Is Glendale, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Glendale has remained a Seller's Market.
Housing Prices in Glendale, CA
How much do homes in Glendale, CA cost?
Median Sold Price
$1,150,000
$706/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Glendale was $1,150,000 in March 2024, up 2.2% from last year, and the median price per square foot was $706.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $470K | $486.5K | +3.5% |
2 Bedrooms | $755K | $775K | +2.6% |
3 Bedrooms | $1.2M | $1.2M | 0.1% |
4 Bedrooms | $1.6M | $1.7M | +4.0% |
5+ Bedrooms | $1.9M | $2.3M | +17.9% |
Summary: Glendale housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.5%, 2 bedroom homes increased by 2.6%, 3 bedroom homes increased by 0.1%, 4 bedroom homes increased by 4%, and 5+ bedroom homes increased by 17.9%.
Median Sold Price Compared To Nearby Cities
Pasadena | $1.0M | $1.1M | +8.4% |
Glendale | $1.1M | $1.1M | +2.2% |
La Crescenta | $1.2M | $1.2M | +1.7% |
La Canada Flintridge | $2.3M | $2.3M | +1.0% |
Burbank | $1.1M | $1.1M | -1.1% |
Housing Supply in Glendale, CA
How many homes are available in Glendale, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
193 | 215 | +11.4% |
Summary: The Glendale real estate market had 215 homes for sale in March 2024, a 11.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 14 | 13 | -7.1% |
2 Bedrooms | 62 | 81 | +30.6% |
3 Bedrooms | 72 | 70 | -2.8% |
4 Bedrooms | 27 | 30 | +11.1% |
5+ Bedrooms | 18 | 21 | +16.7% |
Summary: The Glendale housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 7.1%, 2 bedroom homes increased by 30.6%, 3 bedroom homes decreased by 2.8%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
47 | 49 | +4.3% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
30 Homes Were Sold
Over Asking
Summary: A total of 49 homes were sold or pending in Glendale in March 2024, up by 4.3% month-over-month. Of the 49 sold homes, 33% were sold under asking, 6% were sold at asking, and 61% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
32 Days | 31 Days | -3.4% |
Summary: Homes in Glendale had an average of 31 days on market in Mar 2024, down by 3.4% compared to last year.
Breakdown of Home Sale Times
37 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During March 2024, 49 homes were sold in Glendale; 76% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.