Clear Title Agency of Arizona

Glendale, AZ 85303

Single-Family Homes

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Glendale, AZ 85303

Fri Jan 21 2022
This week the median list price for Glendale, AZ 85303 is $449,000 with the market action index hovering around 81. This is less than last month's market action index of 84. Inventory has increased to 15. 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

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Glendale, AZ 85303

Fri Jan 21 2022
This week the median list price for Glendale, AZ 85303 is $449,000 with the market action index hovering around 81. This is less than last month's market action index of 84. Inventory has increased to 15. 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

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Glendale market.
Median List Price $449,000
Median Price of New Listings $399,000
Per Square Foot $226
Average Days on Market 26
Median Days on Market 7
Price Decreased 20%
Price Increased 0%
Relisted 0%
Inventory 15
Median Rent $2,375
Market Action 81
Strong Seller's Market

You can see that prices in this zip code are marching upward and that we’re getting close to the market’s all time high. Watch for persistent downward shift in the Market Action Index into the Buyer’s zone as a leading indicator of the price strength subsiding.

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
$534,800 2,359 6,500 - 8,000 sqft 3 2 22 0 0 49
$482,450 2,202 6,500 - 8,000 sqft 4 2.3 21 1 1 24
$414,900 1,965 4,500 - 6,500 sqft 4 2.3 22 3 2 0
$368,499 1,419 6,500 - 8,000 sqft 3 2 46 3 2 0