Burbank California Homes Sold and Prices in 2013
First Quarter Sales
117 2nd Quarter
167 3rd Quarter
173 4th Quarter
159
Minimum Listing Price
$ 139,000 $229,900 $355,000 $270,000
There was an increase of 39.6% from the 1st Q to 2nd, 36%, to 3rd and a decrease of 24% to the 4th.
Minimum Selling Price
$160,000 $229,900 $370.000 $273,000
The difference here is an increase of 30.5%, 38%, and a decrease of 26.1% respectively compared
Maximum Listing Price
$1,590,000
$1,795,000 $1,599,000 $1,290,000
Increase 11.46%, decrease 11.4%, and a decrease of 19.2% respectively compared
Maximum Selling Price
$1,538,000 $1,755,000 $1,600,000 $1,280,000
Increased 14.6%, decrease 8.96%, and decrease of 20% respetively
Average Listing Price
$596,962 $633,494 $631,735 $632,750
Increase 5.73%, decrease 2.8%, increase 1.71%
Average Selling Price
$593,938 $639,614 $638,172 $631487
Increase 7.1%, decrease 2.21%, decrease 10.3%
There is one thing in common in all quarters from 1st to 2nd in all cases were an increase, from 2nd to 3rd shows a decrease and in all cases of the 4th quarter except in the average selling price shows a decrease.
The number of units sold increased consistently during the first 3 quarter and decline on the last one.
There was only strong growth on the 1st and 2nd quarter in the minimum listing and selling price, the rest of the year show a decline in both sides.
I foresee a decline in the number of units sold as well as listing and selling price on the first quarter of 2014.
Alberto Pacheco
818 481 9211
Keller Williams Porter Ranch
My Email
www.stoppayingrentinla.com
www.facebook.com/albertopachecorealtor
www.twitter.com/albertopacheco