Wasilla Real Estate News Market Memo for June 30-July 6, 2009 July 6th, 2009

Categories: Monday Market Memo

Here are the real estate statistics for Wasilla, Palmer, and the rest of the Mat-Su Valley. These numbers are for single family residences. If you would like specific information for some other type of real estate, drop me an email.

This was a strong week for Mat-Su real estate. If we take this week as an indication things are getting busier. We have more pendings and more closings than normal.

I believe that buyers are beginning to realize that the low interest rates may not last. Also, the first time home buyer rebate of $8,000 is scheduled to go away by Dec 1 so time is of the essence.

 

 Average Price Median Price DOM
New 36 $253,269 $235,000 .
Total Active 932 $288,762 $239,043 133
Pending 26 $234,369 $234,950 81
Closed 35 $212,198 $225,000 68

There are some great properties out there. I sent out my deals of the week last Friday. If you didn’t get it, drop me a line and ask for it. Some of the properties on that list are already sold, but some are still available.

Based on information from AK MLS, Inc. for the period but not compiled or published by AK MLS, Inc. Data maintained by AK MLS, Inc. may not reflect all real estate activity in the market.

Written by Marty Van Diest 2 Comments »

This entry was posted on Monday, July 6th, 2009 at 11:02 am 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.

  1. Mike said at July 9th, 2009 at 8:46 am

    Interesting statistics.

  2. Richard Stabile Bergen County New Homes said at July 17th, 2009 at 6:28 pm

    I noticed the closed and pending sales are a small percentage of your actives. Is your market normally that disperportionate? I seen areas of Alaska that had strong sales and little inventory.
    Is this more of a rural market?

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