Navi Title Agency

Glendale, AZ

Single-Family Homes

Here is your weekly Market Update!



Glendale, AZ

Fri Jun 02 2023
This week the median list price for Glendale, AZ is $519,950 with the market action index hovering around 67. This is an increase over last month's market action index of 62. Inventory has decreased to 186. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Glendale, AZ

Fri Jun 02 2023
This week the median list price for Glendale, AZ is $519,950 with the market action index hovering around 67. This is an increase over last month's market action index of 62. Inventory has decreased to 186. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Glendale market.
Median List Price $519,950
Median Price of New Listings $439,900
Per Square Foot $252
Average Days on Market 62
Median Days on Market 28
Price Decreased 43%
Price Increased 4%
Relisted 8%
Inventory 186
Median Rent
Market Action 67
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
$859,950 3,182 0.25 - 0.5 acre 4 3.3 26 8 1 45
$607,787 2,518 6,500 - 8,000 sqft 4 2.5 24 8 5 24
$450,000 1,855 6,500 - 8,000 sqft 3 2 37 15 5 14
$389,900 1,578 6,500 - 8,000 sqft 3 2 44 18 15 28