Archive for August 2008

Burbank Home Sales July 2008

9. August 2008 by Burbank Real Estate.

HOME SALES REPORT
Beginning Date: 7/1/08 Board Number: B Ending Date: 7/30/08
City: brb Area: All Price Range: $0 - ALL
Single Family Sales - Residential Other Statistics
Price Class Bedrooms
2 OR Less 3 4 Or More Condo Sold Residential Active Condo Active
$0 - $99,999 0 0 0 0 0 0
$100,000 - $149,999 0 0 0 0 0 0
$150,000 - $199,999 0 0 0 0 0 1
$200,000 - $249,999 0 0 0 0 0 0
$250,000 - $299,999 1 0 0 1 0 3
$300,000 - $324,999 0 0 0 1 1 2
$325,000 - $349,999 0 0 0 0 0 2
$350,000 - $374,999 0 0 0 0 0 2
$375,000 - $399,999 0 0 0 2 0 4
$400,000 - $424,999 0 0 0 0 2 3
$425,000 - $449,999 0 1 0 0 5 3
$450,000 - $474,999 2 0 0 0 1 1
$475,000 - $499,999 1 1 0 1 9 0
$500,000 - $549,999 1 0 0 1 7 1
$550,000 - $599,999 1 0 0 3 11 3
$600,000 - $649,999 0 3 0 0 12 2
$650,000 - $699,999 0 1 0 0 10 0
$700,000 - $749,999 0 0 0 0 12 0
$750,000 - $799,999 0 2 0 0 13 0
$800,000 - $999,999 0 1 0 0 4 0
$1,000,000 - $1,999,999 0 0 1 0 12 0
$2,000,000 and over 0 0 0 0 1 0
Totals 6 9 1 9 100 27
Average Price 459.3 658.1 1189 451.8 733.9 414.1
(In Thousands $)
Median Price 465 610 1189 490 650 399
(In Thousands $)
Time on Market UNITS
1-30 Days 7
31-60 Days 2
61-90 Days 1
91-120 Days 5
121-180 Days 9
More than 180 Days 1
Total Units Sold 25
Average Market Time 92.4
Types of Financing UNITS
AITD 1
ASSM 0
CONV 23
CASH 0
FHA 1
CAL 0
LANDC 0
OTH 0
OWN 0
PRVT 0
TRUST 0
VA 0
NO FINANCING REPORTED 0
TOTAL 25

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Housing Statistics for June 2008….Burbank Real Estate and Surrounding Areas!

3. August 2008 by Burbank Real Estate.

houses-on-graph.jpg

As you can see the downward trend is continuing, but certain communities are doing better than others. Burbank real estate sales of condos and single family residences were down 13.71% for the month of June, while sales in neighboring Studio City were only down 3.05%.

Real estate is local, which is why it pays to have a knowledgeable realtor on your side!

Home Sales For June 2008

Los Angeles County

5,057

$415,000

$548,000

-24.27%

AGOURA HILLS

20

$763,500

$752,500

1.46%

BURBANK

66

$544,500

$631,000

-13.71%

CALABASAS

18

$1,435,000

$1,020,000

40.69%

CANOGA PARK

59

$395,000

$479,900

-17.69%

CHATSWORTH

25

$395,000

$588,000

-32.82%

ENCINO

55

$575,000

$699,500

-17.80%

GLENDALE

79

$645,000

$730,000

-11.64%

LA CANADA FLINTRIDGE

13

$960,000

$1,400,000

-31.43%

LA CRESCENTA

27

$610,000

$672,500

-9.29%

LOS ANGELES

592

$515,000

$571,000

-9.81%

MONTROSE

5

$500,000

$518,750

-3.61%

NORTH HOLLYWOOD

64

$380,000

$577,500

-34.20%

SHERMAN OAKS

57

$700,000

$782,500

-10.54%

STUDIO CITY

26

$970,500

$1,001,000

-3.05%

SUN VALLEY

21

$309,000

$494,500

-37.51%

TUJUNGA

21

$417,500

$499,000

-16.33%

VALLEY VILLAGE

9

$435,000

$714,000

-39.08%

WOODLAND HILLS

51

$535,000

$735,000

-27.21%

San Fernando Valley

865

$400,000

$555,000

-27.93%

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