The state of the Glendale Real Estate Market

Which Glendale homes are selling, and for how much?
According to MLS stats, 27 Glendale homes have closed escrow (October mtd). From a 676 sq ft home which sold for $344,000 to the view home on Polaris which sold for $1,600,000.

The homes which sold, continue to sell near final asking price, over 96% (to final asking). Average current days on market is  77. As escrows are "typically" about 45 days, that equates to approximately one month marketing prior to entering escrow.   Note: the average selling price is $791,548 BUT the "median price" is only $670,000. 
 
Not quite the doom and gloom we are reading or hearing.  

 

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