Wasilla Real Estate News, Monday Morning Market Memo for Oct 15, 2007

Wasilla Real Estate
News Statistics for 10/8–10/15/07

For the second week in a row the pending sales price has averaged less than $200,000.  This is where the most market activity is taking place.

Average Price DOM
New 45 $228,316
Total Active 933
Pending 22 $190,809 130
Closed 29 $229,403 66

There are quite a few builders targeting the below $200,000 market so a good amount of the pending sales are new construction.  We have represented a lot buyers with new construction in this price bracket this year.  We can help you find a builder from this price on up to this house we recently pended on Hart Lake

The total inventory rose a little this week.  It should begin to decline as we enter the snowy season.  The buyers that are still in the market during the winter will be starved for new listings so you may want to think about entering the market when most people are not.

Give me a call on my cell to discuss your personal selling and buying strategies.  907 232–7900.

I will actually sit down to discuss your real estate needs, we try to help you, not sell you.

Real Estate Consulting…or Real Estate Selling?