Glendale 85301 Sold Home Prices Show 21.9% Uptick

By the end of October, 85301 recorded 393 home sales year to date. The average closed sales price of $112,892 posted a net increase of 21.9% from this period one year ago. The overall amount of sold listings in 85301 experienced a 5.5% reduction when compared to this time range a year ago, which showed 416 property sales, a year-over-year net decrease of 23 completed sales transactions. With 58 residential homes sold year to date, the 120,000-139,999 price range recorded one of the largest numbers of closed transactions.

Properties For Sale Post 17% Decline. 85301 reported a total of 605 active for sale properties in 2015 through October. With 81 homes for sale, the 120,000-139,999 price bracket recorded one of the highest numbers of properties. The total number of active listings in 85301 experienced a 16.8% decline when compared to this reporting period a year ago, which had 727 residences for sale, a net decrease of 122 residential properties. The area's average active list price year to date gained 12.7% when compared to the same reporting period in 2014, increasing to $116,405. Home listings appear to be taking less days to sell this year on average. When compared to this time period one year ago, the cumulative days on market (CDOM) for active for sale homes in 85301 was 58 days, a drop of 13.4%.

Sam Lawmaster is a 85301 real estate agent who specializes in residential listings. Stats supplied by ARMLS and deemed reliable but not guaranteed; percent changes rounded. For the most recent local real estate information or to obtain a free no obligation evaluation of your home, please call Sam with Realty ONE Group at (602) 680-8096 or contact us here.

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