• calendar_month October 7, 2022
• folder Absorption Rate

Glendale, CA 91204 in specific is hotter than ever, why?? Inventory!!!!!! Today we have 5 single family homes active on market and in the last 30 days 4 sold! With more and more people flocking to what is amongst the safest cities it doesn't seem like the need for inventory will ever catch up to the demand! 

In the last 30 days we have seen a median list price of $1,195,000 and a median sold price of $1,467,500 with an average days on market being 10!! 

We are at an 80% Absorption rate and despite all the rumors of a crashing market Glendale,CA 91204 is staying steady at a health seller's market!