Monday Market Memo for April 1-7, 2014

Victory Chalet
Reduced to $250,000 on 1.66 acreAt last, the Monday Market Memo is BACK!!

And just in time for spring. Notice that the chart shows 55 new listings and 50 pendings for the week. That is an active market folks.

I also note that there are 666 total listings on the market in the valley, not that this means anything.

If you are in the market to buy or sell, now is the time to do it.

For buyers the selection is best for the next 2 months. More homes will be hitting the market each week so watch closely. If you would like us to put you on a watch just let us know your criteria and we will send you the hot listings every day.

For sellers it’s important not to wait too long because buyers are out there right now. If your house is priced right it will get action.

Email us by clicking the contact button in the top row or just call Marty at 232-7900.

Number of Listings Average Price Median Price DOM
New 55 $238,630 $229,900
Total Active 666 $277,333 $234,700 143
Pending 50 $204,098 $229,900K/strong> 67
Closed 27 $204,207 $200,000 97

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, Inc.). AK MLS, Inc. does not guarantee nor is it in any way responsible for its accuracy. Data maintained by AK MLS, Inc. is for its own use and may not reflect all real estate activity in the market.