4 weeks into the new year and real estate sales in Eagle River Alaska are steady.  There was an initial rush of new homes on the market just after the first of the year.  Many of these homes had been previously listed and removed from the market during the holidays.  So, after this initial rush, the flow of new inventory has continued at a slow pace.  This good for sellers and buyers alike; the market remains stable.

The National association of Realtors came out with their latest number and the country saw a reduction in number of sales by 17% over last year at this same time.  They were anticipating the number to be closer to 10%.  This means that the housing recovery is going to take time.  I think everyone realizes this, they just wish it would happen sooner.

In Alaska, we're seeing the same steady market that we've seen in recent years.   I hear this quote just the other day "This market is an 'Opportunistic Market'; there are opportunities for buyer and sellers.  This is so true.  Values have remained steady on nice home, and homes that need work can be bought at a reduced price. 

Here are the numbers for Eagle River* Alaska residential sales:

  • 15 New Homes on the market
  • 5 Homes pended under new contracts
  • 5 homes Closed

There are currently 96 homes being marketed in Eagle River.

  • 73 existing homes
  • 0 New Construction Complete
  • 11 Homes under Construction
  • 12 Homes To Be Built (not started)

The number of homes available offers some great opportunities to buyers and for sellers that have very nice homes.  The current homes range in price from $169,000 to $1,100,000. 

To find out what your home is worth visit www.ValueMyAlaskanHome.com.

To receive a list of the latest homes on the market in South Central Alaska visit www.EagleRiverHomesforSale.com!

 

 

 

 

*This representation is based in whole, or part, on data supplied by, and to, the Subscribers of Alaska MLS.  Alaska MLS does not guarantee, nor is it in any way responsible for, its accuracy.  Data maintained by Alaska MLS is for its own use and may not reflect all real estate activity in the market.