Burbank Real Estate Existing Construction Stats – Current

Overview: February 13 2026 – Existing Construction

This market report reviews existing construction homes sold in Burbank. We compare two time frames. The past 30 days shows the newest shift. The past 90 days shows the broader pattern. Keep in mind: the sample size is very small in both windows, so one sale can move the averages a lot.

Entire Market (All Existing Construction Homes)

• Sales pace is faster in the newest window (1 closing every 15 days vs. every 23 days). That can point to stronger demand, but there are only 2 closings in the past 30 days.
• Prices look higher in the past 30 days. Average final price is $657,500 vs. $552,000 in the past 90 days. Median final price is also slightly higher ($657,500 vs. $652,500).
• Days on market jumped. Median DOM is 161 in the past 30 days vs. 53 in the past 90 days. That is a big shift and can help buyers, because longer marketing time can create room to negotiate.
• Homes sold in the past 30 days were larger (median 2,152 sf vs. 1,902 sf). Bigger homes can raise both average price and $/sf.
• Price per square foot is higher in the past 30 days ($344 median) compared to the past 90 days ($257 median). That suggests stronger pricing on a size-adjusted basis in the newest window, even while homes took longer to sell.
• Watch the gap between average and median in the 90-day window. Average final price ($552,000) is well below the median ($652,500). That usually means one lower-priced sale pulled the average down.

Existing Construction Single Family (Site Built – Owned Lot)

• All reported existing construction sales in these time frames are single family (site built on an owned lot). That is why this table matches the “Entire Market” table.
• Pricing is firmer in the past 30 days on both median final price ($657,500 vs. $652,500) and median $/sf ($344 vs. $257).
• At the same time, speed is weaker. Median DOM increased from 53 to 161. That leans toward buyers, because longer DOM often means more price reductions and more flexible terms.
• Because there are only 2 closings in the past 30 days, treat the price jump as a signal, not a guarantee. The mix of homes (size, condition, location) matters a lot.

Existing Construction Condo / Townhome Market

• The dataset provided for these time frames does not include existing construction condo or townhome sold statistics for Burbank. Because of that, this segment cannot be compared here.
• If condo or townhome data is added later, focus on count first. Small counts can swing pricing and DOM fast.

What This Means for Buyers and Sellers

• Look at price and speed together. In the past 30 days, prices are higher, but homes took much longer to sell (median DOM 161 vs. 53). That is a mixed signal.
• Longer days on market tends to favor buyers. It can mean more competition between sellers, more price drops, or buyers being more careful.
• Higher $/sf in the past 30 days favors sellers, but it may also reflect the specific homes that sold (size, upgrades, or location). With only 2 sales, that matters a lot.
• If you are buying, pay extra attention to listings with higher DOM. Ask for repair credits. Ask for closing cost help. Use recent sold DOM as support.
• If you are selling, do not rely on one high sale. Price close to recent comparable sold homes. Strong photos and clean condition matter more when DOM is rising.
• In this report, the single family segment is the market. Use the single family numbers as the main guide until more segments are reported.

Buyer signals: the typical home took longer to sell in the past 30 days (median DOM 161 vs. 53), which can increase negotiating power.Seller signals: pricing metrics are higher in the newest window (median final $657,500 vs. $652,500; median $/sf $344 vs. $257), even with slower speed.Bottom line: Burbank existing construction sales show firmer prices but slower deal speed in the most recent 30 days. With very few sales, watch the next month for confirmation.