Sales in the Glenoake Canyon market remained flat at three homes sold over the last 30 days, while the number of sellers reducing their list prices reached two, which continues a recent upward trend in price reductions. All indications show that the trend may be coming to an end, meaning less price reductions over the next few weeks. Oddly, even as the number of sellers reducing price trended higher, the median sales price continued to climb, trending upwards for four weeks to reach $1,045,000. There is only one month of inventory available in Glenoake Canyon, so it's a solid seller's market, even if sales are flat.
If there is no limit to how much you want to spend, take a look at these lavish homes in Glenoake Canyon: