Sorem & Associates

🏡 La Cañada Flintridge Real Estate Market Update | June 2026

How does today's market compare to one year ago?

📊 June 2025 vs. June 2026
✅ Median Sold Price
📈 $2.438M → $2.640M
▲ 8.3%

✅ Homes Sold
📉 18 → 16
▼ 11.1%

✅ Active Listings
📉 40 → 30
▼ 25%

✅ Pending Listings
📈 9 → 10
▲ 11.1%

✅ Months of Inventory
📉 2.2 → 1.9 months
Inventory continues to tighten.

✅ Days on Market
📈 29 → 40 days
Homes are taking a little longer to sell.

✅ Price Per Square Foot
📉 $1,086.19 → $998.54
▼ 8.1%
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💡 Market Takeaway

La Cañada Flintridge continues to command premium home values despite a smaller number of available homes.
Inventory declined 25% from a year ago while the median sales price climbed more than 8%, reflecting the continued desirability of the community.

Although homes are taking a little longer to sell, sellers are still receiving an average of 100.4% of their original asking price, showing that well-priced homes continue to attract motivated buyers.

Bottom Line:

Luxury buyers remain active, and limited inventory continues to support home values in one of Southern California's most sought-after neighborhoods.
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🏡 What This Means for Buyers & Sellers

For Sellers: Limited inventory and strong appreciation continue to create favorable selling conditions, particularly for well-prepared homes.

For Buyers: While homes may remain on the market a bit longer, quality properties continue to sell near or above asking price. Preparation and local market knowledge remain important.

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Thinking about buying or selling in La Cañada Flintridge?
We'd be happy to provide a complimentary home value analysis and discuss your real estate goals.

Keith & Pam Sorem
Sorem & Associates | Keller Williams Real Estate Services
📞 Keith: 818-281-8497
📞 Pam: 818-281-8397
📧 Keith: [email protected]
📧 Pam: [email protected]
🌐 BeautifulVerdugoHomes.com
DRE # 01374653 | 01910636



CRMLS data is deemed reliable, has not been verified, and is subject to change

Burbank Real Estate Market Update | June 2026

How does today's market compare to one year ago?

📊 June 2025 vs. June 2026
✅ Median Sold Price
📉 $1.342M → $1.340M
Essentially unchanged (-0.1%)

✅ Homes Sold
📉 64 → 45
▼ 29.7%

✅ Active Listings
📉 99 → 64
▼ 35.4%

✅ Pending Listings
📉 37 → 18
▼ 51.4%

✅ Months of Inventory
📉 1.5 → 1.4 months
Inventory remains exceptionally limited.
✅ Days on Market
➡️ 31 → 31 days
No change.

✅ Price Per Square Foot
📉 $871.92 → $816.14
▼ 6.4%

✅ Original List Price vs. Sold Price Ratio
📉 2026: 98.9% versus 2025: 101.6%
▼ 6.4%, a drop of 2.7 points

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💡 Market Takeaway
Burbank continues to have one of the lowest inventory levels in the area, with just 1.4 months of inventory available. While fewer homes sold compared to last year, there are also significantly fewer homes on the market, helping keep prices remarkably stable.
Unlike some neighboring communities, buyers appear to have a little more negotiating room.

Homes sold for an average of 98.9% of their original asking price, indicating that accurate pricing has become increasingly important.

Bottom Line:
Burbank remains a strong seller's market, but today's buyers are rewarding homes that are priced correctly from the start.
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🏡 What This Means for Buyers & Sellers
For Sellers: Low inventory continues to work in your favor, but strategic pricing and strong presentation are more important than ever.

For Buyers: While choices remain limited, today's market may offer a bit more flexibility during negotiations than it did a year ago.

Thinking about buying or selling in Burbank?

We're happy to provide a complimentary home value analysis and discuss your real estate goals.

Keith & Pam Sorem
Sorem & Associates | Keller Williams Real Estate Services
📞 Keith: 818-281-8497
📞 Pam: 818-281-8397
📧 Keith: [email protected]
📧 Pam: [email protected]
🌐 BeautifulVerdugoHomes.com
DRE # 01374653 | 01910636



CRMLS data is deemed reliable , has not been verified, and is subject to change.
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📊 TOTAL MARKET AREA UPDATE | MAY 2026
(Altadena • Burbank • Glendale • La Crescenta • La Cañada Flintridge • Montrose • Pasadena • Shadow Hills • Sunland • Tujunga)

The overall foothill and northeast Los Angeles housing market continues to demonstrate remarkable strength, with home values rising and sellers maintaining a competitive advantage despite increased inventory.

📈 Year-Over-Year Highlights (May 2026 vs. May 2025)

🏡 Median Home Price
✅ $1,565,000 - NEW ALL TIME RECORD
⬆️ Up 7.3% from $1,459,000 one year ago

📋 Active Listings
✅ 443 active listings
⬇️ Down 6.3% from 473 listings last year

🔑 Homes Sold
✅ 203 homes sold
⬇️ Down 13.2% from 234 sales in May 2025

💰 Price Per Square Foot
✅ $858.36 per sq. ft.
⬇️ Slightly down 4.4% from $897.53 per sq. ft. last year

⏳ Days on Market
✅ 36 days
⬆️ Up slightly from 33 days a year ago

🔥 Seller Advantage Continues
✅ Homes sold for an average of 102.6% of original list price
⬆️ Up from 101.3% last year
✅ 60.6% of homes sold above asking price
A clear sign that buyers continue to compete for well-priced homes.

💵 Average premium above asking price: $166,000

What Does This Mean?
While the number of homes sold has moderated, home values continue to appreciate across our market area. Limited inventory, strong buyer demand, and competitive bidding continue to support sellers, while buyers are benefiting from a more balanced pace than we saw during the peak frenzy years.

🏡 Thinking about buying, selling, or investing? Curious what your home is worth in today's market? Let's talk!

Keith & Pam Sorem
Sorem & Associates | Keller Williams Real Estate Services
📞 Keith Sorem: 818-281-8497 | DRE #01374635
📞 Pam Sorem: 818-281-8397 | DRE #01910636

🌐 BeautifulVerdugoHomes.com

📩 Contact us today for a complimentary home value analysis and personalized market consultation.

CRMLS data has not been verified, is subject to change, and is deemed reliable


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