Home Prices in Anchorage Alaska for July 2017

Market Trends

Home Prices in Anchorage Alaska for July 2017 

Real estate market data for Anchorage, Alaska provided by Katrina Benton of Keller Williams Realty Alaska Group.  

Call 907-301-0189 if you would like more detailed market information specific to your neighborhood.  

Find out what your home in Anchorage Alaska is worth instantly on my website. 

Anchorage Home Prices 

 

We have seen a month of selling price decreases for home prices in Anchorage.  If you are considering buying a home you can find deals on a house in Anchorage.  Working with a good real estate agent who understands the market is a must.  Don’t wait on the sidelines for too long, many of our listings are starting to sell within a few days of hitting the market. As you can see from the graph below, listings are not selling exactly for asking price. To make sure you don't overpay for your home, you'll want to have an agent that does a thorough market analysis of the Anchorage home on which you are making an offer. 

If you are interested in how much current inventory is on the market in Anchorage you can find that information by clicking on the link. High inventory will suggest that homes are sitting on the market for longer. Currently, in this area of Anchorage, homes have a median time of 48 days on the market before they sell. This would suggest that buyers are in a great position to make an aggressive offer on a home. Sellers should make sure to price their home near the market value if they expect to get an offer from one of those interested buyers. Low inventory in Anchorage has multiple offers coming in on homes similar to what we saw back in 2007. I wouldn't expect home prices to run up quite as fast as they did back then as banks have gotten a lot stricter on lending guidelines and are no longer giving a loan to anyone with a pulse. But low inventory is one indicator that prices should continue to rise.  

 

 

Anchorage Home Prices

 

Anchorage Real Estate Market ReportsAnchorage Real Estate Report Summary 

The median list price in July for single family homes in Anchorage (99507) is $300,690. The list prices increased from the previous month. 

The number of active listings in Anchorage (99507) increased by 6.9% from the previous month.

Find Homes for Sale in Anchorage Alaska 

Visit my website to search for homes in Anchorage or to be notified when Anchorage homes come on the market.

To find out what your home is worth in the current market email me or call 907-301-0189.   

Thank you for reading about home prices in Anchorage AK for July 2017.