First Integrity Title Market Report

Glendale, AZ

Condos/Townhomes

www.FirstIntegrityTitle.com | 888-636-0372



Glendale, AZ

Fri Mar 29 2024
This week the median list price for Glendale, AZ is $269,500 with the market action index hovering around 46. This is about the same as last month's market action index of 46. Inventory has increased to 54. 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 remains in a relative stasis in terms of sales to inventory and prices have been relatively stable for a few weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Glendale, AZ

Fri Mar 29 2024
This week the median list price for Glendale, AZ is $269,500 with the market action index hovering around 46. This is about the same as last month's market action index of 46. Inventory has increased to 54. 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 remains in a relative stasis in terms of sales to inventory and prices have been relatively stable for a few weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Glendale market.
Median List Price $269,500
Median Price of New Listings $274,900
Per Square Foot $228
Average Days on Market 47
Median Days on Market 25
Price Decreased 41%
Price Increased 0%
Relisted 0%
Inventory 54
Median Rent
Market Action 46
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$340,000 1,344 0 - 4,500 sqft 2 2 41 1 1 21
$289,900 1,332 0 - 4,500 sqft 3 2 43 4 2 14
$260,000 1,293 0 - 4,500 sqft 3 2 42 2 2 28
$229,400 975 0 - 4,500 sqft 2 2 42 2 1 35