Real estate market data for Chugiak Alaska provided by the Kim and Terry Hardman of Keller Williams Realty Alaska Group.
Chugiak Alaska Home Prices
We have seen 6 months of sold price increases on home prices in Chugiak Alaska 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 Alaska 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 Chugiak Alaska home on which you are making an offer.
If you are interested in how much current inventory is on the market in Chugiak Alaska you can find that information by clicking on the link, or on the graph above. Currently in this area of Chugiak, homes have a median time of 65 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 Chugiak Alaska 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 Alaska Real Estate Report Summary
The median list price in February for single family homes in Chugiak Alaska (99577) is $387,990.
The number of active listings in Chugiak (99567) increased by 4.2% from the previous month.
The percent of unoccupied properties is very low in Chugiak (99567) . It is -11.63% below the national average.
Find Homes for Sale in Chugiak Alaska
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