Burbank, CA Market Update for June 2007

Here are the latest real estate market statistics for Burbank, CA area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 30.9%*

Average	May 2007	June 2007	% Change
Asking Price	$652,385	$675,887	3.6%
Sales Price	$646,430	$664,932	2.9%
% of Asking Price	99%	98%	-1.0%
$/SQFT	$439	$449	2.3%
Days on Market	75	42	-44.0%
Total Transactions	92	69	-25.0%

Search for homes in Burbank, CA and read a neighborhood overview of the Burbank, CA area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 7/9/2007: 569 properties on the market with 176 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.