Real estate market data for Eagle River AK provided by the Kim and Terry Harmdan of Keller Williams Realty Alaska Group.
Eagle River AK Home Prices
We have seen 7 straight months of sold price increases on home prices in Eagle River 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 Eagle River 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 Eagle River AK home on which you are making an offer.
If you are interested in how much current inventory is on the market in Eagle River AK you can find that information by clicking on the link, or on the graph above. Currently in this area of Eagle River, homes have a median time of 72 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 Eagle River 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.
The median list price in October for single family homes in Eagle River AK (99577) is $364,440.
The number of active listings in Eagle River (99577) dropped by 18.6% from the previous month.
The percent of unoccupied properties is very low in Eagle River (99577) . It is -13.6% below the national average.
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