The First American Title Market Report

Glendale, AZ

Single-Family Homes

Arizona Direct Operations



Glendale, AZ

Sun May 26 2019
This week the median list price for Glendale, AZ is $299,000 with the market action index hovering around 46. This is an increase over last month's market action index of 44. Inventory has held steady at or around 650. Click here to stay informed with the Glendale market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

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

Sun May 26 2019
This week the median list price for Glendale, AZ is $299,000 with the market action index hovering around 46. This is an increase over last month's market action index of 44. Inventory has held steady at or around 650. Click here to stay informed with the Glendale market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

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 $299,000
Per Square Foot $153
Days on Market 61
Price Decreased 44%
Price Increased 5%
Relisted 4%
Inventory 650
Median House Rent $1,425
Most Expensive $2,100,000
Least Expensive $124,800
Market Action Index
Strong Seller's Market
46

The market appears to be hovering around this plateau. Look for a persistent change 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
$469,950 3,046 0.25 - 0.5 acre 4 3 22 14 15 100
$341,450 2,207 8,000 - 10,000 sqft 4 2 24 22 24 54
$270,000 1,840 8,000 - 10,000 sqft 3 2 36 24 26 38
$229,000 1,545 6,500 - 8,000 sqft 3 2 40 30 28 49