Glendale

West Valley Prices mostly increasing

Prices are up across the West Valley when comparing July ‘19 with July ‘18, except for Litchfield Park - which surprisingly showed a $21,400 decrease in the median sales price YoY. This might be a statistical fluctuation due to the smaller sales volume - I will run a more detailed report for Litchfield Park next month when August numbers are available, and maybe again once we reach the end of the 3rd Quarter.

In the meantime, we have shown this week that prices have risen across (just about) the entire Valley compared to last year.

-

- Chris Butterworth

-

Simple MLS Charts is supported by readers like you. If you find these charts useful, please consider becoming a patron with a small monthly pledge on Patreon.

* All chart data represents single-family detached homes only. Information is believed accurate but not guaranteed.

 

Glendale prices surge over the summer

After remaining flat for 9 months, the Median Sales Price in Glendale surged upward over the summer, to $266,000 in July, up $16,000 YoY from $250,000 in July ‘18. If the trend repeats from last year, we would expect to see prices stabilize over the coming months.

-

- Chris Butterworth

-

Simple MLS Charts is supported by readers like you. If you find these charts useful, please consider becoming a patron with a small monthly pledge on Patreon.

* All chart data represents single-family detached homes only. Information is believed accurate but not guaranteed.

 

Glendale prices rise in 2nd Qtr

Glendale’s Median Sales price grew 4% in the 2nd Qtr, compared YoY with Q2 2018. The median sales price of $260,400 shows a 32% growth over the last 4 years, since the $197,000 median price posted in Q2 2015.

-

- Chris Butterworth

-

Simple MLS Charts is supported by readers like you. If you find these charts useful, please consider becoming a patron with a small monthly pledge on Patreon.

* All chart data represents single-family detached homes only. Information is believed accurate but not guaranteed.

 

Glendale Prices Remain Flat

I pointed to some concerns about the pricing trend in Glendale a couple months ago (Mixed Signals in Glendale), and today’s follow-up chart confirms my suspicions.

Glendale’s Median Sales Price in May was up about 1% YoY from last May’s, $262,500 compared with $259,900 in May ‘18, after being down-to-flat for the entire 12 months in-between.

The high season isn’t over yet, so there’s still a chance for some price appreciation over the summer, but if we don’t see a bump in the next couple of months we could be in for a 2-year slowing trend…

-

- Chris Butterworth

-

Simple MLS Charts is supported by readers like you. If you find these charts useful, please consider becoming a patron with a small monthly pledge on Patreon.

* All chart data represents single-family detached homes only. Information is believed accurate but not guaranteed.

 

Glendale Prices Rising in spring

The median price per square foot crossed the $150/sqft mark in Glendale last month, up $12/sqft over last April and continuing the trend of rising prices this spring.

-

- Chris Butterworth

-

Simple MLS Charts is supported by readers like you. If you find these charts useful, please consider becoming a patron with a small monthly pledge on Patreon.

* All chart data represents single-family detached homes only. Information is believed accurate but not guaranteed.