To remain one of Glendale’s top real estate agents, we dissect the housing numbers each month. Explore the Glendale real estate market trends for April 2023. Although the number of homes sold decreased from the previous month, the average sales price and median price experienced hikes in the Glendale housing market. It is taking longer to sell Glendale homes. The selling price to list ratio is 97.49%, the lowest for the year.
Twenty-four homes were sold in Glendale last month, with half selling above their asking price and the other half selling below. The least expensive home sold was a two-bedroom, one-bathroom, 728 square-foot home at 709 Granada St. Initially listed for $599,000. It sold for $550,000 in thirteen days. The most expensive home sold in Glendale was an eight-bedroom, eight-bathroom, 7,200 square-foot located at 330 Kempton Rd. Mario Lopez was the seller of this home; click here to learn more about this luxury home.
When examining the housing market trends, it’s always interesting to note the average price per square foot fluctuation. On the low end was a 2793-square-foot home on Ridge Drive selling for just $490.51 per foot. On the high end was a 2177 square-foot Spanish on Hermosita selling for $996.55 per foot.