Special offer

December 2010 Juneau Market Update

By
Managing Real Estate Broker with Southeast Alaska Real Estate RECB 15265

December 2010

Right now there are 53 single-family homes on the MLS in Juneau, ranging in price from $149,999 - $1,150,000.

The average asking price is $410,447.  The median is $353,500

<250,000 - 4 listings  

<300,000 - 11 listings

<350,000 - 9 listings

<400,000 - 14 listings

<450,000 - 2 listings

<500,000 - 5 listings

<600,000 - 0 listings

>600,000 - 6 listings

There are currently 24 listings under contract, meaning they have an accepted offer and are heading to closing.  They range in price from $159,999 - 569,000. The average asking price is $335,025 and the median asking price is $322,000.

At this time there is less than 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 four.  National statistics indicate that a six-month supply of homes is an indicator of a balanced market. 

NOTE:  I used a former blog, from the height of the real estate market, as a template.  It is interesting to compare the two: http://activerain.com/blogsview/96030/mid-may-real-estate-update

Posted by

Debbie White, Broker

Prudential Southeast Alaska Real Estate

8465 Old Dairy Road #101

Juneau, AK 99801

907-723-9886 (Cell)

Adam Malachi
A 2 Z Realty LLC - Castle Rock, CO
QSC,CDPE,CIPS,CNE,CRB,CRS,GRI,MRE,SFR

Great post! Excellent market update!

Thanks for sharing,

Adam

Dec 10, 2010 05:18 AM
Adam Malachi
A 2 Z Realty LLC - Castle Rock, CO
QSC,CDPE,CIPS,CNE,CRB,CRS,GRI,MRE,SFR

Great post! Excellent market update!

Thanks for sharing,

Adam

Dec 10, 2010 05:18 AM