63% of Glendale’s January home sales were foreclosure or short sales
30 Glendale homes closed escrow in January. And a whopping 63% were foreclosures or short sales, traditional sales represented less than 40% of the Glendale real estate market. In December, “only” 27% of Glendale home sales were foreclosures or distress sales.
Glendale's real estate statistics (the percentage of short sales and foreclosures) are much higher than nearby communities of Pasadena, La Canada or La Crescenta which are nearer the 25% range.
Average selling price of traditional sales was nearly $650,000 while the average selling price of Glendale short sales and foreclosures was under $500,000
Search for Glendale Foreclosures here:
Find Glendale Short Sales here:
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Posted by Phyllis Harb at 2/17/2011 2:30 AM 
Categories: Glendale, Real Estate Market Stats
Tags: real estate market statistics glendale
Categories: Glendale, Real Estate Market Stats
Tags: real estate market statistics glendale
The Los Angeles-Long Beach metro area was the No. 3 most searched market in the country in January, according to data released yesterday by Realtor.com.
While the national median list price was $199,000 last month, in the L.A. area, the median list price was $340,000.
The median price was down almost 15% compared to last January, so it is a great time to buy right now.
--Jill Kipnis, Community Builder @Realtor.com
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