Let’s take a closer look at the Glendale Housing Market for June 2021:
Last month sixty-nine homes sold which was the highest number of Glendale home sales year to date. Just ten of these properties sold for less than asking price. Only four homes had price reductions before eventually selling.
The least expensive home sale was a three bedroom, two bathroom, 1,050 square foot home located at 1139 E. Lexington Dr. which sold for $750,000. The most expensive home sale was a four bedroom, four bathroom, 3,738 square foot home located at 341 Emerald Isle Dr. which sold for $2,425,000.
The median selling price is $1,400,000. This indicates that half of Glendale home sales sold for more than $1,400,000. And one half for less. The average selling price is just under $1.5 m. Most Glendale homes are selling quickly and substantially over list price. Six homes sold for $2,000,000 or more. Just six Glendale homes sold for under $1,000,000.
I’ve been reading that the numbers are beginning to recede just a bit nationwide. Guess they weren’t looking at Glendale in those reports!