Home > Buyers, Sellers, Statistics > Local Housing Statistics Indicate A Stable Market

Local Housing Statistics Indicate A Stable Market

For all of you number crunchers – It’s that time of year! – when all of the previous year’s data is compiled, analyzed, and interpreted to find out what direction we are headed in.  This month our Multiple Listing Service provided us with the following chart displaying residential housing inventory for the Mat-Su Borough over the last 3 year. Our main focus landed on Palmer and Wasilla as they are our best market indicators.

As the chart shows Wasilla is seeing slight gains over the last 3 years in the number of homes sold and the average sales price.  Average days on the market (DOM) seem to be holding steady.

Palmer on the other hand seems to be on a small roller-coaster with their slight up and down.  It’s interesting to see the number of new listings has decreased while number of sold listings has increased with the average sales price decreased.  Typically if home sales are on the increase prices increase too.

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If you know someone looking to buy real estate, sell real estate, or invest in real estate this year pass along the chart and tell them about us!  Allow us to put our knowledge and experience to work for them! 

Team Rogers – (907) 373-4300/ teamrogers@mtaonline.net

Team Rogers is proud to serve the Palmer,AK, Wasilla,AK, and Mat-Su Borough in residential, new construction, land, commercial, and  investment real estate.  We are the #1 Team at RE/MAX Dynamic of the Valley and look forward to working with you!

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Categories: Buyers, Sellers, Statistics
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