Glendale Housing Stats for October 2018. Last month 47 Glendale homes closed escrow. Selling prices ranged from $580,000 for a two-bedroom, one-bath, 912 sq ft home on Maple St. to $2,285,000 for a four-bedroom, four-bath, 2,962 sq ft estate on Balmoral Dr.
Nineteen of the Glendale homes sold for over asking price. Three sold at asking price, and twenty-six sold for less. Only four (less than 10%) of Glendale homes had a price reduction prior to selling. The median selling price was $1,157,000 up from last month.
According to Core Logic, Southern California home sales hit the brakes in June, falling to the lowest reading for the month in four years. Sales of both new and existing houses and condominiums dropped 11.8 percent year over year, as prices shot up to a record high. Their report covers Los Angeles, Riverside, San Diego, Ventura, San Bernardino and Orange counties.
That’s a wrap for Glendale Housing Stats for October 2018.
To learn more about the Glendale community check out my real estate website @ www.HarbandCo.com
