Market Report

Glendale, CA

Single-Family Homes

Chartwell Escrow | 310.740.1708



Glendale, CA

Wed Sep 22 2021
This week the median list price for Glendale, CA is $1,275,000 with the market action index hovering around 72. This is less than last month's market action index of 74. Inventory has decreased to 46. 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 have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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, CA

Wed Sep 22 2021
This week the median list price for Glendale, CA is $1,275,000 with the market action index hovering around 72. This is less than last month's market action index of 74. Inventory has decreased to 46. 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 have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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 $1,275,000
Median Price of New Listings $1,044,950
Per Square Foot $706
Average Days on Market 32
Median Days on Market 14
Price Decreased 15%
Price Increased 2%
Relisted 7%
Inventory 46
Median Rent $2,098
Market Action 72
Strong Seller's Market

Despite this week’s down tic, the market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this shift.

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
$1,875,000 2,872 0.25 - 0.5 acre 4 3 49 2 2 28
$1,349,000 1,927 8,000 - 10,000 sqft 3 3 72 5 3 14
$1,012,450 1,534 6,500 - 8,000 sqft 3 2 78 5 3 7
$799,450 978 4,500 - 6,500 sqft 2 1 96 6 3 3