Your Localized Market Report

Glendale, AZ

Single-Family Homes

Lawyers Title Arizona & Grand Canyon Title Agency www.LawyersTitleArizona.com & www.gcta.com



Glendale, AZ

Thu Mar 28 2024
This week the median list price for Glendale, AZ is $499,900 with the market action index hovering around 51. This is an increase over last month's market action index of 49. Inventory has increased to 337. 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

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

Thu Mar 28 2024
This week the median list price for Glendale, AZ is $499,900 with the market action index hovering around 51. This is an increase over last month's market action index of 49. Inventory has increased to 337. 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

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 $499,900
Median Price of New Listings $460,000
Per Square Foot $255
Average Days on Market 64
Median Days on Market 35
Price Decreased 43%
Price Increased 5%
Relisted 5%
Inventory 337
Median Rent
Market Action 51
Strong Seller's Market

The market is 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
$879,995 3,221 0.25 - 0.5 acre 4 3 27 17 11 49
$549,450 2,301 6,500 - 8,000 sqft 4 3 29 15 15 42
$456,950 1,843 6,500 - 8,000 sqft 3 2 41 14 10 28
$389,999 1,471 6,500 - 8,000 sqft 3 2 42 29 25 14