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.
Anchorage Market Snapshot Despite having 10% less available inventory than this time last year, we have a pretty stable market here in Anchorage. Active pending home sales are also down because of this decrease in inventory. Here are some other trends we've seen this year:
Average home sales price is around $365,000, a 4.2% increase since last year.
The average seller is getting 97% of the original listing price.
Homes are sitting on the market for average of 81 days.
Interest rates are still great. A 30-year fixed-rate is still around 4.2% and FHA and VA rates are at 3.7%.
Now is a great time to buy or sell a home in our area. We're not sure how long interest rates are going to remain this low - take advantage of them now to save down the road. For sellers, we're seeing homes sell quickly and for top value if they are priced correctly and in good condition. If you have any questions about conditions in your particular area, we would love to help you out. Give us a call or shoot us an email for the best real estate resources available.
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.
Anchorage Real Estate Market Update for Summer 2014 We are halfway through the year so now is a great time to give you a real estate market update about what's been going on in Anchorage.
The Anchorage market is a little different right now than what we have seen historically. Usually when we have low inventory, that typically signals we are in a sellers market, but that is not necessarily what we are seeing right now.
We currently have over 700 homes on the market available to purchase, which comes out to about 3.75 months of inventory on hand.
What does this mean to you? Well in our heavy seasons we have had anywhere from 12-15 months of inventory, so we are definitely at a much lower inventory than we are used to.
The average sale price of a home in Anchorage is $355,000 and the average days on the market for a home is about 67 days.
Properties on the market that are priced correctly are selling quickly, but overpriced homes are staying stagnant on the market. Properly priced homes are also getting multiple offers.
Overall, this is a good market, but not quite as booming as it should be. Sellers are benefiting from low inventory and an increase in sale prices while buyers, although with limited options, interest rates are as good as they have been in a long time and now is a great time to lock in a rate. If you have any questions about the market or are looking to buy or sell real estate in Anchorage, please give us a call or send us an e-mail. We would love to help out!
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.
Follow These Tips to Bring Out Your Home’s Beauty! When preparing your home for sale, follow these tips:
Work on your curb appeal. This could be trimming your yard, planting flowers, sweeping your doorstep and even wiping down your doors. Your first impression needs to be warm, welcoming and awesome!
De-cluttering your home. Take down any personal pictures and remove anything that you will not be using from now until the time you sell the house. Pack it up and put it out in the garage! If you decide to list with the Dar Walden Team, I will walk through the house and help you with this.
Kitchen. De-cluttering is especially important when it comes to the kitchen – completely clean off your countertops and only keep things that you use every day. The countertops need to look large and inviting! This also goes for the refrigerator and cabinet tops. The kitchen and master bedroom are the two biggest influences on a potential buyer.
Master bedroom. When de-cluttering your master bedroom, be sure to remove items from your night stands, leave only the essentials and buy a presentable bed ensemble. May your bed look fluffy and inviting!
Bathroom. Make sure your bathroom is clean – especially your mirrors! If you use the energy efficient light bulbs, swap them out for tradition light bulbs. Since the energy efficient bulbs take time to warm up, this could harm your bathroom’s appeal. Lighting is very important – especially here in Alaska!
Touch up your walls. If there any dents or chips in your walls, be sure to touch them up. Be sure to clean your baseboards and if anything needs to be re-caulked, don’t hesitate to do so.
Clean your carpets.
If you have additional questions or need clarification, please reach out to me by phone or email. Thanks and have a great day!