Wasilla Real Estate…Monday Market Memo, Sept 29-Oct 6, 2008

These are the Wasilla and Palmer real estate statistics for the week of September 29 through October 6.  These numbers include all the real estate transactions on the MLS from Talkeetna and Trapper Creek in the North to Sutton and Glacier View in the East.

 

Average Price Median Price DOM
New 24 $263,929 $219,950 .
Total Active 841 $294,484 $242,900 135
Pending 28 $219,574 $204,650 129
Closed 41 $216,210 $219,000 53

While the new listings low for the second straight week, the closed sales are high for the second straight week.  At the end of the month it is common for many people to get their deal closed.

As we go into winter time we are will see the inventory shrink.  Many of the homes on the market have been there for a long time and have become stale.  This is a good time to put a well priced home on the market.  It stands out as a new listing and a good price.

As usual, the strongest market is in the low 200K range.  Good houses in this price range find a lot of interested buyers.  If you are looking for a house in this range, give me a call.  907 232–7900 or drop me a line at marty@valleymarket.com