Local Market Report

Glendale, CA

Single-Family Homes



Glendale, CA

Thu Sep 16 2021
This week the median list price for Glendale, CA is $1,285,000 with the market action index hovering around 75. This is less than last month's market action index of 76. Inventory has decreased to 36. 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, CA

Thu Sep 16 2021
This week the median list price for Glendale, CA is $1,285,000 with the market action index hovering around 75. This is less than last month's market action index of 76. Inventory has decreased to 36. 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 $1,285,000
Median Price of New Listings $939,250
Per Square Foot $680
Average Days on Market 48
Median Days on Market 21
Price Decreased 19%
Price Increased 0%
Relisted 3%
Inventory 36
Median Rent $4,250
Market Action 75
Strong Seller's Market

The market is hovering around this plateau. Look for a persistent change 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
$1,999,000 3,818 0.25 - 0.5 acre 4 4 45 0 5 91
$1,399,000 1,979 8,000 - 10,000 sqft 3 3 72 1 8 21
$1,085,000 1,394 4,500 - 6,500 sqft 3 2 81 1 6 14
$899,000 1,202 6,500 - 8,000 sqft 2 1 82 4 5 14