Lawyers Title Market Report

Glendale, AZ 85303

Single-Family Homes

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Glendale, AZ 85303

Sat Jun 12 2021
This week the median list price for Glendale, AZ 85303 is $359,997 with the market action index hovering around 90. This is less than last month's market action index of 92. Inventory has increased to 17. 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 85303

Sat Jun 12 2021
This week the median list price for Glendale, AZ 85303 is $359,997 with the market action index hovering around 90. This is less than last month's market action index of 92. Inventory has increased to 17. 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 $359,997
Median Price of New Listings $359,998
Per Square Foot $206
Average Days on Market 21
Median Days on Market 0
Price Decreased 12%
Price Increased 12%
Relisted 6%
Inventory 17
Median Rent $1,800
Market Action 90
Strong Seller's Market

In the last few weeks we’ve seen prices in this zip code bouncing around this plateau. Look for a persistent down-shift 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
$524,500 2,648 0.25 - 0.5 acre 4 2 22 3 1 0
$378,495 1,956 6,500 - 8,000 sqft 4 2 15 2 1 14
$350,000 1,718 4,500 - 6,500 sqft 4 2 38 3 2 0
$310,000 1,320 6,500 - 8,000 sqft 3 2 25 2 1 7