Real Estate Market Report Glendale, CA October , 2009 Glendale has a Market Activity Index of 0.62, making it an overall good place to buy. Sales are up and inventory continues to decline, resulting in some properties selling over asking price with multiple offers. The best deals sell quickly, leaving over-priced homes to sit on the market. Overall homes values appear to have bottomed out. Market Index- 0.62 - no change from last month. The Market Index is at 0.62, equal to last month and compared to 0.35 a year ago, still an improvement. New Listings - 64 new listings this month, compared to 77 last month and 88 a year ago. New Pending Listings - 58 listings entered escrow, compared to 67 last month, and 42 in 2008. ...
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