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Glendale, AZ 85302

Single-Family Homes

Here is your weekly Market Update!


Glendale, AZ 85302

Sun Jan 05 2025
This week the median list price for Glendale, AZ 85302 is $466,000 with the market action index hovering around 39. This is less than last month's market action index of 40. Inventory has increased to 77. 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.

Slight Seller's Advantage

Market Narrative

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Glendale, AZ 85302

Sun Jan 05 2025
This week the median list price for Glendale, AZ 85302 is $466,000 with the market action index hovering around 39. This is less than last month's market action index of 40. Inventory has increased to 77. 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.

Slight Seller's Advantage

Market Narrative

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Glendale market.
Median List Price $466,000
Median Price of New Listings $439,800
Per Square Foot $255
Average Days on Market 68
Median Days on Market 63
Price Decreased 57%
Price Increased 18%
Relisted 4%
Inventory 77
Median Rent
Market Action 39
Slight Seller's Advantage

While the median price in this zip code hasn’t moved much in the last few weeks, we are relatively close to the market’s high-water mark. Watch for persistent downward shift in the Market Action Index into the Buyer’s zone as a leading indicator of the price strength subsiding.

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
$534,995 2,077 4,500 - 6,500 sqft 4 3 0 1 0 77
$494,995 1,860 6,500 - 8,000 sqft 4 2 0 0 1 77
$440,000 1,967 6,500 - 8,000 sqft 4 2 49 2 1 56
$387,450 1,492 6,500 - 8,000 sqft 3 2 44 2 6 52