Navi Title Agency

Glendale, AZ 85303

Single-Family Homes

Here is your weekly Market Update!



Glendale, AZ 85303

Fri Jun 02 2023
This week the median list price for Glendale, AZ 85303 is $464,900 with the market action index hovering around 63. This is about the same as last month's market action index of 63. Inventory has increased to 16. 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 continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Glendale, AZ 85303

Fri Jun 02 2023
This week the median list price for Glendale, AZ 85303 is $464,900 with the market action index hovering around 63. This is about the same as last month's market action index of 63. Inventory has increased to 16. 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 continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Real-Time Market Profile

Never miss important changes in the Glendale market.
Median List Price $464,900
Median Price of New Listings $384,450
Per Square Foot $241
Average Days on Market 81
Median Days on Market 56
Price Decreased 50%
Price Increased 6%
Relisted 25%
Inventory 16
Median Rent
Market Action 63
Strong Seller's Market

While this week the median price in this zip code didn’t fluctuate much, we are relatively close to the market’s high-water mark. Watch for persistent downward shift in the Market Action Index into the Buyer’s zone as a leading indicator of the price strength subsiding.

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
$1,144,500 3,455 0.25 - 0.5 acre 4 3.3 7 0 0 56
$575,000 2,265 2.5 - 5 acres 3 2 13 0 0 52
$434,500 2,129 6,500 - 8,000 sqft 3 2.5 21 2 1 98
$369,000 1,489 4,500 - 6,500 sqft 3 2 45 4 1 45