Wasilla Real Estate News, Monday Morning Market Memo for Oct 15, 2007 | Wasilla Real Estate News, Valley Market Real Estate

Wasilla Real Estate News, Monday Morning Market Memo for Oct 15, 2007 October 15th, 2007

Categories: Market Trends, Monday Market Memo

Wasilla Real Estate
News Statistics for 10/8–10/15/07

For the second week in a row the pending sales price has averaged less than $200,000. This is where the most market activity is taking place.

		Average Price	DOM
New	45	$228,316
Total Active	933
Pending	22	$190,809	130
Closed	29	$229,403	66

There are quite a few builders targeting the below $200,000 market so a good amount of the pending sales are new construction. We have represented a lot buyers with new construction in this price bracket this year. We can help you find a builder from this price on up to this house we recently pended on Hart Lake.

The total inventory rose a little this week. It should begin to decline as we enter the snowy season. The buyers that are still in the market during the winter will be starved for new listings so you may want to think about entering the market when most people are not.

Give me a call on my cell to discuss your personal selling and buying strategies. 907 232–7900.

I will actually sit down to discuss your real estate needs, we try to help you, not sell you.

Real Estate Consulting…or Real Estate Selling?

Written by Marty Van Diest Please leave a comment.

This entry was posted on Monday, October 15th, 2007 at 1:36 pm and is filed under Market Trends, Monday Market Memo. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.