Tait Zimmerman's Market Report

Anchorage, AK

Single-Family Homes

Advantage Alaska Real Estate | 907-519-0043



Anchorage, AK

Mon Nov 23 2020
This week the median list price for Anchorage, AK is $429,500 with the market action index hovering around 46. This is less than last month's market action index of 47. Inventory has held steady at or around 281. 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.

Strong Seller's Market

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

Mon Nov 23 2020
This week the median list price for Anchorage, AK is $429,500 with the market action index hovering around 46. This is less than last month's market action index of 47. Inventory has held steady at or around 281. 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.

Strong Seller's Market

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 $429,500
Per Square Foot $201
Days on Market 106
Price Decreased 38%
Price Increased 6%
Relisted 4%
Inventory 281
Median Rent $1,800
Most Expensive $3,800,000
Least Expensive $130,000
Market Action 46
Strong Seller's Market

The market appears to be hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

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
$812,250 3,801 0.5 - 1 acre 4 3 22 2 4 136
$509,500 2,405 8,000 - 10,000 sqft 4 2 22 8 6 115
$357,450 1,954 8,000 - 10,000 sqft 4 2 42 12 11 78
$243,000 1,210 6,500 - 8,000 sqft 3 1 50 9 15 94