Tait Zimmerman's Market Report

Anchorage, AK

Single-Family Homes

Advantage Alaska Real Estate | 907-519-0043



Anchorage, AK

Wed Oct 23 2019
This week the median list price for Anchorage, AK is $375,000 with the market action index hovering around 33. This is less than last month's market action index of 34. Inventory has held steady at or around 631. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. 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, prices are likely to resume an upward climb.

Anchorage, AK

Wed Oct 23 2019
This week the median list price for Anchorage, AK is $375,000 with the market action index hovering around 33. This is less than last month's market action index of 34. Inventory has held steady at or around 631. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. 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, 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 $181
Days on Market 112
Price Decreased 52%
Price Increased 3%
Relisted 8%
Inventory 631
Median House Rent $1,800
Most Expensive $2,390,000
Least Expensive $29,000
Market Action Index
Slight Seller's Advantage
33

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
$675,000 3,501 0.5 - 1 acre 4 3 17 11 4 127
$428,000 2,320 8,000 - 10,000 sqft 4 3 36 4 7 113
$330,000 1,860 8,000 - 10,000 sqft 3 2 42 14 17 99
$236,000 1,352 6,500 - 8,000 sqft 3 2 43 10 13 106