Let’s dissect Glendale Housing Stats April 2020. Because of the coronavirus, quite a few Glendale escrows were canceled 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.
So where do we see Glendale real estate values heading? Two forces prevent a collapse in house prices. First, Glendale’s housing markets face a large supply deficit. Second, population growth and pent-up household formations provide a tailwind to housing demand.
Related Post: 1920 Starvale Road Glendale Closed
