Home Prices in Chugiak Alaska for April 2014
Real estate market data for Eagle River, Alaska provided by Come Home Anchorage Team of Keller Williams Realty Alaska Group.
Chugiak Alaska Home Prices
We have seen several straight months of listing price increases on home prices in Chugiak 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 Chugiak 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, sometimes they sell for more. 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 Chugiak home on which you are making an offer.
If you are interested in how much current inventory is on the market in Chugiak you can find that information by clicking on the link. High inventory will suggest that homes are sitting on the market for longer. Currently in Eagle River, homes have a median time of 56 days on the market before they sell. This would suggest that buyers are in a great position to make an aggressive offer on a home. 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 Chugiak 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.
Chugiak Real Estate Report Summary
The median list price in April for single family homes in Chugiak is $386,110. The list prices decreased by -0.01% from the previous month.
The price per square foot for listings in this area is $169.
The number of active listings in Chugiak increased by 27.8% from the previous month.
The percent of unoccupied properties is very low in Chugiak. It is -11.63% below the national average.
Find Homes for Sale in Chugiak Alaska
Visit my website to search for homes in Chugiak or to be notified when Chugiak homes come on the market.
To find out what you home is worth in the current market email me or call 907-301-0189.
Thank you for reading about Home Prices in Chugiak Alaska for April 2014.
Comments(4)