Friday, November 06, 2009

Burbank Homes for Sale

Burbank Real Estate & Homes for Sale

There are currently 101 active homes for sale in Burbank.  Of these, 8 are Burbank bank owned homes and 16 are Burbank short sale homes. There are 10 luxury homes in Burbank priced over $950,000.

Burbank real estate statistics:
The montly supply of inventory from October '08 to October '09 is down 61.4% for single family homes in Burbank, CA

The average days on market has decreased 21% during this time frame to 47 days.

The number of homes for sale has fallen 52%.

From the graphs above, the supply of homes available for active buyers has been reduced dramatically because more homebuyers in Burbank are in the marketplace.

Source: Homes.LA, Terradatum


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