Monday Market Memo…July 28-Aug 4, 2008 | Wasilla Real Estate News, Valley Market Real Estate

Monday Market Memo…July 28-Aug 4, 2008 August 8th, 2008

Whoops. I missed this on Monday. So this is the Monday Memo done on Friday. The statistics are for the correct days, however.

We certainly had a surge of new listings. The total inventory increased and pending and closed sales held about steady.

		Average Price	DOM
New	72	$241,482	.
Total Active	924	$281,694	128
Pending	38	$208,500	94
Closed	33	$248,825	66

It looks like a lot of people have decided to sell before winter. That’s a little surprising to me, they should have put their houses on the market earlier.

There have been some good deals again this week. A log house on Cottonwood Creek sold for $185,000, several brand new houses sold for less than $175,000, and a couple of good lots sold for the mid-$30s price ranges. Let me know if you want to be set up for auto-alerts if a property that meets your criteria hits the market.

Written by Marty Van Diest Please leave a comment.

This entry was posted on Friday, August 8th, 2008 at 5:45 pm and is filed under 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.