Anchorage AK Real Estate Stats Homes & Condos for Sale PE Dec 2017

By
Real Estate Agent with Herrington & Company LLC 17435

The Logan Team Anchorage Alaska REALTORS

Here is a quick recap of Homes in the Anchorage real estate market for December 31, 2017. The biggest surprise came in the Anchorage Alaska homes valued over $1 Million dollars. Inventory for this price point fell from approximately 36 months worth of inventory to 10.26 months. In summary, usually 1 to 2 homes over a million dollars would sell prior to 2017, but in 2017 22 sold. There have been some adjustments to pricing and a 800 person increase in the number of medical profession for 2017. Our net job loss in Anchorage was 2000. anchorage board of realtors 2018

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Anchorage Alaska Real Estate Market Snapshop

DECEMBER                      YEAR TO DATE

Anchorage Alaska Single Family Homes

2016

2017

 

Ending
12/31/2016

Ending
12/31/2017

Active Anchorage Listings 664 670   4788 4455
Sold Listings 246 199   2946 2797
Days On Market       87 76
Average Sales Price       $366,211 $365,023
Supply of Inventory         2.35
Active Anchorage Short Sales   9      
Active Anchorage Foreclosures   8      
Sold Anchorage Short Sales       17 9
Sold Anchorage Foreclosures       75 93

 

 

Anchorage Alaska Condos for sale________________________________________________________

The condominium market held it's price well given the fewer number of sales. The supply of inventory for condos is at 3.99 months, which is still a sellers market. The supply is calculated by taking current inventory and current rate of buyers buying and determining how long it would take to use that inventory of Anchorage Alaska Condominiums. Rule of thumb is if there is over 6 months, then it becomes a buyers market. The biggest supply of Anchorage Alaska condominium inventory is the $400K - $500K price point while the lowest inventory is at the price point of $200K - $225K.

DECEMBER                      YEAR TO DATE

Anchorage Alaska Condominiums

2016

2017

 

Ending 12/31/2016

Ending 12/31/2017

Active Anchorage Condo Listings       1896 1932
Sold Anchorage Condo Listings 105 84   1061 989
Days On Market       61 66
Average Condo Sales Price       $213,058 $211,337
Condominium Supply of Inventory         3.99
Active Anchorage Condo Short Sales   6      
Active Anchorage Condo Foreclosures   9      
Sold Anchorage Condo Short Sales         9
Sold Anchorage Condo Foreclosures       17 9

 

 

We are always asked by clients, friends, family and neighbors "How's the Anchorage real estate market?" Our answer is usually about the overall market, but the more important answer is how the market specifically affects the person asking. Each Anchorage home or condominium has it's own competition, price point, neighborhood and condition. After looking through the market information feel free to drop us an email, so we can provide you specific market information, based on your real estate goals. It's a free service and it helps us learn the market and it's much like receiving a bank state with your account balance.

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Municipality of Anchorage Alaska Homes Detailed Reports

Anchorage Alaska Single Family Homes

Anchorage Alaska Homes for Sale – Supply & Demand

Anchorage AK Homes for Sale Average – Sales Price

Anchorage Alaska Homes for Sale – Number of Units

Anchorage AK Homes for Sale – Sold Market Analysis

Anchorage AK Homes for Sale - Active Listing Inventory

Anchorage AK Homes for Sale - Recent Trends

Anchorage AK Homes for Sale - Decade Trends  

 

Anchorage Alaska Condominium

Anchorage Alaska Homes for Sale – Supply & Demand

Anchorage AK Homes for Sale Average – Sales Price

Anchorage Alaska Homes for Sale – Number of Units

Anchorage AK Homes for Sale – Sold Market Analysis  

Eagle River Alaska Residential Supply & Demand

*This representation is based in whole or in part on data supplied by, and to the Subscribers of Alaska Multiple Listing Service, Inc.(AK MLS). AK MLS does not guarantee nor is it in any way responsible for its accuracy.

Any questions regarding the statistics or the buying process please let us know.

The Logan Team, Anchorage Alaska REALTORS
Herrington & Company, LLC
Working Hard to Earn Your Referrals
BestAnchorageHomes.com
Lonnie Logan, REALTOR

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