Wasilla Real Estate Market Memo for April 19-26, 2010 | Wasilla Real Estate News, Valley Market Real Estate

Wasilla Real Estate Market Memo for April 19-26, 2010 April 26th, 2010

Wasilla real estate statistics for April 19-26, 2010 This includes Palmer and the rest of the Mat-Su Valley as well.

The real estate market appears to be picking up judging by the the statistics of the last two weeks. Pending sales, new listings, and closed sales are all up. My phone is ringing a lot as well, and judging by conversations with other Realtors, there is a lot more activity valley wide.

Take a look at the table below, notice that DOM is down significantly, it was over 150 days for the total active market not very long ago.

		Average Price	Median Price	DOM
New	77	$233,585	$225,000	.
Total Active	841	$276,271	$239,900	128
Pending	35	$218,894	$199,900	99
Closed	23	$231,058	$199,00	118

Below is the last week in April of 2009 for a comparison, note that we have more new listings, more pending sales, and more closed sales this year than last. We also have more houses on the market for this time of year. I think it is all a result of the tax rebate stimulus which ends in 4 days. Two weeks from now another comparison will be in order.

		Average Price	Median Price	DOM
New	53	$309,959	$220,000	.
Total Active	801	$285,315	$239,000	139
Pending	33	$217,354	$209,900	82
Closed	15	$203,593	$190,000	78

I will be putting out the next “DEALS OF THE WEEK”. Just send me a note if you want to receive this list of handpicked deals, foreclosures, short sales and relos. My email is [email protected]

This representation is based in whole or in part on data supplied by, and to, the subscribers of Alaska Multiple Listing Service, Inc. (AK MLS, Inc.). AK MLS, Inc. does not guarantee nor is it in any way responsible for its accuracy. Data maintained by AK MLS, Inc. is for its own use and 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, April 26th, 2010 at 9:36 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.