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Glendale, AZ 85305

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Glendale, AZ 85305

Fri Jan 21 2022
This week the median list price for Glendale, AZ 85305 is $470,000 with the market action index hovering around 76. This is an increase over last month's market action index of 66. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Glendale, AZ 85305

Fri Jan 21 2022
This week the median list price for Glendale, AZ 85305 is $470,000 with the market action index hovering around 76. This is an increase over last month's market action index of 66. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Real-Time Market Profile

Never miss important changes in the Glendale market.
Median List Price $470,000
Median Price of New Listings $460,000
Per Square Foot $216
Average Days on Market 48
Median Days on Market 35
Price Decreased 20%
Price Increased 20%
Relisted 20%
Inventory 5
Median Rent $3,150
Market Action 76
Strong Seller's Market

In the last few weeks we’ve seen prices in this zip code bouncing around this plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate 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
$599,900 3,086 0.5 - 1 acre 4 3 22 0 1 98
$489,000 2,260 0 - 4,500 sqft 3 2.5 10 0 1 35
$470,000 2,545 6,500 - 8,000 sqft 4 2.5 18 0 0 14
$450,500 1,959 0 - 4,500 sqft 3 2 19 1 1 45