Glendale Real Estate Market Analysis June 2012

On the whole, Glendale had a good month in June. Prices were up but volume was down. Glendale is experiencing the same thing as other desirable Southern California markets; inventory shortages. As inventory shrunk, more buyers competed for less supply. Simple economic theory suggests that as this happens, prices move up. That is what has happened in Glendale. If inventory stays thin, look for these stats to continue in this direction. However, we need to be cognizant of the distressed inventory yet to be worked out by the bank. If this product floods back into the market, the supply-demand curves will shift and prices could go down.

Glendale Real Estate Market Analysis for June 2012

Glendale Real Estate Sales Volume for June 2012

Glendale Real Estate Average Sales Price for June 2012

Glendale Real Estate Median Sales Price for June 2012

For a detailed explanation of the real estate information above, contact us at 1-800-287-1808 or homes@capropertyfinder.com.

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The data contained above is sourced from the MLS. CAPropertyFinder.com cannot confirm its validity.
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