DPP | Compass' Market Report

Glendale, CA

Single-Family Homes

www.dppre.com | 626.795.6262 | info@dppre.com



Glendale, CA

Tue Mar 19 2024
This week the median list price for Glendale, CA is $1,549,000 with the market action index hovering around 55. This is an increase over last month's market action index of 54. Inventory has increased to 47. 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 remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.

Glendale, CA

Tue Mar 19 2024
This week the median list price for Glendale, CA is $1,549,000 with the market action index hovering around 55. This is an increase over last month's market action index of 54. Inventory has increased to 47. 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 remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Glendale market.
Median List Price $1,549,000
Median Price of New Listings $1,614,500
Per Square Foot $824
Average Days on Market 61
Median Days on Market 21
Price Decreased 30%
Price Increased 2%
Relisted 13%
Inventory 47
Median Rent
Market Action 55
Strong Seller's Market

The market seems to have paused around this plateau. 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
$2,985,000 3,340 0.25 - 0.5 acre 4 4 59 3 2 14
$1,699,499 2,508 0.25 - 0.5 acre 3 3 78 5 2 24
$1,387,000 1,835 6,500 - 8,000 sqft 3 2 74 3 4 42
$924,500 1,142 4,500 - 6,500 sqft 2 2 97 3 2 10