Market Memo or June 20-27, 2016

Here is the Market Memo for this week.

I did a look at the first 1/2 of the year on new construction.  New construction is still cooking along with about 20% of the market.

Here is the data:

2016–816 total closed–160 new= 19.6%

2015–848 total closed–166 new= 19.5%

2014–731 total closed–116 new= 15.8%

2013–613 total closed–123 new= 20%

All info is from the Alaska MLS system. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy.