🔥 Burbank CA Real Estate Market Update – April 2025

Thinking about buying or selling in Burbank, California? Here’s your essential snapshot of what’s happening in the Burbank real estate market for April 2025 — based on the latest MLS data, local trends, and boots-on-the-ground experience.

📊 April 2025 Market at a Glance

• Median Sold Price: $1,115,000

• Price Change YoY: ▲ 2.8%

• Days on Market: 21

• Active Listings: 92

• New Listings This Month: 44

• Months of Inventory: 1.7 (Still a Seller’s Market)

• List-to-Sale Price Ratio: 101.3%

🏡 What’s Fueling Burbank's Market?

1. Low Inventory + High Demand

Burbank remains one of the most competitive submarkets in the San Fernando Valley. With fewer than 2 months of inventory and days on market holding steady around 3 weeks, homes priced right are moving quickly — and often above asking.

2. Strong Buyer Interest in Walkable Neighborhoods

Areas like Magnolia Park, Media District, and the Rancho Equestrian neighborhood continue to draw buyers looking for a lifestyle that blends suburban calm with urban convenience. Proximity to major studios like Warner Bros. and Disney keeps Burbank on the radar for entertainment professionals and creatives alike.

3. Updated Homes = Top Dollar

Modernized single-family homes with ADUs, solar upgrades, and designer finishes are commanding premium pricing. If you're a seller, the market is rewarding move-in ready listings. If you're a buyer, know that homes needing work may offer a rare opportunity for equity growth.

💼 Investor Watch: Is Burbank Still a Smart Play?

Yes — especially for those eyeing long-term appreciation and short- to mid-term rental income. With Burbank’s restrictions on large apartment developments, supply remains tightly controlled. Demand for quality rentals, particularly near studios and downtown Burbank, remains strong.

Cap rates aren’t sky-high, but asset stability, appreciation potential, and low vacancy risk make Burbank attractive for portfolio balancing.

🔮 What to Expect Heading Into Summer

We anticipate:

• A modest increase in new listings between May and July

• Continued upward pressure on prices in turnkey homes

• More off-market and pre-MLS activity, especially in high-demand neighborhoods

Buyers: Be ready to move fast with clean offers and pre-approvals.
Sellers: You still hold the leverage, but proper pricing and presentation are key in this market.

💬 Final Word from the Local Experts

If you're serious about buying or selling in Burbank, timing, local strategy, and negotiation savvy are non-negotiables. We’re not in 2021’s frenzy — but Burbank remains one of the strongest, most resilient markets in Southern California.

📍Let’s Talk About Your Goals

Want a custom market analysis for your Burbank home? Looking for off-market opportunities? Let’s connect. There’s no substitute for hyper-local knowledge when it comes to making the right move.

👉 Contact Us for a Free Strategy Session
📞 Call/Text: (442) 282-2233
📧 Email: brian@piperpacificgroup.com