The average Glendale home is taking a bit longer to sell (days on market). Short sales and REO’s (foreclosures) continue to have little impact on Glendale real estate values. 13% of Glendale homes sales closed with cash. A year ...
The big news with Glendale real estate values are the record-breaking sales prices at Glendale’s Americana at Brand. Although these condo sales are from June, I thought they were certainly worth a mention. Two units (1893 & 1894 ...
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. Last month there was one luxury real estate sale in Glendale.
&nbs...
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
Search all Glendale real estate here
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.
Search Glendale Real Estate Here
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...
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...