I was curious about the amount of sales that are happening this year compared to the years past so I thought I would take a look. The chart below tracks home sales in the core area of Wasilla and Palmer from 2006-2010.
In 2006 we were still near our high end of sales volume. It dropped dramatically over the next several years as can be shown on the chart. Notice the price ranges. The highest price range of $400,000 plus really does not see many sales in this area.
Year | $100k-$200K | $200K-$300K | $300K-$400K | $400L-$1000K |
2006 | 408 | 469 | 107 | 35 |
2007 | 351 | 439 | 114 | 46 |
2008 | 320 | 348 | 72 | 42 |
2009 | 235 | 323 | 63 | 28 |
2010 | 291 | 333 | 92 | 26 |
It appears that we may have stopped the downward trend this year. Our sales volume was up slightly this year compared to last year. What this chart does not tell us is any change in price for an average home over this same time period. I’ll do that in the next post.
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.