Empower Journal  /  Burbank  /  2026-W45

Burbank Holds Seller Conditions Despite Price Softening

Burbank's residential market closed 141 sales over the past 90 days at a median of $1.15M, with supply tight enough at 2.6 months to keep the balance firmly in seller territory.

THE EMPOWER JOURNAL · 2026-W45 Burbank WEEKLY MARKET PULSE · SOURCED FROM CRMLS MEDIAN SALE, TRAILING 90 DAYS $1.15M
Burbank · Median Sale Price -3.2% vs prior period $1.19M Prior 90 days $1.15M Latest 90 days Source: CRMLS, residential closed sales. Verified live.
$1.15M
Median Sale
141
Closed (90 days)
$743
Median per SqFt
22d
Median DOM
120
Active Listings
2.6
Months Supply

The sale-to-list ratio of 100% confirms that buyers are meeting sellers at asking price on average, even as the median sale price slipped 3.2% versus the prior period. That combination tells me pricing discipline matters now more than it did six months ago. Sellers who overprice are sitting; sellers who price to the market are closing in 22 days.

Notable Closed Sales

AddressSale PriceSpecs
1333 Valleyheart DR$3.10M6 bd / 5 ba
3519 Folkstone CT$3.08M5 bd / 5 ba
314 Orchard DR$2.30M5 bd / 4 ba
3032 Amigos DR$2.25M4 bd / 5 ba
1222 Lincoln ST$2.25M4 bd / 5 ba
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Jonathan Max
Director of Operations · DRE #02185641
(818) 653-5303 · jonathan@empowerburbank.com
This market letter was prepared with AI assistance and reviewed for data accuracy against CRMLS. Figures are sourced from CRMLS and reflect the trailing 90 days for Burbank. Prepared by Empower Real Estate.