Over the last 30 days, the Burbank market showed gains with five homes sold. It marks a 25.0% increase from last week's report, while also topping the average sales volume for the prior 12 months. Within the same time frame, the Cambrian Park neighborhood had 73 sales, the most of all neighborhoods in the area. Potential buyers should note that prices went up in Burbank, with the median for this period rising from $740,000 to $748,000. Along with the increase in sales, the fact that there is a lower-than-normal one month of inventory indicates that Burbank is a definite seller's market.
Early bird gets the worm, so be sure to take a look at these new listings in Burbank:
Get started right now by checking out Burbank homes for sale or reviewing Burbank real estate trends.