Is Glendale, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Glendale has remained a Seller's Market.
Housing Prices in Glendale, AZ
How much do homes in Glendale, AZ cost?
Median Sold Price
$424,631
$246/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Glendale was $424,631 in April 2024, down 0.1% from last year, and the median price per square foot was $246.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $175K | $185K | +5.7% |
2 Bedrooms | $275K | $289K | +5.1% |
3 Bedrooms | $410K | $400K | -2.4% |
4 Bedrooms | $480.4K | $488.6K | +1.7% |
5+ Bedrooms | $612.5K | $629K | +2.7% |
Summary: Glendale housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.7%, 2 bedroom homes increased by 5.1%, 3 bedroom homes decreased by 2.4%, 4 bedroom homes increased by 1.7%, and 5+ bedroom homes increased by 2.7%.
Median Sold Price Compared To Nearby Cities
Peoria | $498.3K | $499.8K | 0.3% |
Glendale | $425K | $424.6K | -0.1% |
Litchfield Park | $524.9K | $504.3K | -3.9% |
El Mirage | $375K | $358.9K | -4.3% |
Housing Supply in Glendale, AZ
How many homes are available in Glendale, AZ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
934 | 981 | +5.0% |
Summary: The Glendale real estate market had 981 homes for sale in April 2024, a 5.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 6 | 7 | +16.7% |
2 Bedrooms | 93 | 103 | +10.8% |
3 Bedrooms | 418 | 450 | +7.7% |
4 Bedrooms | 315 | 320 | +1.6% |
5+ Bedrooms | 102 | 101 | -1.0% |
Summary: The Glendale housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes increased by 10.8%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 1.6%, and 5+ bedroom homes decreased by 1%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
247 | 274 | +10.9% |
Asking Price vs. Sold Price
123 Homes Were Sold
Under Asking
77 Homes Were Sold
At Asking
74 Homes Were Sold
Over Asking
Summary: A total of 274 homes were sold or pending in Glendale in April 2024, up by 10.9% month-over-month. Of the 274 sold homes, 45% were sold under asking, 28% were sold at asking, and 27% were sold over asking.
Days on Market for Glendale, AZ
How long does it take to sell a home in Glendale, AZ?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
58 Days | 50 Days | -14.1% |
Summary: Homes in Glendale had an average of 50 days on market in Apr 2024, down by 14.1% compared to last year.
Breakdown of Home Sale Times
127 Homes Were Sold
Under 30 Days
94 Homes Were Sold
In 30 - 90 Days
53 Homes Were Sold
Over 90 Days
Summary: During April 2024, 274 homes were sold in Glendale; 46% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.