Clear Title Agency of Arizona

Glendale, AZ 85307

Single-Family Homes

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Glendale, AZ 85307

Fri Jul 01 2022
This week the median list price for Glendale, AZ 85307 is $447,500 with the market action index hovering around 62. This is less than last month's market action index of 64. Inventory has increased to 8. 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 has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Glendale, AZ 85307

Fri Jul 01 2022
This week the median list price for Glendale, AZ 85307 is $447,500 with the market action index hovering around 62. This is less than last month's market action index of 64. Inventory has increased to 8. 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 has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Glendale market.
Median List Price $447,500
Median Price of New Listings $0
Per Square Foot $260
Average Days on Market 31
Median Days on Market 28
Price Decreased 63%
Price Increased 0%
Relisted 0%
Inventory 8
Median Rent
Market Action 62
Strong Seller's Market

Prices in this zip are remaining at a plateau, albeit significantly below the market’s peak. This week prices bumped down a bit, but not enough to indicate a resumed downward trend. Look for a persistent up-shift in the Market Action Index before we see prices significantly 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
$537,500 2,272 0.25 - 0.5 acre 4 2.5 23 0 0 24
$465,000 1,705 - 3 2 2 0 1 17
$442,000 1,707 6,500 - 8,000 sqft 3 2.3 24 0 0 42
$379,500 1,245 8,000 - 10,000 sqft 3 2 38 0 1 38