Monday Musings...

Monday, February 4th, 2008

Taken from the Alaska MLS.  These are the most current market conditions from January 1st-February 3rd, 2008:

Property Type

Area

Current Active

New

Pend

Sold

Average Sales Price

DOM

Residential	BG - Big Lake	37	12	5	3	184,333	121
Residential	HO - Houston	25	4	1	2	234,500	138
Residential	PA - Palmer	137	34	16	19	226,559	105
Residential	PM - Pt McKenzie	1	0	0	0		49
Residential	WA- Wasilla	369	90	44	58	218,463	117
Residential	WI- Willow	38	6	2	1	275,000	162

Watching these statistic each day provides valuable information for me as a Realtor and for you as a buyer or seller in the unique market that is the MatSu Valley of Alaska.  The inventory in the Valley is increasing each week.  I expect the inventory to continue to increase as Spring approaches.  If we would compare the DOM (Days on Market) to last year, we would find a significant increase.  I will do the research on that and post it here possibly next Monday in my Monday Musings.

AlaskaMLS disclaimer..."This representation is based in whole or in part on data supplied by, and to, the subscribers of Alaska Multiple Listing Service, Inc. (AK MLS, Inc.). AK MLS, Inc. does not guarantee nor is it in any way responsible for its accuracy. Data maintained by AK MLS, Inc. is for its own use and may not reflect all real estate activity in the market. "