Wasilla Real Estate Statistics, May 26-June3, 2008

For Palmer, Wasilla, Houston, Willow, Talkeetna and the whole Mat-Su Borough, here are the stats for the week.  These are single family residential homes that have pended, closed or been listed this past week.

We ended up with 3 times as many new listings as there were closings this week.  This week for the first time in a long time there were more closings than pendings.  Neither of those are good signs for our market.

 

Average PriceDOM
New76$265,343.
Total Active855282,987126
Pending23$258,54189
Closed26$218,10498

With a market like this, sellers need to be serious about selling. I wrote about this in a previous post,  Price it right or don’t bother… this is even more true now than it was then.

If you would like an unbiased market value report of your house…give me a call or drop me a line.  I would be happy to meet with you.  My cell number is 907–232–7900.