Home sales in the Glendale market dipped below its average sales volume for the prior 12-month period. In this week's report, there were 101 homes sold over the last 30 days. On the other hand, close-by Los Angeles registered 2,302 homes sold in the same time frame, the most of all surrounding cities. The median sales price dropped to $680,000 over the latest reporting period for Glendale, down from $697,500. In spite of the decrease in sales, a low three months of inventory signals that Glendale is a seller's market.
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