My Favorite Real Estate Market Update

Big Lake, AK

Single-Family Homes

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Big Lake, AK

Thu Sep 24 2020
This week the median list price for Big Lake, AK is $270,000 with the market action index hovering around 40. This is an increase over last month's market action index of 39. Inventory has held steady at or around 19. Click here to stay informed with the Big Lake market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Big Lake, AK

Thu Sep 24 2020
This week the median list price for Big Lake, AK is $270,000 with the market action index hovering around 40. This is an increase over last month's market action index of 39. Inventory has held steady at or around 19. Click here to stay informed with the Big Lake market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Real-Time Market Profile

Never miss important changes in the Big Lake market.
Median List Price $270,000
Per Square Foot $126
Days on Market 138
Price Decreased 37%
Price Increased 0%
Relisted 11%
Inventory 19
Median Rent
Most Expensive $625,000
Least Expensive $45,000
Market Action 40
Slight Seller's Advantage

Price trends continued their recent uptrend this week. While still below the market’s price high-point, we’ve seen a nice run recently.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$452,000 2,152 2.5 - 5 acres 3 2 9 0 2 91
$330,000 2,560 1 - 2.5 acres 3 2 15 0 0 106
$200,000 2,226 0.25 - 0.5 acre 4 2 24 1 0 71
$89,999 1,292 1 - 2.5 acres 2 2 16 0 1 273