Real Estate Market Update for
85306 (Glendale, AZ)
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Welcome to our monthly "Market Update". Let's take a look at residential real-estate activity in your area during the month of March. The number of active listings was up 2% from one year earlier and down 13% from the previous month Even so, buyers still enjoyed a greater selection of homes today than they did one year ago. As you can see, the median listing price for the month... was just under 150-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 20% This lower number of days may signal a positive trend in the local inventory-turnover rate. Meanwhile, The median sale price was just under 150-thousand dollars. Overall, The number of units sold Decreased 27% year-over-year and Increased 4% month-over-month Despite a slight annual decrease, this upward monthly sales-trend indicates positive momentum. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Map Information for 85306 (Glendale, AZ)
Area Information for 85306 (Glendale, AZ)
Community Character:Moderate Residential Turnover
Population:23,361
Median Age:32.7 yr
Median Commute Time:23.15 mins
Educational Climate*:4
Recycling Likelihood**:107
Sales Tax:5%
Population Density:4,069/sq mi
Population Change Since 2000:-10%
Closest Airport:Phoenix Sky Harbor International
Closest College:Intl Import-export Inst
Closest Jr. College:Long Technical College
Median Household Income:$57,348
Annual Residential Turnover:20.85%
Median Years in Residence:2.98 yr
Median Home Sales Price:$88,099
Closest Major Sports Team:Peoria Mariners (r)
Change Avg. Household Income Since 2000:15%
* Scale from 1-5 ** Index where 100 is the national average
Demographic Data for 85306 (Glendale, AZ)
Median Age: 32.7Married: 41%Number of Households: 8,999Households with Children: 2,979
Community:
Occupancy Types
3599Vacant
8822Owned
12512Rented
Transportation to Work
43%Drive
47%Public Transportation
8%Walk / Bike / Other
8%Work at Home
National Index Comparisons:
(100 National Average)