- calendar_month January 20, 2025
- folder Absorption Rate
The housing market in Burbank’s 91505 area continues to show steady activity as we start the year. Here’s a quick look at the latest data:
• Active Listings: There are currently 15 homes on the market, offering buyers a range of options.
• Median List Price: Homes are listed at a median price of $1,290,000, reflecting the competitive nature of the area.
• Days on Market: Properties are averaging 35 days on the market, suggesting a moderate pace of sales.
• Homes Sold: In the last 30 days, 8 homes were sold, with a median sold price of $1,218,500.
• Price Per Square Foot: The average price per square foot in 91505 stands at $899, highlighting the value buyers place on this desirable neighborhood.
Burbank 91505 remains a sought-after area known for its proximity to studios, strong community feel, and convenient location. Whether you’re looking to buy or sell, these numbers reflect a healthy balance in the market.
If you’re considering a move or want to discuss how these trends could affect your real estate goals, feel free to reach out. Let’s make the market work for you!