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Glendale, AZ 85302

Single-Family Homes

Here is your weekly Market Update!


Glendale, AZ 85302

Mon Dec 04 2023
This week the median list price for Glendale, AZ 85302 is $429,900 with the market action index hovering around 61. This is less than last month's market action index of 62. Inventory has increased to 37. 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

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its 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

Mon Dec 04 2023
This week the median list price for Glendale, AZ 85302 is $429,900 with the market action index hovering around 61. This is less than last month's market action index of 62. Inventory has increased to 37. 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

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its 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 $429,900
Median Price of New Listings $407,450
Per Square Foot $239
Average Days on Market 46
Median Days on Market 35
Price Decreased 65%
Price Increased 5%
Relisted 5%
Inventory 37
Median Rent
Market Action 61
Strong Seller's Market

Prices in this zip code seem to have settled around a 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
$499,000 2,460 4,500 - 6,500 sqft 5 3 4 1 1 35
$445,000 1,750 6,500 - 8,000 sqft 3 2 45 0 0 42
$424,900 1,679 6,500 - 8,000 sqft 3 2 41 1 1 21
$385,000 1,608 6,500 - 8,000 sqft 3 2 47 2 3 38