Tait Zimmerman's Market Report

Eagle River, AK

Single-Family Homes

Advantage Alaska Real Estate | 907-519-0043



Eagle River, AK

Sun Aug 18 2019
This week the median list price for Eagle River, AK is $399,900 with the market action index hovering around 35. This is an increase over last month's market action index of 33. Inventory has held steady at or around 149. Click here to stay informed with the Eagle River market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

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

Sun Aug 18 2019
This week the median list price for Eagle River, AK is $399,900 with the market action index hovering around 35. This is an increase over last month's market action index of 33. Inventory has held steady at or around 149. Click here to stay informed with the Eagle River market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

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 $399,900
Per Square Foot $179
Days on Market 75
Price Decreased 52%
Price Increased 3%
Relisted 4%
Inventory 149
Median House Rent $2,095
Most Expensive $1,150,000
Least Expensive $205,000
Market Action Index
Slight Seller's Advantage
35

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
$595,000 3,272 0.25 - 0.5 acre 4 3 15 3 4 93
$465,000 2,434 0.25 - 0.5 acre 4 3 17 6 7 66
$374,500 2,051 0.25 - 0.5 acre 4 3 35 2 6 75
$312,450 1,707 8,000 - 10,000 sqft 3 2 35 3 8 68