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Mid-May Real Estate Update
May 10, 2007
Right now there are 91 single-family homes on the MLS in Juneau, ranging in price from $185,000 - $1,400,000. 
The average asking price is $383,382.  The median is $345,000
<250,000 - 11 listings
<300,000 - 13 listings
<350,000 - 26 listings
<400,000 - 13 listings
<450,000 - 12 listings
<500,000 - 4 listings
<600,000 - 6 listings
>600,000 - 6 listings
There are currently 33 listings under contract, meaning they have an accepted offer and are heading to closing.  They range in price from $135,000 - 650,000.  The average asking price is $370,207 and the median asking price is $357,000.
At this time there is about a three-month supply of homes on the market - or at least that's how these numbers appear, but with seasonal adjustments, I'd call it five.  National statistics indicate that a six-month supply of homes is an indicator of a balanced market. 
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