Deasy Penner Podley's Market Report

Glendale, CA

Single-Family Homes

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



Glendale, CA

Mon Nov 30 2020
This week the median list price for Glendale, CA is $1,265,000 with the market action index hovering around 55. This is less than last month's market action index of 57. Inventory has held steady at or around 72. 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 plateaued for a while. Despite the consistent decrease in MAI, 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

Mon Nov 30 2020
This week the median list price for Glendale, CA is $1,265,000 with the market action index hovering around 55. This is less than last month's market action index of 57. Inventory has held steady at or around 72. 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 plateaued for a while. Despite the consistent decrease in MAI, 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 $1,265,000
Per Square Foot $562
Days on Market 70
Price Decreased 42%
Price Increased 1%
Relisted 19%
Inventory 72
Median Rent $3,625
Most Expensive $2,749,000
Least Expensive $629,900
Market Action 55
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
$1,899,000 3,312 0.25 - 0.5 acre 3 4 62 2 2 115
$1,390,000 2,671 8,000 - 10,000 sqft 4 3 53 4 3 43
$1,159,500 1,803 4,500 - 6,500 sqft 3 2 89 2 7 54
$897,000 1,580 4,500 - 6,500 sqft 3 2 82 5 7 68