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Glendale, AZ 85306

Single-Family Homes

Here is your weekly Market Update!


Glendale, AZ 85306

Thu Sep 19 2024
This week the median list price for Glendale, AZ 85306 is $518,000 with the market action index hovering around 43. This is an increase over last month's market action index of 39. Inventory has decreased to 27. 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.

Slight Seller's Advantage

Market Narrative

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Glendale, AZ 85306

Thu Sep 19 2024
This week the median list price for Glendale, AZ 85306 is $518,000 with the market action index hovering around 43. This is an increase over last month's market action index of 39. Inventory has decreased to 27. 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.

Slight Seller's Advantage

Market Narrative

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Glendale market.
Median List Price $518,000
Median Price of New Listings $482,445
Per Square Foot $269
Average Days on Market 76
Median Days on Market 49
Price Decreased 56%
Price Increased 4%
Relisted 4%
Inventory 27
Median Rent
Market Action 43
Slight Seller's Advantage

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move 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
$820,000 2,634 0.5 - 1 acre 4 2.5 54 0 0 105
$587,500 1,980 8,000 - 10,000 sqft 3 3 0 1 0 98
$470,000 1,857 8,000 - 10,000 sqft 3 2 40 1 1 49
$419,900 1,525 8,000 - 10,000 sqft 3 2 48 0 2 42