Homes For Sale In Glendale AZ
Glendale has proven itself to be one of the best suburbs of Phoenix. Glendale is popular for many great employment opportunities and schools, as well as the many amazing attractions that have made a difference to the the Glendale economy. These include not only Arrowhead Ranch but also two major sports venues that house the Arizona Cardinals football and Phoenix Coyotes ice hockey teams.
Glendale has also grown over the years to offer many great homes for people to live in. There are many homes for sale in Glendale AZ that people should look at but it’s a good idea to compare options to get an idea of what choices are best.
An Affordable Option
One reason why people have been flocking to Glendale is because it is a city where homes are less expensive than what’s in the Phoenix city limits. The median list price per square foot of homes in Glendale is about $121. This is less than the $140 average in Phoenix. The median for homes in Glendale is close to $230,000 so it should not be too hard to find a good deal on a great home for sale.
Foreclosures Are Less Common
The values of Glendale AZ homes for sale are expected to increase as foreclosure totals have declined to pre-bubble levels. Around 2009 – 2010, close to 40 homes out of every 10,000 foreclosed each month. Today things have changed to where only about 4 of every 10,000 homes have foreclosed each month.
This is a great point for Glendale AZ homes for sale as it makes it easier for people to find properties whose values will increase. Of course, foreclosed homes are typically less expensive to acquire. These foreclosure, and fix-up homes for sale in Glendale AZ make it easier for people to save money although the total amount saved will vary.
How Have Valued Rebounded?
The values for homes for sale in Glendale AZ have recovered over the years to where it is much easier for people to benefit from owning homes in the area. In 2011, home values went to $100,000 on average. This might have been ideal for people looking for homes for sale in Glendale AZ but the value was close to twice that total in 2007.
Fortunately, the average value of Glendale AZ homes for sale has gone up to about $205,000. It’s less than the $250,000 that was seen in 2006 but considering this, the stability of the market has greatly improved. The homes in the Northern part of the city are considerably more expensive.
If anything, all of Glendale has grown in size. The market has especially become more stable with more shopping centers in the area and added options for schools. The fact that the Coyotes hockey team has practically been saved from relocation rumors will certainly help the local market too.
Where In Glendale Are These Homes?
Homes for sale in Glendale AZ are easier to spot around the northern end of the city. These include homes on the southwestern end of the Adobe Dam Recreation Area and on the northwest end of the Loop.
The northern part has homes for all budgets. Homes of around $200,000 can be found near the southern part of North Glendale, for instance. Homes in the Northern part of Glendale can easily run a half million dollars or more.
Of course, the sizes of these homes will vary. Most homes have three bedrooms and two bathrooms. They are also around 2,000 to 3,000 square feet in size. These are big properties that are certainly attractive but it’s a good idea to look carefully to see what is available when finding homes for sale in Glendale AZ.
The values of these homes are amazingly diverse in all parts of the city. Some spots have homes worth $150,000 while others in those spots are closer to half a million. The lot and square footage sizes of these properties are clearly going to influence the values of these homes so you want to look carefully.
Glendale AZ homes for sale are attractive and intriguing but it’s always a great idea to look around to see what is available. The world of homes for sale in Glendale AZ is extensive with plenty of good options all around. The values of these homes and the potential value of the market has grown as well, thus making it one of the best markets in the Phoenix area to look into.