Wasilla Real Estate Statistics, Sept 29, 2009-Oct 5,2009

Wasilla Real Estate statistics for the past week.

The numbers basically still appear relatively healthy with a good amount of end-of-the-month closings.

 

Average Price Median Price DOM
New 27 $255,786 $235,000 .
Total Active 863 $285,577 $238,000 150
Pending 18 $238,311 $223,900 151
Closed 32 $224,383 $215,825 98</strong

However, a look at the total inventory give reason for a little caution. Compared to this date last year, we have 150 days on market compared to 135, and we have a median price of $238,000 compared to $244,950. Our total inventory is very similar. We have 863 homes on the market now compared to 856 last year.

So, we aren’t out of the woods yet, but our market hasn’t completely crashed either. It’s close to the same as last year at this time. Of course, last year we didn’t have the $8,000 first time home buyer incentive that will go away at the end of November. It will be interesting to see what happens after that.

If you would like to be on current foreclosure list or the deals of the week list just drop me an email at marty@valleymarket.com

Based on information from AK MLS, Inc. for the period but not compiled or published by AK MLS, Inc. Data maintained by AK MLS, Inc. may not reflect all real estate activity in the market.