Wasilla Real Estate, Monday Market Memo for June 23-29, 2009

Here are the statistics for all single family residential real estate in the Matanuska-Susitna Borough for this week. This includes Wasilla, Palmer, and all the other areas in the borough.

The stats show pretty much what we would expect for mid-summer. Activity is a little bit slower, but houses are still selling. The lower priced homes are obviously in more demand.


Average Price Median Price DOM
New 36 $249,542 $222,450 .
Total Active 926 $291,503 $239,950 137
Pending 24 $213,513 $204,450 100
Closed 19 $227,687 $202,000 60

Below is a chart from Tim Vereide of Prudential. Tim has been collecting data on pending sales compared to active listings for a couple years now. His colleage, Karen Allam took the data and put it on a chart. The ratio is the number of pending listings compared to the total number of active listings on the market. Currently the ratio is almost 25% which is near the high of the last few years.

Click on the chart to expand:

June Stats for Wasilla and Palmer Real Estate

The deals of the week are going out today. Let me know if you want to get the email. Go here to sign up

Statistical information was in part taken from the Alaska MLS and the Mat-Su MLS and is deemed reliable but is not guaranteed.