On August 16, 2017, California associations of Realtors (C.A.R) reported that nationwide median list price for a home was $757,500 in Burbank, California in July of 2017 lower from $845,000 in June of 2017, but gained from $735,000 in July of 2016. The average price per squre feet of a home was $516.00 in July of 2017 declined from $533.00 in June of 2017, but jumped from $486.00 in July of 2016 in Burbank, California.
Homes averaged 14.5 days in the market in July of 2017, up from 14.0 days in June of 2017, but fell from 27.0 days in July of 2016. While, an average there were 3.4 months inventory of homes available in the market in July of 2017, rose from 2.4 months in June of 2017, and higher from 1.8 months in July of 2016, in Burbank, California according to C.A.R in August of 2017.
For complete more detailed information about C.A.R’s real estate market stats for July of 2017 in Burbank, California, please CLCK HERE