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Glendale, AZ 85308

Single-Family Homes

Here is your weekly Market Update!


Glendale, AZ 85308

Fri May 02 2025
This week the median list price for Glendale, AZ 85308 is $589,000 with the market action index hovering around 41. This is less than last month's market action index of 43. Inventory has increased to 169. 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 started cooling and prices have been flat for several weeks. Since 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 85308

Fri May 02 2025
This week the median list price for Glendale, AZ 85308 is $589,000 with the market action index hovering around 41. This is less than last month's market action index of 43. Inventory has increased to 169. 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 started cooling and prices have been flat for several weeks. Since 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 $589,000
Median Price of New Listings $607,000
Per Square Foot $271
Average Days on Market 72
Median Days on Market 35
Price Decreased 50%
Price Increased 2%
Relisted 6%
Inventory 169
Median Rent
Market Action 41
Slight Seller's Advantage

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
$831,999 3,095 0.25 - 0.5 acre 4 3 29 4 2 49
$639,450 2,431 6,500 - 8,000 sqft 4 3 30 7 3 28
$539,450 2,058 6,500 - 8,000 sqft 4 2 36 6 9 31
$439,900 1,578 6,500 - 8,000 sqft 3 2 40 3 2 28