Here are the latest Burbank and Studio City real estate sales statistics from the Tempo/MLS system. Please note these are sold figures for the last six months.Burbank home and condo sales, 7/1/08-1/15/09:
Average price for 2 bedroom home: $498,500
Average price for 3 bedroom home: $620,700
Average price for 4 bedroom home: $714,800
Average days on market: 79
Studio City home and condo sales, 7/1/08-1/15/09:
Average price for 2 bedroom home: $655,000
Average price for 3 bedroom home: $955,000
Average price for 4 bedroom home: $1,395,000
Average days on market: 61
Please contact me if you'd like me to run the numbers on any other local areas.
