The First American Title Market Report

Glendale, AZ

Single-Family Homes

Arizona Direct Operations



Glendale, AZ

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

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 $299,900
Per Square Foot $154
Days on Market 61
Price Decreased 45%
Price Increased 3%
Relisted 4%
Inventory 560
Median House Rent $1,495
Most Expensive $1,950,000
Least Expensive $152,900
Market Action Index
Strong Seller's Market
49

The market seems to have paused around its high point. The Market Action Index is a good leading indicator for the durability of this trend.

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
$538,750 3,225 0.25 - 0.5 acre 4 3 24 14 11 103
$339,974 2,328 8,000 - 10,000 sqft 4 2 25 11 22 61
$269,950 1,812 8,000 - 10,000 sqft 3 2 36 24 23 45
$233,500 1,507 6,500 - 8,000 sqft 3 2 41 37 35 35