Deasy Penner Podley's Market Report

Glendale, CA

Single-Family Homes

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



Glendale, CA

Thu Feb 20 2020
This week the median list price for Glendale, CA is $1,100,000 with the market action index hovering around 50. This is an increase over last month's market action index of 48. Inventory has held steady at or around 51. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. 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, prices are likely to resume an upward climb.

Glendale, CA

Thu Feb 20 2020
This week the median list price for Glendale, CA is $1,100,000 with the market action index hovering around 50. This is an increase over last month's market action index of 48. Inventory has held steady at or around 51. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. 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, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Glendale market.
Median List Price $1,100,000
Per Square Foot $575
Days on Market 95
Price Decreased 25%
Price Increased 2%
Relisted 10%
Inventory 51
Median Rent $3,575
Most Expensive $2,999,999
Least Expensive $525,000
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
$1,962,000 3,110 0.25 - 0.5 acre 4 4 75 1 0 124
$1,395,000 2,288 8,000 - 10,000 sqft 3 3 56 3 3 98
$980,000 1,696 6,500 - 8,000 sqft 3 2 81 4 1 62
$789,000 1,418 4,500 - 6,500 sqft 2 2 85 2 2 97