The First American Title Market Report

Glendale, AZ

Single-Family Homes

Arizona Direct Operations



Glendale, AZ

Fri Jan 21 2022
This week the median list price for Glendale, AZ is $450,000 with the market action index hovering around 81. This is less than last month's market action index of 82. Inventory has held steady at or around 162. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. 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, prices are likely to resume an upward climb.

Glendale, AZ

Fri Jan 21 2022
This week the median list price for Glendale, AZ is $450,000 with the market action index hovering around 81. This is less than last month's market action index of 82. Inventory has held steady at or around 162. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. 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, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Glendale market.
Median List Price $450,000
Median Price of New Listings $439,900
Per Square Foot $243
Average Days on Market 38
Median Days on Market 21
Price Decreased 21%
Price Increased 6%
Relisted 5%
Inventory 162
Median Rent $2,343
Market Action 81
Strong Seller's Market

The market seems to have paused around this plateau. 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
$630,500 2,608 8,000 - 10,000 sqft 4 3 27 9 6 38
$504,950 2,301 6,500 - 8,000 sqft 4 2.5 25 10 11 28
$430,000 1,748 6,500 - 8,000 sqft 3 2 43 20 11 21
$379,999 1,463 6,500 - 8,000 sqft 3 2 46 16 12 14