Glendale Home Statistics for August 2018: Last month forty-eight homes Glendale homes closed escrow. Selling prices ranged from $725,000 for a 2+1, 825 sq ft on Arch Place to $1,795,000 for a 5+4, 4,196 sq ft estate on Scholl Drive.
The average Glendale home is currently selling in about a month. Twenty-four of the Glendale August home sales sold for over the asking price. Eight sold at the asking price, and sixteen sold for less. This continues to prove that an effective marketing plan with an aggressive asking price will net Glendale home sellers the highest profit. Last month, there were three price reductions, indicating the market is leveling off.
What makes Glendale real estate so valuable? The Glendale school district offers language immersion programs, the city offers great shopping and restaurants. And don’t forget Glendale’s beautiful historic neighborhoods with so many architecturally significant homes.
