Tait Zimmerman's Market Report

Anchorage, AK

Single-Family Homes

Advantage Alaska Real Estate | 907-519-0043


Anchorage, AK

Wed Sep 22 2021
This week the median list price for Anchorage, AK is $425,000 with the market action index hovering around 50. This is less than last month's market action index of 52. Inventory has increased to 323. 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 has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Anchorage, AK

Wed Sep 22 2021
This week the median list price for Anchorage, AK is $425,000 with the market action index hovering around 50. This is less than last month's market action index of 52. Inventory has increased to 323. 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 has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Anchorage market.
Median List Price $425,000
Median Price of New Listings $399,900
Per Square Foot $209
Average Days on Market 69
Median Days on Market 35
Price Decreased 44%
Price Increased 2%
Relisted 4%
Inventory 323
Median Rent $1,873
Market Action 50
Strong Seller's Market

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
$792,500 3,492 0.5 - 1 acre 4 3 20 10 9 73
$500,000 2,404 8,000 - 10,000 sqft 4 2 40 12 14 35
$359,000 1,798 8,000 - 10,000 sqft 3 2 46 14 17 35
$249,900 1,168 4,500 - 6,500 sqft 3 1 43 15 13 28