Wasilla and Palmer Realestate Statistics, 2007-2009 November 9th, 2009
This chart is from the Alaska MLS system. It includes the data from all the members of the Alaska MLS.
The dark blue line are the sold listings. Of course, that is the most important data on the chart. I always think its interesting to watch the rise and fall of the sales. You can see how it dips in the winter and rises in the summer.
But it doesn’t die in the winter, there are a little more than 1/2 as many homes sold in the winter months as there are in summer months, but it doesn’t drop to near zero, it just slows down.
The blue-green line are the new listings that come on the market. This fluctuates more steeply than does the sales line. In fact last month for the first time since Dec of 2007 there were more sales than there were new listings.
This means that winter is not a bad time to put a new listing on the market as long as it is priced right. The buyers that are in the market at that time are serious buyers and they are starving for new inventory. Most sellers are holed up for a cold Alaskan Winter and don’t want to think about moving. A good house at the right price will get attention.
Drop me a line if you want to talk about this.
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.
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Marty Van Diest, Tele 907.232.7900 / marty[at]valleymarket[dot]com
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