Is Glendale, NY 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 Buyer's Market.
Housing Prices in Glendale, NY
How much do homes in Glendale, NY cost?
Median Sold Price
$840,000
$542/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Glendale was $840,000 in March 2024, up 0.3% from last year, and the median price per square foot was $542.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $315K | $258K | -18.1% |
2 Bedrooms | $651.5K | $670K | +2.8% |
3 Bedrooms | $770K | $790K | +2.6% |
4 Bedrooms | $875K | $872.5K | -0.3% |
5+ Bedrooms | $999K | $999K | 0.0% |
Summary: Glendale housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 18.1%, 2 bedroom homes increased by 2.8%, 3 bedroom homes increased by 2.6%, 4 bedroom homes decreased by 0.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
Ridgewood | $1.0M | $1.0M | +2.9% |
Glendale | $837.5K | $840K | 0.3% |
Woodhaven | $718K | $718K | 0.0% |
Middle Village | $895K | $868.3K | -3.0% |
Housing Supply in Glendale, NY
How many homes are available in Glendale, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
88 | 99 | +12.5% |
Summary: The Glendale real estate market had 99 homes for sale in March 2024, a 12.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 12 | 11 | -8.3% |
3 Bedrooms | 26 | 31 | +19.2% |
4 Bedrooms | 9 | 9 | 0.0% |
5+ Bedrooms | 41 | 48 | +17.1% |
Summary: The Glendale housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 8.3%, 3 bedroom homes increased by 19.2%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 17.1%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
7 | 6 | -14.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Glendale in March 2024, down by 14.3% month-over-month. Of the 6 sold homes, 83% were sold under asking, 0% were sold at asking, and 17% were sold over asking.
Days on Market for Glendale, NY
How long does it take to sell a home in Glendale, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
123 Days | 94 Days | -23.5% |
Summary: Homes in Glendale had an average of 94 days on market in Mar 2024, down by 23.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During March 2024, 6 homes were sold in Glendale; 17% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.