My Favorite Real Estate Market Update

Eagle River, AK

Single-Family Homes

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Eagle River, AK

Tue May 26 2020
This week the median list price for Eagle River, AK is $422,475 with the market action index hovering around 41. This is an increase over last month's market action index of 39. Inventory has held steady at or around 100. 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.

Slight Seller's Advantage

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

Tue May 26 2020
This week the median list price for Eagle River, AK is $422,475 with the market action index hovering around 41. This is an increase over last month's market action index of 39. Inventory has held steady at or around 100. 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.

Slight Seller's Advantage

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 $422,475
Per Square Foot $187
Days on Market 113
Price Decreased 34%
Price Increased 1%
Relisted 4%
Inventory 100
Median Rent $2,295
Most Expensive $1,150,000
Least Expensive $185,000
Market Action 41
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
$633,200 2,820 1 - 2.5 acres 4 3 13 3 2 136
$464,500 2,384 0.25 - 0.5 acre 4 3 16 1 4 114
$367,900 1,920 0.25 - 0.5 acre 4 2 24 0 4 99
$299,000 1,760 6,500 - 8,000 sqft 3 2 38 8 6 101