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Glendale Housing Stats April 2020

Let’s dissect Glendale Housing Stats April 2020. Because of the coronavirus, quite a few Glendale escrows cancelled last month.  We are in what should be the peak spring home selling season, but yet COVID has changed that.  Interesting to note that the average price per square foot year over year is almost identical.

Last month the lowest priced home sold was a two bedroom, one bathroom, 1,422 sq ft home on Columbus for $600,000 and the most expensive sold was a six bedroom, seven bathroom, 7,922 sq ft at 1920 Starvale Rd. for $2,950,000.

Glendale Housing Market Stats April 2020

 

Glendale Market Update April 2019

 

So where do we see Glendale real estate values heading? Two forces prevent a collapse in house prices. First, Glendale housing markets face a large supply deficit. Second, population growth and pent up household formations provide a tailwind to housing demand.

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