Glendale Market Forecast

Dated: 12/17/2018

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85308 Glendale
PLAIN ENGLISH
MARKET FORECAST

This analysis for Glendale is based on the statistical 'median' listing price (which is different from the average price). The median value is used to peer into the 'trend' of prices. The actual 'average' listing prices will be higher.

If you want a great deal on a home, the median listing price for Glendale is $299,900, and although many listing prices may be higher, this internal 'core value' trend has already gone up since last month. What this means to you is that you have competition. Prices going up means there are more ready buyers than sellers in the Glendale area pushing the core values of homes up. If you want a great deal on a home in the Glendale area, you need to act sooner than later. What this all means to you is that you don't have as much time as you think you do.
Already this month, 16.5% of the current homes for sale reduced their prices. Which means many homes in Glendale are overpriced, and there is room for negotiation and are eager to sell. What this means to you is that you can shop for homes in the Glendale area that are a little more higher priced, knowing that you can negotiate the price down.
So start looking now so you can get the nicest home in the best Glendale neighborhoods at the best price.

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85308 Glendale PLAIN ENGLISH

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