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By SAM LAWMASTER, REALTOR 11/15/2016 7:00 AM MST
Through October, Glendale had a total of 5,290 active residences for sale so far in 2016. At 1,190 residences for sale the 200,000-249,999 price range reported one of the largest numbers of units listed. When compared to the same period during 2015, which had 5,280 for sale homes, Glendale posted a 0.2% increase in the total active residential listings inventory, a year-over-year advance of 10. The area's average active list price year to date of $242,008 showed an increase of 6.7% over the average price of $226,914 from the same period one year ago.
As of October 2016, Glendale AZ recorded 3,551 residential homes sold year to date, and the average closed sales price of $220,612 saw a gain of 5.7% above the average closed price of $208,742 from the same time period in 2015. Compared to this period during 2015, which reported 3,538 sold properties, Glendale posted a 0.4% gain in total number of sold listings, a year-to-year net rise 13 closed sales transactions. With 797 home sales year to date, the 200,000-249,999 price category reported one of the largest numbers of sales.
Sam Lawmaster is a Glendale REALTOR specializing in residential listings. Market data courtesy of Arizona Regional Multiple Listing Service and deemed reliable but not guaranteed; percentages rounded. To receive the most current local real estate market info or to obtain a free evaluation of your property, please contact Sam Lawmaster with Realty ONE Group at (602) 680-8096 or TheLawmasters@gmail.com.