Last month there were twenty six Glendale homes sold for over $1,000,000 – hence the median selling price of $1,025,500 – wow! Sales ranged from $535,000 for a 616 square foot home to $1,825,000 for a 3,291 square foot view home on Maginn Drive. Online evaluations, such as Zillow are sometime misleading because to date, they don’t have a way to determine the type of view a specific home offers. For instance on Maginn, not all the views are equal… some are spectacular.
Note in the month’s Glendale, CA real estate market report that the price per square foot, average selling price and median price are all at the highest point for the year. Only three Glendale homes sold for $600,000 or less. None of this bodes well for first time buyers.
Home buyers and sellers can click here to keep up to date on Glendale home values.