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September 2022 Absorption Rate for Sun Valley, California

September 2022 Absorption Rate for Sun valley, CA  Active Listings- 24 Median Listing Price- $784,499 Price Per Sqft- $850,081 Homes Sold- 26 Avg Time On Market- 84 Days Median Sold Price- $862,500

September 2022 Absorption Rate for Burbank, California

September 2022 Absorption Rate for Burbank, CA Active Listings- 70 Median Listing Price- $1,199,000 Price Per SqFt- $805,000 Homes Sold- 137 Avg Time On Market- 37 Days Median Sold Price- $1,205,000

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Absorption Rate Analysis: October 2022 Brings Big Changes to Houses for Sale in LA

You only need to glance at our Absorption Rate Analysis chart for October to see it was a month that brought big changes. For as long as we’ve been officially tracking absorption rates, we’ve seen almost unanimous movement toward a seller’s market. But for the first time, we actually saw all areas except one drop toward a buyer’s market! And while most are still firmly i...