Navigating Burbank's Thriving Real Estate Market: A Realtor's Insight

If you're considering a move to or within the beautiful city of Burbank, you're in for a real estate adventure like no other! As a local realtor with a passion for helping individuals and families find their dream homes, I'm excited to share the latest market update for one of Burbank's most sought-after zip codes: 91505.

September 2023: An Overview

In the month of September 2023, the real estate market in Burbank's 91505 zip code was buzzing with activity. Here's a snapshot of the key statistics:

Active Listings: There were 25 active single family listings in this vibrant neighborhood.

Homes Sold: A total of 12 homes found their new owners, making it a dynamic period for buyers and sellers alike.

Median Listing Price: The median listing price for properties in 91505 stood at $1,174,500. This reflects the desirability of the area and the value it offers to homeowners.

Average Time on the Market: Properties in this zip code spent an average of just 14 days on the market. This rapid turnover is a testament to the strong demand in the area.

Price per Sqft: The price per square foot averaged an impressive $857, underlining the excellent investment potential for both buyers and sellers.

Median Sold Price: The median sold price was $1,270,000, showcasing the solid return on investment that properties in 91505 can provide.

What These Numbers Mean for You

If you're a prospective buyer, these statistics signal the need for a proactive approach. With homes selling quickly and a competitive market, it's crucial to have a knowledgeable realtor by your side. I'm here to help you navigate the process, find the right property, and make a winning offer.

For sellers, the low average time on the market and strong median sold price indicate a favorable climate. It's a seller's market, and with the right marketing strategy and pricing, you can maximize the return on your investment.

Get in Touch

Whether you're a buyer or a seller, these numbers paint a picture of a dynamic real estate market in Burbank's 91505 zip code. If you're ready to explore your options or have any questions about the local market, don't hesitate to reach out to me. I'm here to assist you every step of the way.

👨‍💼 Kenneth Linares

🏢 JohnHart Real Estate

☎️ (310) 299-6808

📧 kenneth@jhagents.com

Burbank's real estate scene is flourishing, and I'm excited to help you be a part of it. Let's turn your real estate dreams into reality!