Glendale median house price up 40% in 2 years

By Steve Stockmar | Your Valley

Whether Valley residents will first see relief from soaring home prices or relief from extreme weather is a hot summer topic right now.

While temperatures setting records in June, the real estate market in cities like Glendale is experiencing similarly wild twists and turns. Consider the seven-day median list price citywide in Glendale, according to figures compiled by industry market researcher Altos, has jumped from $303,513 in June 2019 to $345,000 in June 2020 to $424,900 in June 2021.

That’s a 40% rise in two years.

A closer look at the north side of town, where higher-priced homes are listed, gets even wilder.

Homes in the 85310 ZIP code, say figures from the Arizona Regional Multiple Listing Service, show an average list price leap from $577,137 in May 2020 to $847,583 in May of this year.

That’s almost a 47% jump in just one year.

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