Glendale home prices rise, but number of sales dip

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By Welcome-to-Glendale-ArizonaSterling Fluharty | Glendale Star

Home prices in Glendale have been rising for the last few months, even as the rate of sales dipped further than usually happens over the holidays.

From October to December, the median sale price rose from $160,000 to $176,000, according to market condition statistics available at greenleafaz.com.

The median price for the fourth quarter was $170,500, according to trulia.com. That represents a 1.5 percent rise, or $2,500, since the prior quarter, as well as an increase of 3 percent since the same period in 2013.

Sale prices in the city have gone up 45 percent over the last five years, according to trulia.com, but they are still about 30 percent below their crest at nearly $245,000 in mid-2006.

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