My Favorite Real Estate Market Update

Chugiak, AK

Single-Family Homes

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Chugiak, AK

Tue May 26 2020
This week the median list price for Chugiak, AK is $426,950 with the market action index hovering around 36. This is about the same as last month's market action index of 36. Inventory has held steady at or around 28. Click here to stay informed with the Chugiak market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Chugiak, AK

Tue May 26 2020
This week the median list price for Chugiak, AK is $426,950 with the market action index hovering around 36. This is about the same as last month's market action index of 36. Inventory has held steady at or around 28. Click here to stay informed with the Chugiak market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Chugiak market.
Median List Price $426,950
Per Square Foot $194
Days on Market 184
Price Decreased 25%
Price Increased 11%
Relisted 11%
Inventory 28
Median Rent
Most Expensive $839,900
Least Expensive $149,950
Market Action 36
Slight Seller's Advantage

The market is 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
$558,500 3,055 1 - 2.5 acres 4 3 16 3 1 187
$449,000 1,636 1 - 2.5 acres 3 2 1 0 1 179
$395,000 2,366 0.5 - 1 acre 3 2 39 1 2 205
$299,000 1,464 1 - 2.5 acres 3 1 39 3 2 166