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Glendale, AZ 85305

Single-Family Homes

Here is your weekly Market Update!



Glendale, AZ 85305

Fri Apr 12 2024
This week the median list price for Glendale, AZ 85305 is $562,900 with the market action index hovering around 43. This is less than last month's market action index of 44. Inventory has decreased to 31. 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

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 85305

Fri Apr 12 2024
This week the median list price for Glendale, AZ 85305 is $562,900 with the market action index hovering around 43. This is less than last month's market action index of 44. Inventory has decreased to 31. 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

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 $562,900
Median Price of New Listings $513,950
Per Square Foot $236
Average Days on Market 83
Median Days on Market 49
Price Decreased 48%
Price Increased 13%
Relisted 13%
Inventory 31
Median Rent
Market Action 43
Slight Seller's Advantage

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move 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
$689,900 2,725 0.25 - 0.5 acre 5 4 3 1 1 35
$627,500 2,868 6,500 - 8,000 sqft 4 3 8 0 0 52
$544,450 2,283 6,500 - 8,000 sqft 4 2.5 11 1 0 112
$455,000 1,707 4,500 - 6,500 sqft 3 2 10 2 1 28