Tait Zimmerman's Market Report

Wasilla, AK

Single-Family Homes

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Wasilla, AK

Wed Sep 22 2021
This week the median list price for Wasilla, AK is $419,900 with the market action index hovering around 54. This is about the same as last month's market action index of 54. Inventory has held steady at or around 123. Click here to stay informed with the Wasilla market!

Market Action Index

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

Strong Seller's Market

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Wasilla, AK

Wed Sep 22 2021
This week the median list price for Wasilla, AK is $419,900 with the market action index hovering around 54. This is about the same as last month's market action index of 54. Inventory has held steady at or around 123. Click here to stay informed with the Wasilla market!

Market Action Index

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

Strong Seller's Market

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Real-Time Market Profile

Never miss important changes in the Wasilla market.
Median List Price $419,900
Median Price of New Listings $325,000
Per Square Foot $197
Average Days on Market 73
Median Days on Market 42
Price Decreased 36%
Price Increased 2%
Relisted 6%
Inventory 123
Median Rent $2,175
Market Action 54
Strong Seller's Market

The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle.

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
$847,500 3,601 1 - 2.5 acres 4 3 16 3 4 77
$499,500 2,348 1 - 2.5 acres 4 2 10 3 2 28
$339,000 1,978 1 - 2.5 acres 3 2 17 10 11 28
$225,000 1,258 1 - 2.5 acres 2 1 34 7 6 56