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 August 31, 2020
Inventory is down 20% through August 31st from the same period in 2019 and is currently at 2.5 months supply.
Average list price is up 7.75% to 427K. Median list price is up 6% to 369K. Average sales price is up 4.5% to 390K. Median sales price is up 3.5% to 350K.
Average days on market is down 14% to 43 days with the median marketing time down 26% to 14 days.
Sales are 5.6% over 2019 through August to 1466. Pending sales are up 18% to 1869. Active listings are down 1% to 2662 and new listings are down 1% to 2229.
August 2020 to August 2019 Comparison
Inventory is down 32% to 2.6 months supply in August 2020 as compared to August 2019.
Average list price is up 17% to $501,326. Median list price is up 14% to $410,950. Average sales price is down 1.7% to $396,748. Median sales price is down .3% to $354,000.
Average marketing time is down 32% to 26 days. Median days on market is down 50% to 7 days for August 2020.
Sales are up 18% to 272 for August 2020. Pending sales are up 39% to 312 from 225 in August 2019. Active listings are down 31% to 474 from 688 last August and new listings are up by two sales to 314 from 312 for August 2019.
Anchorage Condos
Year-to-Date Through August 31, 2020
Inventory is down 15% through August 31st from the same period 2019 and is currently at just under 4 months supply.
Average list price is up 2% to 220K. Median list price is up 1% to 198K. Average sales price is even at 207K. Median sales price is also even at 195K.
Average marketing time is down 13 % to 59 days. Median days on market is down 6% to 33 days.
Sales are down 2.7% year-to-date to 605. Pending sales are up 13% to 789. Active listings are down 3% to 1339 and new listings are down 3% to 1052.
August 2020 to August 2019 Comparison
Inventory is down 23% to just over 4 months supply in August 2020 as compared to August 2019.
Average list price is up 12% to $242,342. Median list price is up 11% to $199,900. Average sales price is down 9% to $197,860. Median sales price is down 9% to $189,900.
Sales are up 55% to 115 for August 2020 from 74 in August 2019. Pending sales are up 47% to 151 from 103 in August 2019. Active listings are down 28% to 310 from 432 last year and new listings are up 20% to 169 from 141 for August 2019.
Eagle River Single Family Homes
Year-to-Date Through August 31, 2020
Inventory is down 15% through August 31st from the same time period in 2019 and is currently just over 3 months’ supply.
Average list price is up 1% to 409K. Median list price is up 1% to 380K. Average sales price is up 5.6% to 396K. Median sales price is also up 3% to 369K.
Average marketing time is down 13% to 45 days with a median marketing time decrease of 13% to 19 days.
Sales are up 19% over 2019 to 369 through August. Pending sales are up 35%to 458. Active listings are up 2% to 660 and new listings are also up 2% to 546.
August 2020 to August 2019 Comparison
Inventory is down 36% to 2.8 months supply for August 2020 from 4 months in August 2019.
Average list price is up 2.5% to $431,291. Median list price is up 5% to $409,900. Average sales price is up 14.5% to $446,539. Median sales price is up 6% to $422,500.
Average marketing time is down 30% to 33 days on market from 47 days in August 2019. Median marketing time is up 20% to 18 days from 15 days in August 2019.
Sales are up 4% to 54 for August 2020 from 52 last year. Pending sales are up 14% to 65 from 57 in August 2019. Active listings are down 29% to 122 from 171 last year and new listings are up 4.5% to 69 from 66 in August 2019.
Wasilla Single Family Homes
Year-to-Date Through August 31, 2020
Inventory is down 32% through August 31st from the same period in 2019 and is currently at just over 3 months supply.
Average list price is up 6% at 329K. Median list price is up 5% to 300K. Average sales price is up 7% to 301K. Median sales price is up 5% at 278K.
Average marketing time is down 11% to 55 days. Median marketing time is is 21% to 22 days.
Sales are up 5% to 832 through August. Pending sales are up 17%to 1088. Active listings are down 8% to 1569 and new listings are down 8% to 1260.
August 2020 to August 2019 Comparison
Inventory is down 47% for August 2020 to 2.7 months supply from a 5 month supply in August 2019.
Average list price is up 14% to $380,257. Median list price is up 11% to $329,900. Average sales price is up 8.8% to $306,706. Median sales price is up 7.5% to $284,900.
Sales are up 20% to 160 for August 2020 from 133 for August 2019. Pending sales are up 47% to 199 from 135 in August 2019. Active listings are down 44% to 281 from 500 last year and new listings are up 6% to 159 from 150 for August 2019.