BURBANK ECONOMIC INDICATORS Homes Sale Activity, Days on the Market

Burbank Housing Market Update, Burbank Economic Indicators, Burbank Realtor (818)968-3718, Lupe Soto

1. Burbank Homes Sale Activity (*):
   # Sold in January 2008, 48
   # Sold in January 2007, 75
   Median Price January 2008, $544,500
   Median Price January 2007, $632,500
   % change -13.91%
   
   
2. # Sold in February 2008, 23 (5 condos & 18 houses)
   Median Price House 2 Brs, $400,000
   Median Price House 3 Brs, $610,000
   Median Price House 4 or more Brs, $920,000
   Median Price Condo, $348.800
   Residential Active Listings, 105
   Condo Active Listings, 49
   Time on Market, Total Units Sold, 23
   Average Market Time DOM, 109.7 days on the market
   Types of Financing, conventional loans, 23
   
   
3. # Sold in March 2008, 15  (as of 03/25/08) will update last day soon
   Median Price House 2 brs, $450,000
   Median Price House 3 brs, $655,000
   Median Price House 4 or more brs, $665,000
   Median Price Condo, $375,000
   Residential Active Listings, 105
   Residental Active Condos, 49
   Time on Market, Toal Units Sold, 15
   Average Market Time DOM, 60.3 days on the market
   Types of Financing, conventional loans 11, cash 4

The accuracy of all information regardless of source, is deemed reliable but is not guaranteed and should be independtly verified by a professional

============================================================================

If you are considering buying, selling or leasing in Burbank CA, Toluca Lake or any area in San Fernando Valley,

Contact Lupe Soto, Burbank Realtor® in California, Lupe is a member CAR California Assoc of Realtors, member NAR National Association of Realtors, Bilingual Realtor & Member of NAHREP (National Assoc Hispanic RE Professionals, Feng Shui Realtor, Lupe is available to help you list or lease your property in 60 days or less with results, to purchase a property in foreclosure, bank owned, REO's, Residential Income Property or to help you find a lease, lease with option to purchase, to assist you with your relocation needs to Burbank CA, Toluca Lake, San Fernando Valley, Santa Clarita Valley, Antelope Valley in Los Angeles County CA, whether you are considering to buy/lease a small condo, a horse property in Burbank Equestrian District, new construction home/condo , Burbank Estates, a Pool Home, Leasing Services, Land Agent. Lupe is available to offer you her expertise and dedication to make your real estate transaction a successful one. I am committed to building wealth for you!