I’ve decided to report the year-to-date numbers just to keep the videos quick and the numbers simple. You will find August 2020 to August 2019 comparison in the narrative below each video.
Anchorage Single Family Homes
Year-to-Date Through September 30, 2020
Inventory is down 22% through September 30th from the same period in 2019 and is currently at 2.6 months supply.
Average list price is up 8% to 426K. Median list price is up 6% to 370K. Average sales price is up 4.5% to 391K. Median sales price is up 3.5% to 350K.
Average days on market is down 14% to 42 days with the median marketing time down 32% to 13 days.
Sales are up 9% over 2019 through September to 1730. Pending sales are up 21% to 2122. Active listings are even at 2943 and new listings are up 1% to 2509.
September 2020 to September 2019 Comparison
Inventory is down 35% to 2.6 months supply in September 2020 as compared to September 2019.
Average list price is up 17% to $501,0666. Median list price is up 10% to $399,900. Average sales price is up 5% to $390,005. Median sales price is up 10% to $368,750.
Average marketing time is down 27% to 32 days. Median days on market is down 48% to 12 days for September 2020.
Sales are up 28% to 248 for September 2020. Pending sales are up 64% to 291 from 177 in September 2019. Active listings are down 32% to 471 from 696 last August and new listings are up by 14% to 274 from 240 for September 2019.
Anchorage Condos
Year-to-Date Through September 30, 2020
Inventory is down 16% through September 30tht from the same period 2019 and is currently at just under 4 months supply.
Average list price is up 1% to 221K. Median list price is up 2% to 199K. Average sales price is even at 208K. Median sales price is dow 1% at 197K.
Average marketing time is down 14% to 57 days. Median days on market is down 12% to 30 days.
Sales are up 4% year-to-date to 729. Pending sales are up 16% to 900. Active listings are down 1% to 1486 and new listings are even at 1199.
September 2020 to September 2019 Comparison
Inventory is down 22% to just over 4 months supply in September 2020 as compared to September 2019.
Average list price is up 10% to $237,056. Median list price is up 10% to $197,000. Average sales price is even at $207,419. Median sales price is down 5% to $205,000.
Sales are up 51% to 118 for September 2020 from 78 in September 2019. Pending sales are up 65% to 127 from 77 in September 2019. Active listings are down 22% to 321 from 413 last year and new listings are up 24% to 145 from 117 for September 2019.
Eagle River Single Family Homes
Year-to-Date Through September 30, 2020
Inventory is down 17% through September 30th from the same time period in 2019 and is currently just over 3 months’ supply.
Average list price is up 1% to 410K. Median list price is up 1% to 379K. Average sales price is up 2.6% to 392K. Median sales price is also up .3% to 365K.
Average marketing time is down 12% to 43 days with a median marketing time decrease of 18% to 18 days.
Sales are up 17% over 2019 to 425 through September. Pending sales are up 28%to 515. Active listings are up 4% to 724 and new listings are also up 4% to 610.
September 2020 to September 2019 Comparison
Inventory is down 32% to 2.7 months supply for September 2020 from 4 months in September 2019.
Average list price is up 7% to $$460,295. Median list price is up 9% to $435,900. Average sales price is down 13% to $367,450. Median sales price is down 3% to $358,000.
Average marketing time is down 3% to 30 days on market from 31 days in September 2019. Median marketing time is down 56% to 10 days from 23 days in September 2019.
Sales are up 2% to 55 for September 2020 from 54 last year. Pending sales are up 89% to 62 from 33 in September 2019. Active listings are down 21% to 212 from 153 last year and new listings are up 24.5% to 61 from 49 in September 2019.
Wasilla Single Family Homes
Year-to-Date Through September 30, 2020
Inventory is down 34% through September 30th from the same period in 2019 and is currently at just over 3 months supply.
Average list price is up 7% at 332K. Median list price is up 5% to 300K. Average sales price is up 8% to 303K. Median sales price is up 6% at 282K.
Average marketing time is down 14% to 55 days. Median marketing time is is 24% to 22 days.
Sales are up 7% to 971 through September. Pending sales are up 17%to 1209. Active listings are down 7% to 1697 and new listings are down 7% to 1388.
September 2020 to September 2019 Comparison
Inventory is down 51% for September 2020 to 2.2 months supply from a 4.5 month supply in September 2019.
Average list price is up 15% to $390,670. Median list price is up 13% to $337,000. Average sales price is up 8.25% to $316,002. Median sales price is up 8.8% to $299,000.
Sales are up 11% to 131 for September 2020 from 118 for September 2019. Pending sales are up 35% to 142 from 105 in September 2019. Active listings are down 47% to 240 from 451 last year and new listings are up 4% to 126 from 121 for September 2019.