Burbank Real Estate Blog

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Burbank Real Estate Sales for March 2009

 

Burbank Real Estate Report -March 2009

SFR

Avg Sale Price-2 bed

SFR

Avg Sale Price-3 bed

SFR

Avg Sale Price-4 or more bed

Condos

Avg Sale Price

Condos

Units Sold

Total Avg List Price

Total Avg Sale Price

Total Units Sold

Avg DOM

$407,700

$512,100

$734,200

$374,500

15

$509,101

$478,647

38

59

Recap:

Days on market are down to 59, from 63 in February.

Average sale price is up almost 3% from February.

Total homes sold rose to 38 as compared to 28 in February.

Overall the trend is looking better as prices are stabilizing, more homes are selling and the time on market is decreasing.


Information is believed to be accurate, but not guaranteed

 

 

 

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