I’ve decided to report the year-to-date numbers just to keep the videos quick and the numbers simple. You will find July 2020 to July 2019 comparison in the narrative below each video.
Anchorage Single Family Homes
Year-to-Date Update Through July 31, 2020
Inventory is down 18% through July 31st from the same period in 2019 and is currently at 2.5 months’ supply.
Average list price is up 7.5% to 428K. Median list price is up 6% to 370K. Average sales price is up 5.7% to 389K. Median sales price is up 5.9% to 349K.
Average marketing time is down 10% to 47 days. Median marketing time is down 20% to 16 days.
Sales are up 2.8% over 2019 through July 31st. Pending sales are up 16%. Active listings are down 1% and new listings are down 1%.
July 2020 to July 2019 Comparison
Inventory is down 26% to 2.89 months supply in July 2020 compared to July 2019.
Average list price is up 16% to $495,000. Median list price is up 11% to $399,900. Average sales price is up 5.8% to $399,000. Median sales price is up 7.3% to $359,500.
Average marketing time is down 27% from July 2019 to 32 days. Median marketing time is down 52% to 9 days for July 2020.
Sales are up 13.5% to 278 from 245 for July 2020. Pending sales are up 41% to 312 from 221 in June 2019. Active listings are down 26% to 510 from 687 last year and new listings are up 16% to 355 from 305 for July 2019.
Anchorage Condos
Year-to-Date Update Through July 31, 2020
Inventory is down 14% through July 31st from the first half of 2019 and is currently at a 4 month supply.
Average list price is up 2% to 222K. Median list price is down 1%to 196K. Average sales price is up 2% to 210K. Median sales price is up 1.5% to 198K.
Average marketing time is down 9% to 63 days with a median marketing time increase of 6% to 38 days.
Sales are down 11% from 2019 through July. Pending sales are up 8%. Active listings are down 6% and new listings are down 6%.
July 2020 to July 2019 Comparison
Inventory is down 21% to just over 4 months supply in July 2020 as compared to July 2019.
Average list price is up 11.9% to $242,575. Median list price is up 12% to 198,500. Average sales price is up 1% to $215,873. Median sales price is down 2.85% to $197,500.
Average marketing time for July 2020 is 52 days, down 16% from July 2019. Median marketing time is 30 days, up 43% from July 2019.
Sales are up 7% to 103 for July 2020 from 96 in July 2019. Pending sales are up 70% to 131 from 77 in July 2019. Active listings are down 25% to 310 from 414 last year, but new listings are up 21% to 182 from 150 for July 2019.
Eagle River Single Family Homes
Year-to-Date Through July 31, 2020
Inventory is down 11% through July 31st from the same timeframe in 2019 and is currently at 3 months supply.
Average list price is even at 404K. Median list price is up 1% to 379K. Average sales price is up 4% to 388K. Median sales price is up 2% to 360K.
Average marketing time is down 11% to 47 days on market. Median marketing time is down 24% to 19 days.
Sales are up 10% over 2019 through July. Pending sales are up 34%. Active listings are up 4% and new listings are up 4%.
July 2020 to July 2019 Comparison
Inventory is down 27% to 3 months supply for July 2020 from 4 months in 2019.
Average list price is down .5% to $423,293. Median list price is up 3% to $399,000. Average sales price is up 8% to $404,239. Median sales price is up 3.65% to $380,858.
Average marketing time for July 2020 was 27 days, down 32.5% from July 2019. Median marketing time for July 2020 is down 57.8% from July 2019 to just 8 days.
Sales are up 74% to 87 for July 2020 from 50 last year. Pending sales are dead even with last year at 62. Active listings are down 25% to 129 from 171 last year and new listings are down 14% to 72 from 84 for July 2019.
Wasilla Single Family Homes
Year-to-Date Through July 31, 2020
Inventory is down 30% through July 31st from the same period in 2019 and is currently at just over 3 months supply.
Average list price is up 5% at 328K. Median list price is up 5% to 300K. Average sales price is up 7% to 301K. Median sales price is up 4% at 276K.
Average marketing time is down 11% to 58 days with a median marketing time decrease of 14% to 24 days.
Sales are up 2.4% through July over 2019. Pending sales are up 13%. Active listings are down 10% and new listings are down 10%.
July 2020 to July 2019 Comparison
Inventory is down 46% for July 2020 to 2.8 months supply from a 5 month supply in July 2019.
Average list price is up 9% to $359,956. Median list price is up 6.7% to 320K. Average sales price is up 12% to $314,290. Median sales price is up 10% to $295,500.
Sales are up 36% to 154 for July 2020 from 113 for July 2019. Pending sales are up 22% to 172 from 141 in July 2019. Active listings are down 44% to 291 from 520 last year and new listings are even at 188.