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Are Glendale real estate values increasing? You be the judge. Let’s compare Glendale home prices year over year, Sept. 2011, versus Sept. 2012:
In Sept. 2011, 38 Glendale homes sold, versus 45 this Sept
In Sept. 2011, 38 Glendale homes sold, versus 45 this Sept
Last year the average price per sq ft was $308.07, versus this year’s $337.95
In 2011, a Glendale home seller could expect that it would take 75 days to sell his home, versus this year’s 56 day average (Days on Market aka DOM)
Last year the average selling price was $623,355, versus this year’s $623,755
In Sept. 2011, a Glendale home seller could anticipate that they would sell their home for 97.57% of list price versus this year’s 99.66%
Last year’s absorption rate of 4.61% indicated a more balanced market, versus this year’s 2.36%
Last September short sales and foreclosures comprised 39% of the Glendale real estate market, versus this year’s 24%
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