Wasilla Real Estate Statistics, Sept 29, 2009-Oct 5,2009 | Wasilla Real Estate News, Valley Market Real Estate

Wasilla Real Estate Statistics, Sept 29, 2009-Oct 5,2009 October 5th, 2009

Wasilla Real Estate statistics for the past week.

The numbers basically still appear relatively healthy with a good amount of end-of-the-month closings.

		Average Price	Median Price	DOM
New	27	$255,786	$235,000	.
Total Active	863	$285,577	$238,000	150
Pending	18	$238,311	$223,900	151
Closed	32	$224,383	$215,825	98</strong

However, a look at the total inventory give reason for a little caution. Compared to this date last year, we have 150 days on market compared to 135, and we have a median price of $238,000 compared to $244,950. Our total inventory is very similar. We have 863 homes on the market now compared to 856 last year.

So, we aren’t out of the woods yet, but our market hasn’t completely crashed either. It’s close to the same as last year at this time. Of course, last year we didn’t have the $8,000 first time home buyer incentive that will go away at the end of November. It will be interesting to see what happens after that.

If you would like to be on current foreclosure list or the deals of the week list just drop me an email at [email protected]

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 Please leave a comment.

This entry was posted on Monday, October 5th, 2009 at 9:00 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.