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Glendale Market Stats

Glendale Real Estate Values Continue to Climb 1

Glendale Real Estate Values Continue to Climb

Last April, 51 Glendale homes sold; the absorption rate was 2.45%.  In April 2014, only 44 homes sold (due to a shortage of listing inventory), the absorption rate of 1.57% indicates an even stronger home sellers market. Last April the aver...

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Glendale Real Estate Values

How’s the Glendale real estate market?  Sales are down, prices are up.  Year to year comparison: Avg. Price per Sq Ft $356 (3/13) $411 (3/14) Avg. Days on Market 67 55 Avg. Sales Price $...

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20% of Glendale Homes Sales Were Cash! 2

20% of Glendale Homes Sales Were Cash!

A small (660 sq ft) Glendale home sold at $642 a foot which skewed most of Glendale’s numbers. The absorption  rate is the highest it’s been in the last fourteen months. An absorption rate of under 5.0% reflects a very strong seller’s m...

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Glendale Real Estate Values

Last January (2013) 37% of Glendale home sales were short sales or foreclosures whereas the January 2014 distress market is less than 5%.  Cash sales last year comprised 33% of Glendale real estate sales versus 11% in 2014.  The average price...

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Glendale Real Estate Values 4

Glendale Real Estate Values

In December 2012, 60 Glendale homes sold at an average price per square foot of $361.00; the average selling price was $666,158.  Glendale real estate values dramatically increased in 2013: The average price per square foot of Glendale home...

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Glendale Luxury Home Sales 1

Glendale Luxury Home Sales

2013 was a banner year for Glendale California, and Glendale real estate.  Glendale, was just announced as winner of the 2013 Curbed Cup for LA's Neighborhood of the Year.  2013 also saw a dramatic price jump for the average selling price ...

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18% increase in value for November 2013 1

18% increase in value for November 2013

Last November (2012), 52 Glendale homes sold at an average selling price of $678,660.  The average Glendale home sold last year for 98.8% of asking price and 23% of the Glendale home sales were short sales or foreclosures.  The average sellin...

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Glendale Real Estate Values are up 19% 1

Glendale Real Estate Values are up 19%

October 2012, the average Glendale, CA home sold for $339 per ft vs. this year’s $404.  Last year the average Glendale home took 55 days to sell vs. this year’s 45. In Oct. 2012, the average Glendale home sold for $668,474 vs. this year...

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Glendale Real Estate Values up 15% over last year 1

Glendale Real Estate Values up 15% over last year

I am concerned over how quickly Los Angeles real estate values have rebounded in one year. Last September the average sales price of a Glendale home was $623,755. The average price per square foot was $327.70 – 15% less than September 2013. ...

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Glendale Real Estate Values are up 17% in one year!

In August 2012, 64 homes sold in Glendale, (8 were short sales and 8 were foreclosures). The average selling price per square foot was $327.70 (17% less than this year).   I have been concerned over how quickly Los Angeles and Glendal...

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