How did Burbank real estate sales of 2009 compare to those of 2008?  Like most southwest suburbs, there was an increase in sales for single family Burbank homes sold, but decreases in prices and Burbank condos showed complete decreases.  This is the first time since at least 2005 that the average price for single family Burbank homes is under $200,000!

Detached Single Family Burbank Homes Sold

# of Houses Sold% Change  |  Average Sale Price  |  % Change
2009     |   2008    |                     |     2009      |  2008

193            132             46.2%        $182,342   $218,667      -16.6%

Attached Burbank Condos and Townhomes Sold

Attached single family is the combination of Burbank condos, townhomes, duplexes, etc.

# of Properties Sold% Change  |  Average Sale Price  |  % Change
2009     |   2008        |                     |    2009      |   2008

7                8                 -12.5%        $103,857   $132,638        -21.7%

To see Burbank property sales statistics from 2005-2009, click the link.

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