Sales Down in Burbank Real Estate Market

The Burbank market pulled back with a 3.0% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (24.0) with 32 homes sold. Within the same time frame, Chicago had 2,488 sales, the most of all cities in the area. Potential buyers should note that prices are coming down in Burbank, and for this period the median sales price slid from $178,000 to $173,450. There are only three months of inventory available in Burbank, so it's a seller's market, even with the decrease in sales.

If you're looking for a home with plenty of bathrooms, then be sure to go see these listings with the most bathrooms in Burbank:

$369K   $419K   $219K  

Get started right now by checking out Burbank homes for sale or reviewing Burbank real estate trends.

Demographic facts for Burbank:

  • The average age of houses in this area is 47 years old.
  • The average snowfall is 39.1 inches per year. (U.S. average: 25)
  • The rating for job market growth is 45. (Scale: 1 = Worst, 100 = Best)
  • The average expenditures for each student in the area is $4,936. ($5,691 = national average)

Data reported through 10/12/2016

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Ask a local expert about this area:
Wilk Real Estate
4 reviews
Century 21 Affiliated
Snapped 3 homes in this area
Flipside Realty
Snapped 1 home in this area

Agents that specialize in this area
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