The First American Title Market Report

Glendale, AZ

Single-Family Homes

Arizona Direct Operations



Glendale, AZ

Thu Jan 23 2020
This week the median list price for Glendale, AZ is $324,945 with the market action index hovering around 52. This is an increase over last month's market action index of 51. Inventory has held steady at or around 318. 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. Prices have not been moving higher for several 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 persistently, prices are likely to resume an upward climb.

Glendale, AZ

Thu Jan 23 2020
This week the median list price for Glendale, AZ is $324,945 with the market action index hovering around 52. This is an increase over last month's market action index of 51. Inventory has held steady at or around 318. 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. Prices have not been moving higher for several 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 persistently, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Glendale market.
Median List Price $324,945
Per Square Foot $165
Days on Market 76
Price Decreased 41%
Price Increased 5%
Relisted 6%
Inventory 318
Median Rent $1,550
Most Expensive $1,595,000
Least Expensive $90,000
Market Action 52
Strong Seller's Market

Prices appear to be hovering around their high point. 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
$575,000 3,228 0.25 - 0.5 acre 4 3 24 10 8 121
$363,900 2,205 6,500 - 8,000 sqft 4 2 24 12 13 59
$293,495 1,893 8,000 - 10,000 sqft 3 2 34 11 17 65
$240,000 1,465 0 - 4,500 sqft 3 2 46 21 33 57