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Home Prices in Anchorage AK for November 2013

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Home Prices in Anchorage AK for November 2013

Home Prices in Anchorage AK for November 2013

Real estate market data for Anchorage AK provided by the Come Home Anchorage Team of Keller Williams Realty Alaska Group.

Anchorage AK Home Prices

We have seen 6 straight months of sold price increases on home prices in Anchorage AK and don’t expect things to slow down anytime soon.  If you are considering buying a home you can still find deals on a house in Anchorage AK but having a good real estate agent who understands the market is a must.  Don’t wait on the sidelines for too long, many of our listings are starting to sell within a few days of hitting the market. As you can see from the graph below, listings are not selling exactly for asking price. To make sure you don't overpay for your home, you'll want to have an agent that does a thorough market analysis of the Anchorage AK home on which you are making an offer.

If you are interested in how much current inventory is on the market in Anchorage AK you can find that information by clicking on the link, or on the graph above.  Currently in this area of Anchorage, homes have a median time of 62 days on the market before they sell.  Sellers should make sure to price their home near the market value if they expect to get an offer from one of those interested buyers. Low inventory in Anchorage AK has multiple offers coming in on homes similar to what we saw back in 2007. I wouldn't expect home prices to run up quite as fast as they did back then as banks have gotten a lot stricter on lending guidelines and are no longer giving a loan to anyone with a pulse. But low inventory is one indicator that prices should continue to rise. 

 

 Home Prices in Anchorage AK for November 2013

Home Prices in Anchorage AK for November 2013Anchorage AK Real Estate Report Summary

The median list price in November for single family homes in Anchorage AK (99507) is $313,880. The list prices in Anchorage decreased by -0.01% from the previous month.

The number of active listings in Anchorage increased by .05% from the previous month.

The percent of unoccupied properties is very low in Anchorage (99507) . It is -13.41% below the national average.

The percent of rental properties in Anchorage (99507) is 14.47% above the national average which is typical for urban areas.

Find Homes for Sale in Anchorage AK

Visit my website to search for homes in Anchorage AK or to be notified when Anchorage AK homes come on the market.

To find out what you home is worth in the current market fill out this simple form or call 907-865-6468.

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Provided courtesy of Come Home Inc 

Katrina Benton
Keller Williams Realty
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