The First American Title Market Report

Glendale, AZ

Single-Family Homes

Arizona Direct Operations



Glendale, AZ

Sat Sep 21 2019
This week the median list price for Glendale, AZ is $299,047 with the market action index hovering around 48. This is less than last month's market action index of 49. Inventory has held steady at or around 556. 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

Sat Sep 21 2019
This week the median list price for Glendale, AZ is $299,047 with the market action index hovering around 48. This is less than last month's market action index of 49. Inventory has held steady at or around 556. 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 $299,047
Per Square Foot $156
Days on Market 61
Price Decreased 41%
Price Increased 3%
Relisted 5%
Inventory 556
Median House Rent $1,600
Most Expensive $1,900,000
Least Expensive $137,000
Market Action Index
Strong Seller's Market
48

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
$565,000 3,253 0.25 - 0.5 acre 4 3 24 13 9 102
$343,000 2,269 8,000 - 10,000 sqft 4 2 25 22 23 60
$270,000 1,837 8,000 - 10,000 sqft 3 2 39 26 22 42
$227,000 1,425 4,500 - 6,500 sqft 3 2 42 24 28 40