Tait Zimmerman's Market Report

Anchorage, AK

Single-Family Homes

Advantage Alaska Real Estate | 907-519-0043



Anchorage, AK

Wed Feb 28 2024
This week the median list price for Anchorage, AK is $579,999 with the market action index hovering around 49. This is an increase over last month's market action index of 48. Inventory has decreased to 95. 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

Wed Feb 28 2024
This week the median list price for Anchorage, AK is $579,999 with the market action index hovering around 49. This is an increase over last month's market action index of 48. Inventory has decreased to 95. 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 $579,999
Median Price of New Listings $400,000
Per Square Foot $263
Average Days on Market 104
Median Days on Market 42
Price Decreased 25%
Price Increased 2%
Relisted 16%
Inventory 95
Median Rent
Market Action 49
Strong Seller's Market

Prices continue their climb again this week. We’re a long way from the market’s price high-point so watch the Market Action Index as an indicator of how long this trend will last.

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
$1,250,000 3,684 0.5 - 1 acre 4 3.5 4 1 2 112
$662,450 2,264 8,000 - 10,000 sqft 4 2.5 2 1 3 38
$460,000 1,975 8,000 - 10,000 sqft 3 2 43 8 7 21
$272,400 1,252 6,500 - 8,000 sqft 3 2 54 5 3 38