Market Watch: Northwest Glendale

Today we are starting a new feature for homeowners, an ongoing measurement of your neighborhoods real estate activity.

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.  The idea is you’ll always have 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– the median price all single family homes that sold within 6 months from the time I pull the report.

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

I will also do a separate post for condos, per city.

Got it?  Ok, here is the very first neighborhood Market Watch:

Of course, the next Market Watch I do will show you how much and in what direction these numbers are moving.

Hope you like it!