Wasilla Real Estate Statistics for Jan 5-11, 2010 | Wasilla Real Estate News, Valley Market Real Estate

Wasilla Real Estate Statistics for Jan 5-11, 2010 January 13th, 2010

The new year started out very strong. With the first full week of the new year behind us I wanted to see how we were doing. This past week saw pending sales. The total inventory is down significantly because of all the listings that expired at the end of the year and now we see 31 more houses come off the market in the first week.

Those people who want to get in under the wire for the April 30 cutoff for the federal incentives for home buyers had better pick out their houses before the inventory shrinks too far. On the other hand, sellers may want to grab this opportunity to reach this wave of buyers and put their homes on the market a little earlier than they had planned.

		Average Price	Median Price	DOM
New	35	$254,853	$235,000	.
Total Active	648	$274,944	$239,000	165
Pending	31`	$212,054	$198,000	112
Closed	11	$214,826	$200,000	93

Written by Marty Van Diest 2 Comments »

This entry was posted on Wednesday, January 13th, 2010 at 10:31 am and is filed under For Buyers. 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.

Richard Stabile Bergen County New Homes said at January 17th, 2010 at 4:36 pm
It looks like Alaska Real Estate is moving along. Your pendings and sales are fairly strong. I guess it wasn’t as speculative than other areas.
I did read that there was speculation in the bubble in Alaska. Would you say that is true?
marty said at January 17th, 2010 at 5:54 pm
Hi Richard

We did have a relatively fast rise in real estate prices in 2004-2006 but it was mild compared to the crazy locations like Las Vegas, Florida, and California. Our prices are stable right now…we will see what spring brings.