Glendale 91208 Market at a Glance
As we look at the Glendale 91208 real estate market as of February 19, 2024, it’s clear that understanding these trends is vital for anyone entering the market, planning to sell, or simply owning a home in this area. Here’s a quick overview of the market in the past 30 days.
Current Active Listings: 11
This number shows a relatively limited inventory, indicating a potential seller’s market. Fewer listings mean fewer buyers’ choices but potentially higher demand for each listed property.
Median Listing Price: $1,495,000
A median listing price at this level suggests a market with a high value on properties, ideal for sellers looking to get a good return on their investment.
Median List Price per Square Foot: $756
This figure is an important indicator of the area’s overall property value, reflecting both the homes’ quality and the location’s desirability.
Total Homes Sold: 6
Six homes sold in the last month show a steady, though not rapid, sales pace, indicating consistent demand in the area.
Median Sold Price: $1,469,000
The median sold price being close to the listing price demonstrates a market where homes sell near their asking price, a positive sign for sellers.
Average Market Time: 45 days
An average market time of 45 days is a balanced indicator, suggesting that while properties are not selling immediately, they are also not languishing on the market.
Understanding these statistics is as important as monitoring stock market trends. Whether you’re buying, selling, or just keeping track of your property’s value, these numbers provide crucial insight.
How Can I Make This Market Work for You?
Understanding the market dynamics is crucial whether you want to buy or sell in this area. Let’s discuss your options and strategize the best plan for your real estate needs.
For more information or to schedule a consultation, you can contact me, Robbyn Battles, Broker Associate, at 818.388.1631 or email Robbyn@TheHouseAgent.com.
See the latest homes currently listed for sale.
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