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Glendale median house price up 40% in 2 years

New residents, housing shortage, lumber prices adds up

Whether Valley residents will first see relief from soaring home prices or relief from extreme weather is a hot summer topic right now.

While temperatures setting records in June, the real estate market in cities like Glendale is experiencing similarly wild twists and turns. Consider the seven-day median list price citywide in Glendale, according to figures compiled by industry market researcher Altos, has jumped from $303,513 in June 2019 to $345,000 in June 2020 to $424,900 in June 2021.

That’s a 40% rise in two years.

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