First Integrity Title Market Report

Glendale, AZ

Condos/Townhomes

www.FirstIntegrityTitle.com | 303.837.9171



Glendale, AZ

Wed Mar 03 2021
This week the median list price for Glendale, AZ is $217,500 with the market action index hovering around 83. This is an increase over last month's market action index of 79. Inventory has held steady at or around 22. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Glendale, AZ

Wed Mar 03 2021
This week the median list price for Glendale, AZ is $217,500 with the market action index hovering around 83. This is an increase over last month's market action index of 79. Inventory has held steady at or around 22. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Glendale market.
Median List Price $217,500
Per Square Foot $158
Days on Market 11
Price Decreased 14%
Price Increased 0%
Relisted 18%
Inventory 22
Median Rent $1,142
Most Expensive $660,000
Least Expensive $140,000
Market Action 83
Strong Seller's Market

The market appears to be hovering around these current levels, though prices movved up a bit this week. The Market Action Index is a good leading indicator for the durability of this shift.

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
$453,000 2,400 4,500 - 6,500 sqft 2 2 47 2 1 0
$225,000 1,080 0 - 4,500 sqft 2 2 42 0 1 28
$199,950 1,349 0 - 4,500 sqft 2 2 43 4 2 3
$159,750 1,061 0 - 4,500 sqft 2 2 41 4 4 7