Burbank Real Estate Market Sees Home Sales Fall

In this week's report, the number of homes sold in the Burbank market slid to six over the past 30 days, a decrease of 25.0% from last week's report, but still above the monthly average. On the other hand, the close-by Hayward Highland neighborhood registered 16 homes sold in those same 30 days, the most of all surrounding neighborhoods. Prices are rising in Burbank, and the median sales price this period increased from $593,500 to $616,500.

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Demographic facts for Burbank:

  • The population has increased 13.0% over the past 10 years.
  • The safety rating here is 40. (Scale: 1 = Worst, 100 = Best)
  • People in this area have an average commute to work of 32 minutes.

Data reported through 10/12/2016


Ask a local expert about this area:
Keller Williams Benchmark Properties
KW Peninsula Estates
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Excel Realty
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