DPP | Compass' Market Report

Glendale, CA

Single-Family Homes

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Glendale, CA

Sun Feb 25 2024
This week the median list price for Glendale, CA is $1,500,000 with the market action index hovering around 54. This is an increase over last month's market action index of 51. Inventory has increased to 37. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Glendale, CA

Sun Feb 25 2024
This week the median list price for Glendale, CA is $1,500,000 with the market action index hovering around 54. This is an increase over last month's market action index of 51. Inventory has increased to 37. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Glendale market.
Median List Price $1,500,000
Median Price of New Listings $1,975,000
Per Square Foot $805
Average Days on Market 57
Median Days on Market 21
Price Decreased 11%
Price Increased 5%
Relisted 16%
Inventory 37
Median Rent
Market Action 54
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
$2,588,500 3,400 0.25 - 0.5 acre 4 4.5 45 3 0 14
$1,750,000 2,669 0.25 - 0.5 acre 3 2.5 65 2 4 14
$1,460,000 1,868 6,500 - 8,000 sqft 3 2 64 0 2 28
$1,225,000 1,344 4,500 - 6,500 sqft 2 2 85 3 3 56