Tait Zimmerman's Market Report

Anchorage, AK

Single-Family Homes

Advantage Alaska Real Estate | 907-519-0043



Anchorage, AK

Mon Mar 08 2021
This week the median list price for Anchorage, AK is $525,000 with the market action index hovering around 50. This is an increase over last month's market action index of 47. Inventory has held steady at or around 177. 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 continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Anchorage, AK

Mon Mar 08 2021
This week the median list price for Anchorage, AK is $525,000 with the market action index hovering around 50. This is an increase over last month's market action index of 47. Inventory has held steady at or around 177. 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 continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Real-Time Market Profile

Never miss important changes in the Anchorage market.
Median List Price $525,000
Per Square Foot $223
Days on Market 63
Price Decreased 29%
Price Increased 4%
Relisted 6%
Inventory 177
Median Rent $1,800
Most Expensive $3,200,000
Least Expensive $95,000
Market Action 50
Strong Seller's Market

Prices are climbing and we’re nearing the market’s all time high. A persistent drop of the Market Action Index into the Buyer’s zone will be a leading indicator of the price strength subsiding.

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
$1,096,500 4,325 1 - 2.5 acres 4 4 19 5 4 98
$618,000 2,489 8,000 - 10,000 sqft 4 2 1 9 6 101
$405,075 1,915 6,500 - 8,000 sqft 3 2 33 13 19 14
$225,000 1,242 6,500 - 8,000 sqft 3 2 48 13 6 35