More than 1/3 of Glendale’s home sales were foreclosures or short sales – April, 2011

Other than the increase in percentage of Glendale short sales and foreclosure from last month, the only other major change is that the average selling price dropped over $100,000 (but March’s increase from February was a huge jump).

Last April, 39 homes sold. The Glendale real estate market declined from last year. Days on market was fewer at 65, average selling price of $650,141 (down 50k this year), percentage of sales price to list 98.28%. Average price per square foot was over $30k higher last April. Glendale foreclosures and short sales were 41% of the real estate market versus 37%
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