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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

Glendale Real Estate Values March 2014

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 ...

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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...

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Glendale Real Estate Values 1

Glendale Real Estate Values January 2014

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 December 2012

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 ...

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Glendale Luxury Home Sales 1

Glendale Luxury Home Sales 2013

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...

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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!

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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Glendale real estate stats

Glendale real estate stats

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...

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