There are many great Anchorage area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home,click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call me at (907) 865-6404 for a FREE home buying or selling consultation to answer any of your real estate questions.
Today I'd like to update you on the inventory levels here in Anchorage and Eagle River. Overall, inventory is relatively low, and we're under a three month level. This means that we're in a seller's market because there are less homes available.
- Anywhere under $400K there is about a 1-2 month supply of homes, so sellers can reap big benefits if they have a home of this value for sale.
- From $400K to $600K we have more inventory and homes are sitting on the market for a little bit longer. The key to selling these homes is pricing them right and making sure that they are in good condition.
- From $600K to $750K we have about six months of inventory, which means that the market is balanced between buyers and sellers. Buyers will have an easier time buying these homes.
- If your home is worth more than $1 million, we have roughly 23 months of inventory, which means that you're in a buyer's market.
Overall, the real estate market is very good here for buyers and sellers. Please don't hesitate to contact me if you're looking to buy or sell a home in Anchorage.
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