While the average standard Glendale home sale is on the market 41 days (DOM) the average short sale is just 28 days. Odd considering that the short sale lender typically approves the sale after an offer has been received and signed by the...
Each community has a different price point for luxury real estate. In Glendale, generally, anything $1,500,000 and higher is considered luxury real estate.
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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...
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
...
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...
I just listed this two-bedroom, two-bath condo located at 3481 Stancrest Drive in Glendale.
In addition to its convenient location and blue-ribbon school district it has been beautifully updated with a designer kitchen and custom clo...
This Glendale duplex is within walking distance to the Glendale Americana. The front house has been updated and offers 4 bedrooms, 3 baths and family room. There is laundry in the attached garage. The 3 bedroom, 1 bath back house is curre...
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...
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 ...
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...