Anchorage Alaska Real Estate Statistics Condominiums Period Ending July 31, 2017

PRESENTED BY ANCHORAGE ALASKA REALTORs  THE LOGAN TEAM WITH HERRINGTON & COMPANY LLC AND ALASKA MULTIPLE LISTING SERVICE*

Municipality of Anchorage Alaska Condos Quick Snapshot

	YTD 2016		YTD 2017
Anchorage Alaska Condos for Sale - Average Sales Price	$215,085		$213,146
Anchorage Alaska Condos for Sale - Days on Market	59		69
Anchorage Alaska Condos Number of Units Sold	593		561
Anchorage Ak Condos for Sale - Supply & Demand			5.08

 

Municipality of Anchorage Alaska Condo Foreclosure Snapshot

	YTD 2016	YTD 2017
Anchorage AK Condos For Sale - Short Sales		7
Anchorage Short Sale Condos Sold	3	1
Anchorage Ak Condos For Sale - Bank or Gov Owned		10
Anchorage Alaska Condos - Foreclosures Sold	39	28

At the time of the blog post there are 455 Anchorage Alaska condominiums for sale in the Municipality of Anchorage. Market time has increased 10 days and average sales price has fallen. The absorption rate for Anchorage AK condominiums for sale has increased to 5.08 months. The overall condominium market in Anchorage Alaska is steady for supply and demand of inventory at most price points. The softest price points for inventory are below $130,000 $250K - $300K and those Anchorage Alaska condos for sale price over $500K. The rule of thumb is 6 months makes it a buyers market, while anything under 6 is an active solid market.  When you have 1 and 2 months of inventory, owners dictate negotiations and price.

Municipality of Anchorage Alaska Homes Detailed Reports

Anchorage Alaska Homes for Sale - Supply & Demand
Anchorage AK Homes for Sale - Average Sales Price
Anchorage Alaska Homes for Sale - Number of Units
Anchorage AK Homes for Sale - Sold Market Analysis  

Lonnie Logan
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BestAnchorageHomes.com 
Lonnie Logan, Associate Broker
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*This representation is based in whole or in part on data supplied by, and to the Subscribers of Alaska Multiple Listing Service, Inc.(AK MLS). AK MLS does not guarantee nor is it in any way responsible for its accuracy.Any questions regarding the statistics or the buying process please let us know.