The housing market in Burlingame continues to see strong price appreciation, with values up 13.7% compared to last year. Home prices have increased 18.9% in the past month alone. At the current pace, all available homes in Burlingame would sell out in just 0.9 months, indicating a continued supply shortage. Homes are taking about 13 days to sell, which is -11 days longer than this time last year. Approximately 45.5% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Burlingame market with the affordability index at 543.7. Market projections suggest continued price appreciation in the coming months as demand outpaces supply.