Real Estate Blog - Fairbanks, Alaska Market Update Nov 16th

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Fairbanks, Alaska Market Update Nov 16th

The number of homes sold dropped for the second straight week to a low of sixteen. The average sales price rose almost 10% to $214,253 while the days on the market increased 37.5% to an average of 66. The number of active listings is also up to a total of 552, putting the absorption rate this week at 4.8 months. 81% of the sales occured in Fairbanks with only 1 new construction property closing out of almost 140 on the market.

Homes Sold Week Ending November 16, 2007

Fairbanks, Alaska Real Estate Market Report - Jesse & Kathy Clifton, REALTORS

Average Sales Price Week Ending November 16, 2007

Average Days On Market Week Ending November 16, 2007

Posted by Fairbanks Ak Real Estate Broker Jesse & Kathy Clifton 907-699-6024 on 11/17/2007 02:57 AM

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Originally posted at: Fairbanks Ak Real Estate News & Info: Fairbanks, Alaska Market Update Nov 16th

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Fairbanks Ak Real Estate Broker Jesse & Kathy Clifton 907-699-6024

Fairbanks, AK

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Jesse Clifton & Associates, REALTORS®

Address: 250 N. Cushman Street, Suite 4G, Fairbanks, AK, 99701

Cell Phone: (907) 699-6024

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Looking for Fairbanks and Interior Alaska real estate news and information? Well, you're in the right spot. Keep up with the latest happenings in the Fairbanks community and around the state; local real estate market trends, propety listings, mortgage news and a healthy dash of commentary on whatever strikes my fancy.

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Fairbanks, Alaska Market Update Nov 16th

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