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Glendale, AZ 85308

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Glendale, AZ 85308

Fri Jan 21 2022
This week the median list price for Glendale, AZ 85308 is $552,500 with the market action index hovering around 80. This is an increase over last month's market action index of 79. Inventory has decreased to 44. 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

The market remains in a relative stasis in terms of sales to inventory and prices have been relatively stable for a few weeks. 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 85308

Fri Jan 21 2022
This week the median list price for Glendale, AZ 85308 is $552,500 with the market action index hovering around 80. This is an increase over last month's market action index of 79. Inventory has decreased to 44. 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

The market remains in a relative stasis in terms of sales to inventory and prices have been relatively stable for a few weeks. 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 $552,500
Median Price of New Listings $450,000
Per Square Foot $259
Average Days on Market 32
Median Days on Market 21
Price Decreased 16%
Price Increased 0%
Relisted 5%
Inventory 44
Median Rent $2,500
Market Action 80
Strong Seller's Market

While the median price in this zip code hasn’t moved much in the last few weeks, we are relatively close to the market’s high-water mark. 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
$639,000 2,642 6,500 - 8,000 sqft 4 3 26 3 0 7
$589,000 2,300 6,500 - 8,000 sqft 4 2.5 27 2 2 28
$520,000 1,914 6,500 - 8,000 sqft 4 2 27 3 3 21
$399,000 1,524 4,500 - 6,500 sqft 3 2 36 5 4 7