Tait Zimmerman's Market Report

Eagle River, AK

Single-Family Homes

Advantage Alaska Real Estate | 907-519-0043



Eagle River, AK

Sat Jun 12 2021
This week the median list price for Eagle River, AK is $489,500 with the market action index hovering around 56. This is an increase over last month's market action index of 55. Inventory has increased to 74. Click here to stay informed with the Eagle River 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.

Eagle River, AK

Sat Jun 12 2021
This week the median list price for Eagle River, AK is $489,500 with the market action index hovering around 56. This is an increase over last month's market action index of 55. Inventory has increased to 74. Click here to stay informed with the Eagle River 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 Eagle River market.
Median List Price $489,500
Median Price of New Listings $399,000
Per Square Foot $211
Average Days on Market 98
Median Days on Market 21
Price Decreased 26%
Price Increased 12%
Relisted 1%
Inventory 74
Median Rent $2,295
Market Action 56
Strong Seller's Market

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
$704,450 3,455 0.5 - 1 acre 4 3 10 2 2 35
$548,000 2,228 8,000 - 10,000 sqft 4 2 0 3 1 45
$454,900 2,200 0.25 - 0.5 acre 4 2 22 2 4 21
$330,000 1,760 8,000 - 10,000 sqft 3 2 38 10 8 7