to sell and that's a good sign! The most expensive ones being 18 Mountain Wood for $5.1m and 809 Irwin Drive for $5.3m and the next highest being $3.5m or less.

There has been some distressed homes in Hillsborough such as Kenilworth that recently came back on when the Buyer walked do to excessive deferred maintenance issues and the home on Fairway Circle that seems like a good deal, except the agent doesn't return calls or emails (hopefully he doesn't respresent you)?

Burlingame has seen some nice spec homes sell or are Pending and other tear downs or fixers on the West Side at prices I haven't seen before (e.g. 1212 Balboa).

There's been a surge of "off market" Listings that have been popping up, one on 775 Bowhill and 5 Mountain Wood Lane that are mine. The "off market" method gives the Buyer a chance to evaluate pricing, less hassle of Open Houses, and gives a Buyer a perceived value, but the bad (also the good) things is the lack of exposure.

Contact me to find out more about any "off market" Listings!