Glendale, WI Real Estate

Glendale Homes for Sale

Glendale, Wisconsin is a thriving North Shore community with a country living atmosphere. The city has been immersed with commercial, residential, and industrial developments, which has added to the beauty. Populated by 13,206 people, Glendale provides the premiere lifestyle in Milwaukee County. The area offers excellent residential lots, shopping, dining, and entertainment. Businesses are currently attracted to the area because of economic incentives. The Glendale area is positioned along the Milwaukee River and the shores of Lake Michigan. With easy access to I-43, Glendale offers a prime location for residents who need to commute to the metropolitan area.

Real Estate
The Glendale area provides a wide selection of homes for sale. With many distinct neighborhoods, the housing market offers an assortment of styles including Ranches, Cape Cods, Colonials, and Contemporary. Single-story houses and English Tudors are also popular housing options in the area. The acreage for the residential properties range from city-sized lots to spacious lots. The average cost of a home in Glendale is $188,670.

Amenities
The Bayshore Town Center offers its visitors a magnificent shopping experience. This unique shopping center has both indoor and outdoor stores for customers. Shoppers can enjoy the summer breeze during the warmer season and the unique holiday lighting during the winter season. Bayshore Mall has high-end quality stores and national chains for a person’s everyday needs. A great spot for activities is iPic Entertainment located on the Bayshore Town Center grounds. IPic offers an innovative bowling alley, a magnificent movie theater, a bar with high definition televisions, and a restaurant that offers excellent American cuisine.

Glendale provides many activities for the whole family to enjoy. The area has incorporated four county parks that offer acres of land for recreational sports and playgrounds for children. Lake Michigan is less than two miles away and provides the opportunity for everyone to enjoy boating, fishing, and swimming.

See real estate for sale in Glendale, WI.

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Market Conditions

Market Conditions for Glendale - April 2023 | Shorewest Realtors®

April 2023

Market Conditions for Glendale

Median Sale Price $185,000

DOWN -25.55% vs. Month Ago

Homes for Sale 20

UP 150.00% vs. Month Ago

Homes Sold 11

DOWN -21.42% vs. Month Ago

Avg Days on Market 21

DOWN -8.69% vs. Month Ago

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Median Sale Price

The median sale price for homes in April was $185,000. The median sales price for homes in April fell by ($63,500) compared to last month. This represents a 25.55% decrease from March. Compared to the same month last year, the median price of homes fell by ($90,050) representing a -32.73% year-over-year change.

The median sales price is the middle value of all sales occurring in the market during the past thirty days when you arrange these sales prices from lowest to highest. This is a better indicator than the average as the median does not change as much as a result of a few unusually low or high sales prices.

Homes for Sale

The inventory of homes for sale rose by 12 in April to 20. This represents 150% increase from March when 8 homes were on the market. Compared to the same month last year when there were 15 homes for sale, the inventory of homes for sale has risen by 5 representing a 33.33% year-over-year change.

Homes for sale represents the number of active listings on the market during the specified month as reported in the MLS system operating within the market area.

Homes Sold

The 11 homes sold in April was 3 less than in March. This represents a 21.42% decrease in sales from March. Compared to the same month last year, the number of homes sold decreased by 15, a -57.69% year-over-year decrease.

Homes sold is the total count of properties in the market area that have had a closed sale during the specified month as reported in the MLS systems operating within the market area.

Avg Days on Market

The average days on market for a home sold in April (21) decreased by 2 days compared to March. This represents a 8.69% decrease in days on market for homes in the market from the previous month. Compared to the same month last year, the days on market for homes sold decreased by 5, a -19.23% year-over-year change.

Average Days on Market is the time period between the date when a home is listed for sale in an MLS system and the date it is sold.

Sale/List Price Ratio

The Sale/List Price Ratio of 100.52% in April fell by 1.21% compared to March and decreased 2.72% compared to the same period last year.

Sale/List Price Ratio is the sale price of a listing divided by the original list price expressed as a percentage. The Sale/List Price Ratio for the market is determined by adding the Sale/List Price Ratio for each listing sold in the market during the month and dividing by the number of listings sold during the month.

New Homes

The number of homes listed in April (27) rose by 10 compared to March, a 58.82% change. Compared to April 2022, the number of new listings increased by 1, a 3.84% year-over-year change.

Newly Listed Homes are the total count of homes that have been listed within the market area during the most recent month, as reported in the MLS system(s) operating in the market area.

Median List Price

The median list price in April was $299,900. The median list price for homes in April rose by $24,900 compared to last month. This represents a 9.05% increase from March. Compared to the same month last year, the median list price of homes increased $45,450 representing a 17.86% year-over-year increase.

The median list price is the middle value of all currently active listings as reported in the MLS systems in the market area when you arrange these list prices from lowest to highest. This is a better indicator than the average as the median does not change as much as a result of the existence of a few unusually low or high list prices.

Businesses