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Glendale, AZ 85307

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Glendale, AZ 85307

Fri Jan 21 2022
This week the median list price for Glendale, AZ 85307 is $450,000 with the market action index hovering around 79. This is an increase over last month's market action index of 75. Inventory has decreased to 5. 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 been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Glendale, AZ 85307

Fri Jan 21 2022
This week the median list price for Glendale, AZ 85307 is $450,000 with the market action index hovering around 79. This is an increase over last month's market action index of 75. Inventory has decreased to 5. 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 been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Real-Time Market Profile

Never miss important changes in the Glendale market.
Median List Price $450,000
Median Price of New Listings $457,500
Per Square Foot $244
Average Days on Market 24
Median Days on Market 21
Price Decreased 40%
Price Increased 0%
Relisted 0%
Inventory 5
Median Rent
Market Action 79
Strong Seller's Market

Prices in this zip code have been on a downward trend recently and this week, while essentially flat, doesn't break us out of that cycle.

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
$570,000 4,156 8,000 - 10,000 sqft 5 3 16 1 1 0
$465,000 2,420 - 3 2.5 3 1 2 49
$450,000 1,841 - 3 2 4 1 2 0
$395,450 1,402 4,500 - 6,500 sqft 2 2 34 1 1 35