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Glendale, AZ 85306

Single-Family Homes

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Glendale, AZ 85306

Fri Jan 21 2022
This week the median list price for Glendale, AZ 85306 is $439,900 with the market action index hovering around 65. This is less than last month's market action index of 66. Inventory has decreased to 13. 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, AZ 85306

Fri Jan 21 2022
This week the median list price for Glendale, AZ 85306 is $439,900 with the market action index hovering around 65. This is less than last month's market action index of 66. Inventory has decreased to 13. 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 $439,900
Median Price of New Listings $439,900
Per Square Foot $241
Average Days on Market 47
Median Days on Market 35
Price Decreased 23%
Price Increased 0%
Relisted 8%
Inventory 13
Median Rent $1,785
Market Action 65
Strong Seller's Market

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move 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
$503,544 2,466 0.25 - 0.5 acre 4 2 44 1 1 42
$446,000 1,832 6,500 - 8,000 sqft 3 2 43 3 1 0
$425,000 1,800 6,500 - 8,000 sqft 3 2 49 2 1 56
$395,500 1,284 6,500 - 8,000 sqft 3 2 44 2 0 21