Tait Zimmerman's Market Report
Anchorage, AK 99517
Single-Family Homes
Advantage Alaska Real Estate | 907-519-0043
Anchorage, AK 99517
Sun Oct 06 2024
This week the median list price for Anchorage, AK 99517 is $565,000 with the market action index hovering around 54. This is an increase over last month's market action index of 49. Inventory has decreased to 15.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
Market Narrative
The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices
Real-Time Market Profile
| Median List Price | $565,000 | |
| Median Price of New Listings | $350,000 | |
| Per Square Foot | $239 | |
| Average Days on Market | 64 | |
| Median Days on Market | 42 | |
| Price Decreased | 40% | |
| Price Increased | 7% | |
| Relisted | 13% | |
| Inventory | 15 | |
| Median Rent | ||
| Market Action | 54 | |
| Strong Seller's Market | ||
Click for more charts
In this zip code this week saw relatively little price change from last week. However, we continue to demonstrate a nice up trend in general over the last several weeks.
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 |
|---|---|---|---|---|---|---|---|---|
| $1,095,000 | 5,109 | 0.25 - 0.5 acre | 4 | 4.5 | 26 | 1 | 0 | 91 |
| $756,450 | 3,133 | 8,000 - 10,000 sqft | 4 | 4 | 51 | 0 | 0 | 35 |
| $426,250 | 1,860 | 8,000 - 10,000 sqft | 3 | 1.8 | 63 | 0 | 2 | 87 |
| $347,450 | 1,516 | 4,500 - 6,500 sqft | 2 | 2 | 51 | 4 | 2 | 0 |