Burbank Real Estate Market Sees Home Sales Fall

The Burbank market remained slow this week as sales dropped 20.0% to land at four homes sold over the last 30 days. In comparison, the Fairway Park neighborhood had 11 sales in the same time frame, the most of all neighborhoods in the area. The median sales price rose to $583,500, up from last week's $580,000. With only two months of inventory to sell, Burbank is a solid seller's market, in spite of the dip in sales.

Any of these new listings in Burbank could be your dream home, so be sure to check them out:

$899K   $549K   $15M  

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

Demographic facts about Burbank:

  • The percentage of the population who rent their homes is 67.9%.
  • The job growth projection is 28.7% for the next 10 years.
  • The student-to-librarian ratio is 1,453:1. (803:1 = national average)

Data reported through 1/11/2017

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Ask a local expert about this area:
Excel Realty
Snapped 2 homes in this area
KW Peninsula Estates
Snapped 1 home in this area
Golden State Realty & Mortgage, Inc.
Snapped 1 home in this area

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