The housing market in Glendale continues to see strong price appreciation, with values up 18.0% compared to last year. Home prices have increased 2.0% in the past month alone. At the current pace, all available homes in Glendale would sell out in just 1.5 months, indicating a continued supply shortage. Homes are now taking an average of 11 days to sell, significantly longer than the 5 days typical for this market. A significant 50.0% of listings experienced price reductions, indicating sellers may be adjusting to market realities. The majority of homes (75.0%) sold above asking price, a clear sign of competitive bidding. Affordability remains a significant challenge in the Glendale market with the affordability index at 662.7. Based on current market indicators, home prices in Glendale are projected to decrease by approximately 17.4% over the next month.