Wasilla Real Estate statistics for the week of Oct 6–13, 2006. These statistics include all residential real estate in the Matanuska Susitna Borough. That is a large area, about the size of the state of West Virginia. The vast majority of real estate activity takes place in the core area around Wasilla and Palmer.
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Average Price | Median Price | DOM | |
| New | 42 | $248,922 | $222,450 | . |
| Total Active | 847 | $293,464 | $244,900 | 135 |
| Pending | 23 | $228,037 | $214,000 | 149 |
| Closed | 16 | $181,863 | $182,450 | 46 |
As you can see, closings were down last week but there were more new listings than I expected to see. It actually increased our inventory slightly during a time of year when we expect the total inventory to slowly decline throughout the winter.
Notice the low average and median price for this weeks closed listings. I thought that the low price might be influenced by foreclosed houses. After reviewing all 16 houses I determined that only two were foreclosures. Three of the closed houses were new construction. That shows that we still have a vastly different market than many of the foreclosure influenced markets in the lower 48.
