Glendale 91202 Real Estate Update: March 25 to April 24

If you're interested in the real estate market in Glendale, especially in the 91202 zip code, there are some interesting trends to note from the last 30 days.

First, let's talk about the available homes. As of now, there are 5 active listings in this area. The median list price among these homes is $1,159,000, which translates to about $847 per square foot. This means homes in Glendale 91202 are quite valuable, reflecting the desirable features of the area, like its proximity to amenities and good schools.

Now, looking at the homes that have recently sold, there's been quite a bit of activity. In the past month, 7 homes have successfully closed escrow, which indicates a healthy demand in this neighborhood. What's more impressive is how quickly these homes are selling. The median number of days these homes stayed on the market is just 9 days! This quick turnaround time suggests that homes in Glendale 91202 are very sought after and don't stay available for long.

Additionally, the median sold price for these homes was $1,295,000. This price is higher than the median list price, which might indicate that many homes are selling at or above the asking price. It reflects a competitive market where buyers are willing to pay a premium to secure a property in this zip code.

In summary, Glendale 91202 is experiencing a vibrant real estate market. With homes selling fast and at high prices, it’s a great area for sellers right now. Buyers interested in this area should be prepared for a competitive market and may need to act quickly and decisively when they find a suitable property.

For anyone considering buying or selling in Glendale, keeping an eye on these trends is crucial for making informed decisions in this dynamic market.