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Glendale, AZ 85305

Single-Family Homes

Here is your weekly Market Update!



Glendale, AZ 85305

Thu Sep 21 2023
This week the median list price for Glendale, AZ 85305 is $582,450 with the market action index hovering around 55. This is an increase over last month's market action index of 52. Inventory has increased to 34. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Glendale, AZ 85305

Thu Sep 21 2023
This week the median list price for Glendale, AZ 85305 is $582,450 with the market action index hovering around 55. This is an increase over last month's market action index of 52. Inventory has increased to 34. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Glendale market.
Median List Price $582,450
Median Price of New Listings $565,900
Per Square Foot $241
Average Days on Market 43
Median Days on Market 35
Price Decreased 65%
Price Increased 9%
Relisted 6%
Inventory 34
Median Rent
Market Action 55
Strong Seller's Market

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
$719,495 3,212 8,000 - 10,000 sqft 4 3.3 0 2 0 21
$612,788 2,776 6,500 - 8,000 sqft 4 3 1 1 1 52
$555,990 2,391 4,500 - 6,500 sqft 3 3 2 1 0 35
$469,900 1,787 4,500 - 6,500 sqft 3 2 26 3 3 7