Intero's Market Report

Burbank, CA

Single-Family Homes



Burbank, CA

Tue Sep 28 2021
This week the median list price for Burbank, CA is $1,159,500 with the market action index hovering around 63. This is less than last month's market action index of 69. Inventory has decreased to 76. Click here to stay informed with the Burbank market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Burbank, CA

Tue Sep 28 2021
This week the median list price for Burbank, CA is $1,159,500 with the market action index hovering around 63. This is less than last month's market action index of 69. Inventory has decreased to 76. Click here to stay informed with the Burbank market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Burbank market.
Median List Price $1,159,500
Median Price of New Listings $992,000
Per Square Foot $741
Average Days on Market 58
Median Days on Market 35
Price Decreased 25%
Price Increased 14%
Relisted 13%
Inventory 76
Median Rent $6,900
Market Action 63
Strong Seller's Market

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,995,000 2,763 6,500 - 8,000 sqft 4 3 68 1 2 70
$1,290,000 1,850 6,500 - 8,000 sqft 3 2 81 5 3 35
$1,009,900 1,521 6,500 - 8,000 sqft 3 2 80 5 5 35
$840,000 964 6,500 - 8,000 sqft 2 1 79 7 4 70