Category Archives: Real Estate in Glendale CA

All you need to know about Real Estate in Glendale CA

PrintThe quaintest suburb in Greater Los Angeles, Glendale, can be found nestled on the South eastern side of the San Fernando Valley, bisected by the Verdugo Mountains. To the Northwest, the city is bordered by the famous Sun Valley and Tujunga neighbourhoods, the Southeast by Glassell Park, to the East lies Pasadena and the west is bordered by Burbank. The city has excellent infrastructure and the Golden State Freeway runs through it.

Glendale is close to the heart of the northern Los Angeles area, convenient to Universal Studios Hollywood, Burbank, Pasadena and the downtown Los Angeles Financial District. Plan several days around the family fun centres of Disneyland and Universal Studios. Attend sporting events and concerts at Dodger Stadium, Staples Centre and L.A. Live. Stroll the multi-purpose Americana at Brand for shopping, dining and entertainment. The Glendale Galleria offers Nordstrom, Macys and JCPenney along with food, accessories and specialty shops.



Little league games, half time snacks and some fine shopping on the weekends is what life in Glendale is all about. Glendale proudly boasts its own small business community right alongside the big-name corporations. Car dealerships, beautifully manicured plazas and spell binding tree-lined streets. The entire atmosphere around the neighbourhood is that of a wholesome family environment that encourages kids playing in the parks, great places to eat and relax, all just 10 miles down the road from the action in downtown Los Angeles and only a stone’s throw from bohemian hotspots such as Eagle Rock. Anywhere you want to go is just a short car trip away.

The heart of the local Glendale economy is its booming healthcare sector and booming retail sales. More than 26 percent of local employees work in sales, administrative or office support, with another 16 percent in business, management and finance. Current local unemployment rate is 7.1 percent, which is much higher than the California average (6.2%) and well above the national average of (5.5%). While this is a factor that must be monitored, it is certain that as of today, Glendale’s unemployment rate is definitely on the decline. In addition, there is further positive news on the jobs front that may play a larger role in the near future. Recent job growth statistics for Glendale CA, came in at 2.5 percent, with the national growth figure just over 1 percent. Distinctly more crucial is the future estimate for job growth in Glendale, which is currently at 38.40 percent. At this amazing rate, Glendale is positioned far ahead of the national average. Therefore there are a couple of indicators that suggest this behaviour will trend lower in the coming months and not pull the market downward. For more information please visit Glendale CA, real estate


The Glendale CA, real estate market has not only just managed a mere recovery, right now it is very close to pre-recession pricing. After the collapse in 2008, the Glendale market saw a huge drop of over 30% in home values and has since made a strong recovery over the last seven years. Supported by a strengthening economy and increased demand from the buyer side, home prices in the Glendale area have soared over the last 12 months. While growth in pricing is set to continue at a strong pace, there are still a few concerns to mull over in the Glendale market. While unemployment is the lowest it has been since the onset of the recession in 2008, new housing permits are very low at the moment as well. We see these as minor bumps on the road to continued growth in the Glendale CA, real estate market.



The average home price in the Glendale housing market is currently at around $800,000. This figure is considerably higher than both the California average and the national average ($205,250). The average sales price for Glendale real estate is $804,325, which is also much higher than California and national averages, $585,192 and $307,586 respectively. Further data indicates that some home prices have increased by as much as 7.3 percent over the course of the year. Market predictions also include a steady growth rate of 2.4 percent appreciation over the next twelve-month period. This is inclusive of the 30 percent growth that was realized at the market low point back in April of 2012. These fantastic numbers point to a market that has taken off and it definitely shows no signs of slowing down anytime soon.

Rising home sales lead to rising prices and in turn, increased equity in your home. Therefore, if you were fortunate enough to purchase your home in the Glendale CA, real estate market, back in April of 2012, the increase in your homes equity over this period has increased quite substantially as well. Since the Glendale CA, real estate market is very niche, the growth in your equity could be well over 10% per annum possibly tens of thousands of dollars. The Glendale market has grown every month since April 2012 and with this has come an increase in confidence and in turn an increase in demand which has driven the market forward and kept it very hot.

For expert advice and unmatched service in the Glendale CA, real estate market, go to you can view some of their stunning listings here or why not read more about the great team behind the site here. They also have a feature packed blog here and of course if you have any questions at all then please don’t hesitate to get in touch with one of the team who will be more than happy to help out. If social media is your thing they would also love to hear from you on Facebook, Twitter and Linkedin.