$5,462 Closing Credit*
$459,998
674 SqFt
1 Bed
•1 Full Bath
Berge Berberian, Listing Office: Silver Spoon Properties
Is Glendale, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
Since last year, Glendale has remained a Seller's Market.
Key Takeaway
Glendale is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Glendale, CA
How much do homes in Glendale, CA cost?
Median Sold Price
$1,150,000
$709/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$15,777(+1.4%)
Key Takeaway
Homes in Glendale have sold for 1.4% more than they did a year ago.
Summary: The median home sold price in Glendale was $1,150,000 in August 2024, up 1.4% from last year, and the median price per square foot was $709.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $480K | $500K | +4.2% |
| 2 Bedrooms | $747.5K | $796.1K | +6.5% |
| 3 Bedrooms | $1.2M | $1.2M | +3.2% |
| 4 Bedrooms | $1.6M | $1.7M | +4.9% |
| 5+ Bedrooms | $2.2M | $2.2M | -1.0% |
Summary: Glendale housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.2%, 2 bedroom homes increased by 6.5%, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 4.9%, and 5+ bedroom homes decreased by 1%.
Median Sold Price Compared To Nearby Cities
| Pasadena | $1.0M | $1.2M | +9.6% |
| La Canada Flintridge | $2.2M | $2.4M | +9.4% |
| La Crescenta | $1.2M | $1.2M | +7.1% |
| Burbank | $1.0M | $1.1M | +3.6% |
| Glendale | $1.1M | $1.1M | +1.4% |
Housing Supply in Glendale, CA
How many homes are available in Glendale, CA?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 237 | 256 | +8.0% |
Summary: The Glendale real estate market had 256 homes for sale in August 2024, a 8.0% increase compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 16 | 18 | +12.5% |
| 2 Bedrooms | 87 | 93 | +6.9% |
| 3 Bedrooms | 76 | 75 | -1.3% |
| 4 Bedrooms | 33 | 41 | +24.2% |
| 5+ Bedrooms | 25 | 29 | +16.0% |
Summary: The Glendale housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 12.5%, 2 bedroom homes increased by 6.9%, 3 bedroom homes decreased by 1.3%, 4 bedroom homes increased by 24.2%, and 5+ bedroom homes increased by 16%.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 73 | 66 | -9.6% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
39 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Glendale, you could pay more than the asking price. 59.1% of homes here sold above asking price last month.
Summary: A total of 66 homes were sold or pending in Glendale in August 2024, down by 9.6% month-over-month. Of the 66 sold homes, 29% were sold under asking, 12% were sold at asking, and 59% were sold over asking.
Days on Market for Glendale, CA
How long does it take to sell a home in Glendale, CA?
Average Sale Time
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 17 Days | 33 Days | +87.5% |
Summary: Homes in Glendale had an average of 33 days on market in Aug 2024, up by 87.5% compared to last year.
Breakdown of Home Sale Times
44 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Glendale are selling fast, if you're buying plan to act quickly.
Summary: During August 2024, 66 homes were sold in Glendale; 67% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.