Tait Zimmerman's Market Report

Wasilla, AK

Single-Family Homes

Advantage Alaska Real Estate | 907-519-0043



Wasilla, AK

Mon Nov 23 2020
This week the median list price for Wasilla, AK is $396,750 with the market action index hovering around 48. This is less than last month's market action index of 49. Inventory has held steady at or around 104. 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 achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Wasilla, AK

Mon Nov 23 2020
This week the median list price for Wasilla, AK is $396,750 with the market action index hovering around 48. This is less than last month's market action index of 49. Inventory has held steady at or around 104. 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 achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Wasilla market.
Median List Price $396,750
Per Square Foot $196
Days on Market 91
Price Decreased 19%
Price Increased 18%
Relisted 2%
Inventory 104
Median Rent $1,300
Most Expensive $1,750,000
Least Expensive $50,900
Market Action 48
Strong Seller's Market

The market seems to have paused around its high point. 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
$707,450 2,956 1 - 2.5 acres 4 3 12 0 0 91
$485,000 2,462 1 - 2.5 acres 4 2 0 0 1 124
$328,950 1,825 1 - 2.5 acres 3 2 14 3 7 105
$187,450 1,277 1 - 2.5 acres 2 2 30 5 6 43