Glendale 91207 Market at a Glance: August 29 vs. July 29
August 29 Stats:
- Homes for Sale: 7
- Summary: A decrease in homes available for purchase suggests potential shifts in supply and demand dynamics.
- Median List Price: $1,795,000
- Summary: The median list price decreases from the previous month, possibly due to competitive pricing strategies.
- Average Price per Square Foot: $826
- Summary: An increase in average price per square foot indicates potential changes in property valuations or market preferences.
- Homes Sold in Last 30 Days: 6
- Summary: A rise in homes sold demonstrates increased buyer activity and a dynamic real estate environment.
- Median Sale Price: $1,587,500
- Summary: The median sale price shows an increase, potentially reflecting higher valuations in the area.
- Average Market Time: 12 days
- Summary: A decrease in average market time suggests quicker transactions and strong demand.
July 29 Stats:
- Homes for Sale: 9
- Summary: The number of homes available for sale decreased from the previous month, indicating potential changes in the market.
- Median List Price: $2,295,000
- Summary: The median list price decreased, suggesting pricing strategy adjustments.
- Average Price per Square Foot: $775
- Summary: A change in average price per square foot reflects possible shifts in property valuations or market preferences.
- Homes Sold in Last 30 Days: 4
- Summary: A change in the number of homes sold indicates shifts in buyer activity and market conditions.
- Median Sale Price: $1,397,499
- Summary: The median sale price shows a change, potentially reflecting shifts in property valuations or buyer preferences.
- Average Market Time: 14 days
- Summary: Changes in average market time suggest shifts in the pace of transactions and demand.
Glendale 91207: A Snapshot of a Vibrant Neighborhood
Welcome to Glendale 91207, a neighborhood with character and community gems. This area enjoys proximity to Glendale Community College, offering educational opportunities at your doorstep. Verdugo Park provides a lush green escape for residents, perfect for outdoor activities and relaxation. With easy access to downtown Glendale, you’re never far from urban conveniences, shopping, and dining. As a focal point for families, this neighborhood thrives with community connections and inviting spaces.
Comparing August and July: Unveiling the Trends
Throughout a single month, the Glendale 91207 real estate landscape undergoes fascinating transformations. A decrease in homes available for sale suggests shifting supply and demand dynamics. The median list price decrease could reflect strategic pricing adjustments, while an increase in average price per square foot may indicate changing property valuations or preferences. The rise in homes sold signals heightened buyer activity, leading to a potential increase in valuations. The quicker pace of transactions, indicated by the decreased average market time, mirrors robust demand.
In conclusion, Glendale 91207’s real estate scene offers a dynamic landscape for both buyers and sellers. By examining the August and July data, it’s clear that the neighborhood experiences shifts that can influence property values and demand. As these trends evolve, we invite you to explore the vitality and allure that Glendale 91207 presents.