Burbank - Average Home Sales Prices - 3 Years Running

Burbank - Average Home Sales Prices - 3 Years Running

Burbank is one of those cities that have a high demand due to it's proximity to the entertainment industry, namely the television and film studios.  Burbank homes tend to not only hold their value extremely well, but have the greatest potential for equity gain.  Burbank does have quite an ectlectic range of values due to it's proximity to adjacent cities that have much different geographical settings.  It borders the cities of Toluca Lake, Glendale, Sun Valley, North Hollywood, and unincorporated areas of the City of Los Angeles.  Both Disney and NBC Studios are located in Burbank and employ many thousands of people.  Downtown Burbank is one of the busiest, sought-after destination points for restaurants, shopping and entertainment.  The Empire Center is also one of the largest shopping centers.  Burbank airport is highly utilized as an alternative to the distant and much busier LAX International Airport.  Flying out of Burbank airport is a breeze compared to LAX!  Interstate 5 freeway runs directly through the center of Burbank, and the 134 freeway runs through the southern tip.  Without traffic, Burbank is about 12 minutes to Hollywood, and 25 minutes to Downtown Los Angeles.

Below is a dynamic, interactive graph of the past 3 years running, average sales prices for single family homes, and a separate graph for condominiums and townhomes: 

 

 Single Family Homes:

 

Condos and Townhomes:

 

 The boundaries of Burbank are roughly:  West of Glendale, East of North Hollywood, South of Sun Valley, and North of the Griffith Park area.

 Map of Burbank:

 

If you are interested in what Burbank single family homes and condos are currently for sale, click the links below:

Burbank Single Family Homes for Sale

Burbank Condos and Townhomes for Sale

 

Ralph Gorgoglione / Realtor / HAFA Certified Short Sale Facilitator
Top 3% Realtors Nationwide
 John Aaroe Group  /  BRE #01708344
(310) 497-9407 / (661) 927-7355 / (800) 591-6121  /  Fax:  (866) 470-2717
Web:  RalphandRichard.om  /  Blog:  HomeChitChat.com
 
 

 

 

Comment balloon 2 commentsRalph Gorgoglione • October 17 2015 07:25AM
Burbank - Average Home Sales Prices - 3 Years Running
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