Tait Zimmerman's Market Report

Wasilla, AK

Single-Family Homes

Advantage Alaska Real Estate | 907-519-0043



Wasilla, AK

Sun Aug 18 2019
This week the median list price for Wasilla, AK is $321,740 with the market action index hovering around 32. This is about the same as last month's market action index of 32. Inventory has held steady at or around 320. Click here to stay informed with the Wasilla market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Wasilla, AK

Sun Aug 18 2019
This week the median list price for Wasilla, AK is $321,740 with the market action index hovering around 32. This is about the same as last month's market action index of 32. Inventory has held steady at or around 320. Click here to stay informed with the Wasilla market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its 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 Wasilla market.
Median List Price $321,740
Per Square Foot $159
Days on Market 114
Price Decreased 48%
Price Increased 4%
Relisted 4%
Inventory 320
Median House Rent $2,000
Most Expensive $3,100,000
Least Expensive $32,500
Market Action Index
Slight Seller's Advantage
32

The market appears to be hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

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
$501,950 2,899 1 - 2.5 acres 4 3 7 4 5 123
$371,200 2,290 1 - 2.5 acres 4 2 7 6 4 138
$284,750 1,818 1 - 2.5 acres 3 2 13 5 8 103
$212,450 1,469 1 - 2.5 acres 3 2 21 8 10 90