Tait Zimmerman's Market Report

Eagle River, AK

Single-Family Homes

Advantage Alaska Real Estate | 907-519-0043



Eagle River, AK

Mon Jan 17 2022
This week the median list price for Eagle River, AK is $541,950 with the market action index hovering around 60. This is about the same as last month's market action index of 60. Inventory has increased to 34. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Eagle River, AK

Mon Jan 17 2022
This week the median list price for Eagle River, AK is $541,950 with the market action index hovering around 60. This is about the same as last month's market action index of 60. Inventory has increased to 34. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Eagle River market.
Median List Price $541,950
Median Price of New Listings $350,000
Per Square Foot $244
Average Days on Market 198
Median Days on Market 105
Price Decreased 24%
Price Increased 9%
Relisted 9%
Inventory 34
Median Rent $2,200
Market Action 60
Strong Seller's Market

The market seems to have paused around this plateau. 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
$749,475 2,565 0.25 - 0.5 acre 4 2.5 1 0 0 105
$591,250 2,092 6,500 - 8,000 sqft 4 2.5 0 0 1 21
$529,000 2,266 0.25 - 0.5 acre 4 2.5 18 0 2 140
$400,000 1,836 0.25 - 0.5 acre 3 2.5 22 1 5 133