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Glendale, AZ 85302

Single-Family Homes

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Glendale, AZ 85302

Fri Jan 21 2022
This week the median list price for Glendale, AZ 85302 is $429,950 with the market action index hovering around 78. This is less than last month's market action index of 80. Inventory has decreased to 24. 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 been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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 85302

Fri Jan 21 2022
This week the median list price for Glendale, AZ 85302 is $429,950 with the market action index hovering around 78. This is less than last month's market action index of 80. Inventory has decreased to 24. 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 been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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 $429,950
Median Price of New Listings $425,000
Per Square Foot $239
Average Days on Market 33
Median Days on Market 14
Price Decreased 17%
Price Increased 0%
Relisted 0%
Inventory 24
Median Rent $2,030
Market Action 78
Strong Seller's Market

We continue to see prices in this zip code hovering around their high point. 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
$470,000 2,244 0.25 - 0.5 acre 4 2 33 1 1 31
$440,500 1,986 6,500 - 8,000 sqft 4 2 41 3 1 10
$420,500 1,922 8,000 - 10,000 sqft 3 2 43 4 0 0
$394,949 1,526 6,500 - 8,000 sqft 3 2 48 2 2 10