Lawyers Title Market Report

Glendale, AZ

Single-Family Homes

Lawyers Title Arizona | www.LawyersTitleArizona.com | 602.257.2600



Glendale, AZ

Mon Jun 21 2021
This week the median list price for Glendale, AZ is $429,999 with the market action index hovering around 92. This is about the same as last month's market action index of 92. Inventory has increased to 201. 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 has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Glendale, AZ

Mon Jun 21 2021
This week the median list price for Glendale, AZ is $429,999 with the market action index hovering around 92. This is about the same as last month's market action index of 92. Inventory has increased to 201. 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 has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Glendale market.
Median List Price $429,999
Median Price of New Listings $399,900
Per Square Foot $222
Average Days on Market 18
Median Days on Market 14
Price Decreased 9%
Price Increased 4%
Relisted 2%
Inventory 201
Median Rent $2,100
Market Action 92
Strong Seller's Market

The market seems to have paused around its high point. 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
$706,000 3,128 0.25 - 0.5 acre 4 3 25 18 11 14
$475,000 2,241 6,500 - 8,000 sqft 4 2 29 10 14 14
$399,450 1,827 8,000 - 10,000 sqft 3 2 35 26 24 7
$340,000 1,397 6,500 - 8,000 sqft 3 2 42 21 30 7