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...
How’s the Glendale real estate market? Glendale Real Estate Values March 2014: 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
...
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...
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...
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 ...
2013 was a banner year for Glendale, California, and Glendale real estate. Glendale was just announced as the winner of the 2013 Curbed Cup for LA's Neighborhood of the Year.
2013 also saw a dramatic price jump for the average selling pr...
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. ...
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...
Glendale Real Estate Stats: The average standard Glendale home sale is on the market for 41 days (DOM). The average short sale is just 28 days. This is odd. The short-sale lender typically approves the sale after the seller receives and signs a...