Tait Zimmerman's Market Report

Anchorage, AK

Single-Family Homes

Advantage Alaska Real Estate | 907-519-0043



Anchorage, AK

Thu Jan 23 2020
This week the median list price for Anchorage, AK is $385,000 with the market action index hovering around 37. This is an increase over last month's market action index of 33. Inventory has held steady at or around 382. Click here to stay informed with the Anchorage market!

Market Action Index

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

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Anchorage, AK

Thu Jan 23 2020
This week the median list price for Anchorage, AK is $385,000 with the market action index hovering around 37. This is an increase over last month's market action index of 33. Inventory has held steady at or around 382. Click here to stay informed with the Anchorage market!

Market Action Index

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

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Anchorage market.
Median List Price $385,000
Per Square Foot $183
Days on Market 132
Price Decreased 40%
Price Increased 3%
Relisted 11%
Inventory 382
Median Rent $1,700
Most Expensive $3,199,000
Least Expensive $55,000
Market Action 37
Slight Seller's Advantage

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
$689,900 3,700 0.25 - 0.5 acre 4 3 16 9 8 150
$430,000 2,284 8,000 - 10,000 sqft 4 2 26 12 9 124
$339,947 1,896 6,500 - 8,000 sqft 3 2 41 7 6 137
$245,000 1,443 6,500 - 8,000 sqft 3 2 44 8 11 117