Wasilla Real Estate, Statistics for May 5-12,2008

Wasilla Real Estate News presents the real estate numbers for the week.  These statistics include all single family residences in the Matanuska-Susitna Borough.  This includes Palmer, Wasilla, Big Lake, Houston, Willow, Talkeetna, Trapper Creek, Sutton and all points North East as far as Lake Louise.

However, over 80% of the real estate activity takes place in what we call the core area.  This includes Palmer, Wasilla, Big Lake and South Houston.  There are a lot of homes in the Knik-Goose Bay Road area and the Meadow Lakes area that aren’t in any city.

Below are the stats for the week.


Average Price DOM
New 58 $301,731 .
Total Active 819 283,113 132
Pending 36 $246,469 89
Closed 28 $209,184 91

Pending sales were up a little this week which is good.  Pretty much all the other categories were up as well.  The inventory is growing faster than we are selling the homes off…but that is to be expected in the spring.

I heard about one Realtor showing 77 homes to a buyer this past week.  They almost have it narrowed down now.  I think that is some kind of a record.  I usually lose track after about 25–30 houses to one buyer.  That is a reflection of the times.  There are a lot of houses to look at.

Three houses over $400,000 pended this past week, and several more in the $300,000 range.  One of our listings over $500,000 pended as well so it was a good week for the higher end houses.

I finished my new motivated sellers list for the week.   If you are interested just click on the contact link to send an email.

Also, if you would like to get a better search for houses just drop a line with the criteria you need and I will set up a search for you that is much better than the kind you can do online.