Tait Zimmerman's Market Report

Eagle River, AK

Single-Family Homes

Advantage Alaska Real Estate | 907-519-0043



Eagle River, AK

Thu Jan 23 2020
This week the median list price for Eagle River, AK is $404,450 with the market action index hovering around 33. This is an increase over last month's market action index of 30. Inventory has held steady at or around 96. 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

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.

Eagle River, AK

Thu Jan 23 2020
This week the median list price for Eagle River, AK is $404,450 with the market action index hovering around 33. This is an increase over last month's market action index of 30. Inventory has held steady at or around 96. 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

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 Eagle River market.
Median List Price $404,450
Per Square Foot $192
Days on Market 137
Price Decreased 39%
Price Increased 2%
Relisted 5%
Inventory 96
Median Rent $1,900
Most Expensive $829,950
Least Expensive $222,500
Market Action 33
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
$617,500 2,762 1 - 2.5 acres 4 3 2 2 3 193
$449,500 2,206 8,000 - 10,000 sqft 4 2 8 0 2 147
$377,000 2,266 0.25 - 0.5 acre 4 2 25 1 2 120
$319,500 1,519 8,000 - 10,000 sqft 3 2 38 3 8 88