Tait Zimmerman's Market Report

Chugiak, AK

Single-Family Homes

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Chugiak, AK

Thu Feb 13 2025
This week the median list price for Chugiak, AK is $502,450 with the market action index hovering around 48. This is less than last month's market action index of 49. Inventory has decreased to 10. Click here to stay informed with the Chugiak market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

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.

Chugiak, AK

Thu Feb 13 2025
This week the median list price for Chugiak, AK is $502,450 with the market action index hovering around 48. This is less than last month's market action index of 49. Inventory has decreased to 10. Click here to stay informed with the Chugiak market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

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 Chugiak market.
Median List Price $502,450
Median Price of New Listings $0
Per Square Foot $256
Average Days on Market 181
Median Days on Market 175
Price Decreased 30%
Price Increased 10%
Relisted 30%
Inventory 10
Median Rent
Market Action 48
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
$789,500 3,121 1 - 2.5 acres 3 2.5 11 0 0 301
$675,500 2,146 1 - 2.5 acres 3 2 22 0 1 70
$489,900 1,200 1 - 2.5 acres 3 2 19 0 0 196
$149,900 1,650 1 - 2.5 acres 2 2 33 0 0 154