Market Report

Burbank

CONDO MARKET REPORT

June 2019

93

Unchanged
EXISTING BUILDINGS

15

⬇ 6%
BUILDINGS WITH AVAILABLE INVENTORY

104

Unchanged
AVAILABLE UNIT INVENTORY

UNIT DETAIL TRENDS

  • 1BR

  • $542k

    ⬇ 16%
    AVG. SALES PRICE
  • $504

    ⬆ 34%
    AVG. PRICE PER SQ.FT.
  • $2,786

    Unchanged
    AVG. RENTAL PRICE
  • 5

    AVAILABLE UNITS
  • View
  • 2BR

  • $558k

    AVG. SALES PRICE
  • $453

    AVG. PRICE PER SQ.FT.
  • $3,787

    Unchanged
    AVG. RENTAL PRICE
  • 63

    AVAILABLE UNITS
  • View
  • 3BR

  • $721k

    AVG. SALES PRICE
  • $465

    AVG. PRICE PER SQ.FT.
  • $8,593

    ⬆ 5%
    AVG. RENTAL PRICE
  • 33

    AVAILABLE UNITS
  • View
  • 4BR

  • $749k

    AVG. SALES PRICE
  • $341

    AVG. PRICE PER SQ.FT.
  • $3,947

    Unchanged
    AVG. RENTAL PRICE
  • 3

    AVAILABLE UNITS
  • View
This data is a snapshot as of the 15th of the month and provides a comparison to the prior month’s snapshot

 

MOST SALES ACTIVITY

PRIOR MONTH

MOST LISTINGS

SNAPSHOT ON THE 15TH OF THE MONTH

DATA DISCLAIMER: The data used in the Condo Market reports has been aggregated from multiple data sources. The proprietary report data is updated on or about the 15th of each month so that closed sales data reported to Condo.com from the prior month can be incorporated. For example, the April Report reflects closed sales for March and active inventory data reported on April 15th. The report is a snapshot of the market and not a dynamically updated report with real time data. The Market Report data is for informational purposes only and should not be exclusively relied upon when making a sale or purchase decision. Please consult a licensed real estate broker, agent or attorney when making a purchase decision.


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