Lawyers Title Market Report

Glendale, AZ 85308

Single-Family Homes

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Glendale, AZ 85308

Sat Jun 12 2021
This week the median list price for Glendale, AZ 85308 is $420,000 with the market action index hovering around 72. This is less than last month's market action index of 73. Inventory has increased to 91. Click here to stay informed with the Glendale market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Glendale, AZ 85308

Sat Jun 12 2021
This week the median list price for Glendale, AZ 85308 is $420,000 with the market action index hovering around 72. This is less than last month's market action index of 73. Inventory has increased to 91. Click here to stay informed with the Glendale market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Glendale market.
Median List Price $420,000
Median Price of New Listings $408,499
Per Square Foot $221
Average Days on Market 16
Median Days on Market 14
Price Decreased 5%
Price Increased 4%
Relisted 1%
Inventory 91
Median Rent $2,300
Market Action 72
Strong Seller's Market

We continue to see prices in this zip code bounce around this plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$650,000 2,699 0.25 - 0.5 acre 4 3 31 3 7 21
$450,000 2,242 8,000 - 10,000 sqft 4 2 28 8 4 14
$399,000 1,758 6,500 - 8,000 sqft 3 2 35 7 5 7
$335,000 1,397 6,500 - 8,000 sqft 3 2 36 8 5 14