The First American Title Market Report

Glendale, AZ

Single-Family Homes

Arizona Direct Operations



Glendale, AZ

Wed Nov 25 2020
This week the median list price for Glendale, AZ is $359,550 with the market action index hovering around 77. This is an increase over last month's market action index of 75. Inventory has held steady at or around 244. 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

Wed Nov 25 2020
This week the median list price for Glendale, AZ is $359,550 with the market action index hovering around 77. This is an increase over last month's market action index of 75. Inventory has held steady at or around 244. 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 $359,550
Per Square Foot $186
Days on Market 38
Price Decreased 29%
Price Increased 5%
Relisted 3%
Inventory 244
Median Rent $1,750
Most Expensive $2,200,000
Least Expensive $169,900
Market Action 77
Strong Seller's Market

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
$574,900 3,053 0.25 - 0.5 acre 4 3 25 11 6 54
$399,900 2,108 6,500 - 8,000 sqft 3 2 24 15 15 51
$330,000 1,829 6,500 - 8,000 sqft 3 2 30 22 16 26
$275,000 1,494 6,500 - 8,000 sqft 3 2 41 30 24 20