Wasilla Real Estate News, Monday Market Memo, 9/10/2007

MartyMonday Market Memo

Here are the statistics for this week.  We are still moving along at a fairly steady pace.  Closings are down from last week but about up with everything since spring. 

 

Average Price DOM
New 56 $302,411
Total Active 986
Pending 24 $226,585 61
Closed 25 $210,817 97

I took a look at the closed sales for the last three months:

  • New Construction  60, Average price $229,680
  • Less than 5 years old. 163, Average price $254,735
  • 5–10 years old. 45, Average Price $246,402
  • Over 10 years. 161, Average Price $193,585

It’s interesting to see the difference in the markets.