Deasy Penner Podley's Market Report

Glendale, CA

Single-Family Homes

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



Glendale, CA

Thu Apr 02 2020
This week the median list price for Glendale, CA is $1,299,000 with the market action index hovering around 54. This is an increase over last month's market action index of 50. Inventory has held steady at or around 43. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Glendale, CA

Thu Apr 02 2020
This week the median list price for Glendale, CA is $1,299,000 with the market action index hovering around 54. This is an increase over last month's market action index of 50. Inventory has held steady at or around 43. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Glendale market.
Median List Price $1,299,000
Per Square Foot $608
Days on Market 85
Price Decreased 19%
Price Increased 2%
Relisted 9%
Inventory 43
Median Rent $4,275
Most Expensive $2,999,999
Least Expensive $698,000
Market Action 54
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
$2,049,000 3,244 0.25 - 0.5 acre 4 4 74 0 3 120
$1,595,000 3,012 8,000 - 10,000 sqft 4 3 49 1 3 66
$1,225,000 2,262 8,000 - 10,000 sqft 3 3 56 1 5 64
$799,500 1,190 6,500 - 8,000 sqft 2 2 79 1 7 93