Real Estate Market Update for 85306 (Glendale, AZ)

Video: Real Estate Community Tour for 85306 (Glendale, AZ)

See Real estate community tour for 85306 (Glendale, AZ)
Welcome to August's Market Update. Let’s take a look at residential real-estate activity in your area during the month of July. The number of active listings was up 12% from one year earlier, and up 15% from the previous month. This continued upward trend reflected a healthy inventory for buyers to choose from. As you can see, the median listing price for the month was just under 230-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 21%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 210-thousand dollars. The number of units sold decreased 18% year-over-year, and decreased 18% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. 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.
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Map Information for 85306 (Glendale, AZ)
Area Information for 85306 (Glendale, AZ)
  • Population: 26,211
  • Median Age: 36.59 yr
  • Median Commute Time: 26 mins
  • Educational Climate*: 3
  • Sales Tax: 6%
  • Population Density: 4,678/sq mi
  • Population Change Since 2000: .17%
  • Closest Airport: Phoenix Sky Harbor International
  • Closest College: Thunderbird School Of Global Management
  • Closest Jr. College: Paralegal Institute
  • Median Household Income: $53,852
  • Annual Residential Turnover: 18%
  • Median Home Sales Price: $170,950
  • Closest Major Sports Team: Phoenix Coyotes
  • Change Avg. Household Income Since 2000: 17.75%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 85306 (Glendale, AZ)
Median Age: 36.59 Married: 36% Number of Households: 9,679 Households with Children: 2,672
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 85306 (Glendale, AZ)

      School Name Distance Type Grades School Rating Parent Rating
      Kachina Elementary School 0.5 mi Public K-8 3 0
      Canyon Elementary School 0.6 mi Public K-8 3 0
      Sunflower School 0.6 mi Public - 0 0
      Desert Heights Charter School 0.8 mi Public PRESCHOOL-4 3 0
      Intelli School Glendale Site 0.9 mi Public 9-12 1 0
      Jefferson Preparatory High School 0.9 mi Public - 0 0
      Hope High School Online 0.9 mi Public 9-12 1 0
      Blueprint Education 0.9 mi Private 9-12 0 0
      Sunrise Montessori School 1.1 mi Private PRESCHOOL-6 0 0
      Sunburst School 1.1 mi Public PRESCHOOL-6 3 3
      Tutor Time Child Care/ Learning Centers 1.2 mi Private PRESCHOOL-PRESCHOOL 0 0
      West-mec - Cactus High School 1.2 mi Public 9-12 0 0
      Cactus High School 1.2 mi Public 9-12 2 3
      Pioneer Elementary School 1.2 mi Public K-8 2 0
      Foothills Elementary School 1.2 mi Public PRESCHOOL-8 3 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2016. School Performance data by SchoolDigger.com. School Review data by Niche.com.
      Local Weather for 85306 (Glendale, AZ)
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.