Tait Zimmerman's Market Report

Anchorage, AK 99517

Single-Family Homes

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Anchorage, AK 99517

Tue Oct 19 2021
This week the median list price for Anchorage, AK 99517 is $352,500 with the market action index hovering around 55. This is less than last month's market action index of 60. Inventory has decreased to 16. Click here to stay informed with the Anchorage market!

Market Action Index

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

Strong Seller's Market

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Anchorage, AK 99517

Tue Oct 19 2021
This week the median list price for Anchorage, AK 99517 is $352,500 with the market action index hovering around 55. This is less than last month's market action index of 60. Inventory has decreased to 16. Click here to stay informed with the Anchorage market!

Market Action Index

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

Strong Seller's Market

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Anchorage market.
Median List Price $352,500
Median Price of New Listings $325,000
Per Square Foot $203
Average Days on Market 56
Median Days on Market 46
Price Decreased 63%
Price Increased 0%
Relisted 6%
Inventory 16
Median Rent $1,998
Market Action 55
Strong Seller's Market

We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move 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
$667,500 3,030 8,000 - 10,000 sqft 4 3 49 0 3 52
$384,500 1,716 8,000 - 10,000 sqft 4 2 57 0 2 10
$312,450 1,660 4,500 - 6,500 sqft 4 2 39 1 1 49
$246,450 1,192 4,500 - 6,500 sqft 2 2 54 0 0 35