Market at a Glance. Real Estate Activity in Glendale, California’s Niche Communities. Glendale, California, is known for its beautiful neighborhoods and thriving real estate market. Among the various niche communities that make up Glendale, Chevy Chase Canyon, Emerald Isle, and Glenoaks Canyon stand out for their unique charm and proximity to two renowned golf courses, Chevy Chase Country Club and Scholl Canyon. As of July 21, 2023, let’s take a closer look at the recent real estate market activity in these areas over the past 30 days.
Current Market Activity. Currently, are ten properties available for sale in Chevy Chase Canyon, Emerald Isle, and Glenoaks Canyon. The median list price for these homes is $1,884,500, offering prospective buyers an enticing selection of upscale properties. On average, these homes are priced at approximately $782 per square foot, reflecting the community’s high desirability and premium nature.
Recent Sales Activity. Over the past 30 days leading up to July 21, 2023, 9 properties sold in the area. The median sale price for these closed sales amounted to $1,800,000. One notable aspect distinguishing the real estate market in these communities is the rapid pace of sales; on average, properties were only on the Market for nine days before finding a buyer. This demonstrates the strong demand and competitiveness of the area’s housing market.
Market at a Glance. The recent market activity in Chevy Chase Canyon, Emerald Isle, and Glenoaks Canyon indicates a vibrant real estate scene. With a relatively small inventory of 10 properties for sale, it’s evident that demand is outpacing supply in these niche communities. The median list price of $1,884,500 and median sale price of $1,800,000 signify the presence of upscale homes, attracting buyers seeking premium living experiences.
Moreover, the average price per square foot of $782 highlights these properties’ value, making them an attractive investment for those looking for both luxury and long-term growth potential. The average market time of 9 days indicates that well-priced and desirable homes in these areas are selling quickly, underlining the competitive nature of the real estate market in Glendale.
The real estate market in Glendale’s niche communities of Chevy Chase Canyon, Emerald Isle, and Glenoaks Canyon is flourishing, with high demand and impressive sales activity. Buyers are drawn to the upscale homes and unique charm these neighborhoods offer, while the proximity to Chevy Chase Country Club and Scholl Canyon enhances the overall appeal. As of July 21, 2023, the Market continues to favor sellers, with homes selling rapidly at competitive prices.
For those looking to buy or sell in these communities, staying informed about the dynamic market conditions will be essential. As the summer season progresses, it will be interesting to see how the real estate landscape in Glendale evolves, and we will keep a close eye on the Market at a Glance.