05/17/2026
🌧️April 2026 latest statistics…
🌆Report shows Burbank, is a market that is still considered desirable, active, and relatively resilient compared to many surrounding areas in Los Angeles County.
🏠Burbank tends to hold value well because of:
* its strong school reputation,
* proximity to major studios and media jobs,
* suburban feel with city access,
* and limited housing inventory.
So when you look at these numbers together:
* Only 67 active listings → not many homes available for a city as desirable as Burbank.
* Homes selling in under 25 days → buyers are still moving quickly when a property is priced right.
* Median sold price over $1.2M → confirms Burbank remains a premium market.
* Listing prices much higher than sold prices → sellers are optimistic, but buyers are becoming more selective and negotiating more carefully.
📍What this says about Burbank right now
Burbank is not a “cooling” market in the sense of collapsing demand. Instead, it’s becoming a more balanced luxury-suburban market where:
✔️serious buyers are still purchasing,
✔️overpriced homes may sit longer,
✔️and updated, move-in-ready homes likely perform best
If you’re interested in buying or selling in Burbank (or anywhere else), get me involved! 📲
🔑Talin Mishigian
REALTOR® | DRE 02151421
📧 [email protected]
🌐 talinsells.com
JohnHart Real Estate | DRE 01873088
Real Estate Redefined®
