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Glendale, AZ 85301

Single-Family Homes

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Glendale, AZ 85301

Thu Jan 20 2022
This week the median list price for Glendale, AZ 85301 is $409,750 with the market action index hovering around 76. This is less than last month's market action index of 88. Inventory has increased to 20. 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, AZ 85301

Thu Jan 20 2022
This week the median list price for Glendale, AZ 85301 is $409,750 with the market action index hovering around 76. This is less than last month's market action index of 88. Inventory has increased to 20. 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 $409,750
Median Price of New Listings $352,500
Per Square Foot $220
Average Days on Market 39
Median Days on Market 35
Price Decreased 20%
Price Increased 25%
Relisted 10%
Inventory 20
Median Rent $2,075
Market Action 76
Strong Seller's Market

We continue to see prices in this zip code bounce around this 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
$540,000 3,031 8,000 - 10,000 sqft 5 3 49 0 0 7
$450,000 2,089 8,000 - 10,000 sqft 4 3 45 0 0 49
$385,000 1,666 6,500 - 8,000 sqft 4 2 63 1 0 35
$340,000 1,440 4,500 - 6,500 sqft 3 2 63 1 2 7