Market Watch Update – Downtown Glendale

Here is your  Market Watch for Downtown Glendale.  Unlike the rest of Glendale, your market watch includes condos and town homes along with single family homes.Screen Shot 2013-02-22 at 12.52.14 PM

I report on the same statistics every time, and I’ll tell you if that number is more or less than the last report- it’s kind of like a stock market ticker. Next week I will note the change of value in parentheses for the difference between this market update and last market update. This way, you will have a weekly update for a sense of how your home’s “value” is trending.

Here are the statistics:

Active– the single family homes available at the time I pull the report

In Escrow– all single family homes under contract at the time I pull the report

Sold– all single family homes that closed escrow within 6 months from the time I pull the report

Median Price (Med. Price)– the median price all single family homes that sold within 6 months from the time I pull the report.

Days on Market (DOM)– the average days it takes to put a home under contract

So, here it is, Downtown Glendale, your market watch:

Check back again next week for another update, where I tell you how much each number has changed.

I hope you are enjoying this feature and that it will provide you with some valuable information about your home!

Here is a sample of homes available for sale in Downtown Glendale:

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