Tait Zimmerman's Market Report

Anchorage, AK

Single-Family Homes

Advantage Alaska Real Estate | 907-519-0043



Anchorage, AK

Sun Aug 18 2019
This week the median list price for Anchorage, AK is $375,000 with the market action index hovering around 35. This is less than last month's market action index of 36. Inventory has held steady at or around 641. Click here to stay informed with the Anchorage market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.

Anchorage, AK

Sun Aug 18 2019
This week the median list price for Anchorage, AK is $375,000 with the market action index hovering around 35. This is less than last month's market action index of 36. Inventory has held steady at or around 641. Click here to stay informed with the Anchorage market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Anchorage market.
Median List Price $375,000
Per Square Foot $180
Days on Market 95
Price Decreased 50%
Price Increased 4%
Relisted 8%
Inventory 641
Median House Rent $1,800
Most Expensive $1,950,000
Least Expensive $29,900
Market Action Index
Slight Seller's Advantage
35

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$649,750 3,412 0.5 - 1 acre 4 3 18 17 14 105
$427,000 2,321 8,000 - 10,000 sqft 4 3 38 14 15 97
$335,000 1,892 8,000 - 10,000 sqft 3 2 41 19 19 83
$246,000 1,421 6,500 - 8,000 sqft 3 2 45 19 14 96