Navi Title Agency

Glendale, AZ 85301

Single-Family Homes

Here is your weekly Market Update!



Glendale, AZ 85301

Tue May 28 2024
This week the median list price for Glendale, AZ 85301 is $415,000 with the market action index hovering around 59. This is about the same as last month's market action index of 59. Inventory has decreased to 26. 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 85301

Tue May 28 2024
This week the median list price for Glendale, AZ 85301 is $415,000 with the market action index hovering around 59. This is about the same as last month's market action index of 59. Inventory has decreased to 26. 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 $415,000
Median Price of New Listings $307,494
Per Square Foot $221
Average Days on Market 43
Median Days on Market 32
Price Decreased 46%
Price Increased 0%
Relisted 0%
Inventory 26
Median Rent
Market Action 59
Strong Seller's Market

While the median price in this zip code hasn’t moved much in the last few weeks, we are relatively close to the market’s high-water mark. Watch for persistent downward shift in the Market Action Index into the Buyer’s zone as a leading indicator of the price strength subsiding.

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
$577,500 2,313 8,000 - 10,000 sqft 5 3 35 0 1 31
$418,000 1,893 8,000 - 10,000 sqft 4 2 44 0 1 35
$406,999 1,797 8,000 - 10,000 sqft 4 2 61 0 2 28
$343,000 1,458 4,500 - 6,500 sqft 3 2 67 2 3 35