Deasy Penner Podley's Market Report

Glendale, CA

Single-Family Homes

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



Glendale, CA

Wed May 27 2020
This week the median list price for Glendale, CA is $1,195,000 with the market action index hovering around 50. This is less than last month's market action index of 52. Inventory has held steady at or around 63. 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 been flat for several weeks. 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, CA

Wed May 27 2020
This week the median list price for Glendale, CA is $1,195,000 with the market action index hovering around 50. This is less than last month's market action index of 52. Inventory has held steady at or around 63. 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 been flat for several weeks. 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 $1,195,000
Per Square Foot $575
Days on Market 74
Price Decreased 17%
Price Increased 3%
Relisted 11%
Inventory 63
Median Rent $3,700
Most Expensive $2,995,000
Least Expensive $375,000
Market Action 50
Strong Seller's Market

The market is hovering around this plateau. Look for a persistent change 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
$1,998,000 3,182 0.25 - 0.5 acre 4 4 61 1 2 111
$1,295,000 2,354 8,000 - 10,000 sqft 3 3 65 5 6 45
$1,024,999 1,877 6,500 - 8,000 sqft 3 2 81 4 5 56
$777,000 1,194 4,500 - 6,500 sqft 3 2 84 3 2 84