Burbank, CA
Real Estate Trends

November 2016 Market Trend Report

THIS CITY IS A

BUYER'S MARKET

WHY IS IT A BUYER'S MARKET?

HOMES ACTIVE
HOMES SOLD
BUYER'S MARKET
SELLER'S MARKET

Looks like demand
is LOW in this area!

Home types

WHAT TYPES OF HOMES ARE SELLING?

Single family homes

10

SINGLE FAMILY HOMES

Condos

4

CONDOS

Townhouses

4

TOWNHOUSES

MEANWHILE...

18

HOMES LISTED

1
Sold Already!

HOW MUCH DID BUYERS PAY

Sold Prices for November

HOW MUCH HOMES LISTED FOR?

Median List Prices

$750k
$679k$724k$769kNovOctSepAugJulJun

HOW FAST DID HOMES SELL?

Days on Market - Sold in November

UNDER
1 MONTH
1Homes
1-3
MONTHS
13Homes
OVER
3 MONTHS
4Homes

HOW LONG DID IT TAKE FOR HOMES TO SELL?

Median Days on Market for Sold Listings

56
DAYS
16%
5357616569NovOctSepAugJulJun

And finally...What's the hottest street in

Burbank

e angeleno ave

NEARBY REAL ESTATE TRENDS

For November 2016, Burbank, CA has been a buyer's Market - demand in this city is low. The inventory of homes for sale in Burbank, CA was 123 and 18 homes were sold.