Home Prices Flat Through January

Home Prices Flat Through January

house-for-sale sold

Anchorage Housing Market

Home prices decreased .23% last month. Average sales price went from $348,262.00 last year to $ 347,474.00.

January home sales had average days on the market of approximately 69 days.

If you are thinking about selling this spring now is the time to start getting ready.

The market is currently good for buyers. Prices have leveled out and  interest rates are excellent.

We are in the lull before the spring rush. See Chart Below:

January 2015             January 2014               % Change
Absorption Rate                                     2.11                          1.99                        6.03
Average List Price                           $461,519                   $449,299                        2.72
Median List Price                            $369,900                    $371,000                      -0.30
Average Sale Price                         $347,474                    $348,262                      -0.23
Median Sales Price                         $305,000                    $318,000                      -4.09
Average ADOM                                        69                              60                     15.00
Median ADOM                                          45                             35                      28.57

If you have any questions or would like to sell or buy a home give me a call 907-440-2785.
John Collinge is an Anchorage Realtor
Amazing Alaska Homes
Jack White Real Estate

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