Single-Family Homes
Thu Apr 24 2025
This week the median list price for Glendale, CA is $1,679,000 with the market action index hovering around 51. This is an increase over last month's market action index of 46. Inventory has increased to 73.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.
Median List Price | $1,679,000 | |
Median Price of New Listings | $1,389,000 | |
Per Square Foot | $847 | |
Average Days on Market | 53 | |
Median Days on Market | 14 | |
Price Decreased | 33% | |
Price Increased | 0% | |
Relisted | 11% | |
Inventory | 73 | |
Median Rent | ||
Market Action | 51 | |
Strong Seller's Market |
This week saw relatively little price change from last week. However, prices continue to demonstrate a nice up trend over the last several weeks.
Each segment below represents approximately 25% of the market ordered by price.
Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
---|---|---|---|---|---|---|---|---|
$2,672,500 | 3,023 | 0.25 - 0.5 acre | 4 | 3.5 | 64 | 3 | 2 | 28 |
$1,987,000 | 2,296 | 0.25 - 0.5 acre | 3 | 2.8 | 74 | 4 | 4 | 14 |
$1,412,500 | 1,796 | 6,500 - 8,000 sqft | 3 | 2 | 87 | 6 | 7 | 10 |
$1,099,500 | 1,282 | 4,500 - 6,500 sqft | 3 | 2 | 89 | 4 | 2 | 28 |