A Look at Alaska’s Real Estate Market in 2009

Alaska’s real estate market did fairly well compared to the other states, though nationally last year was a difficult time for real estate.  In 2009, the Alaska Multiple Listing Service reported that 1145 homes were sold in the Palmer Wasilla area, only 4.06 percent less than the previous year.  As of January 7th 2009, there were 549 homes on the market which was nearly the same number that was recorded last year during the same month.  The average sales price for Palmer and Wasilla AK area homes was $216,615, with 93 days on the market.

Furthermore, by the definition from the National Association of Realtors, the current 6 month supply of homes make the Alaska real estate market ‘normal’ or stable.  For more information on current real estate reports for Palmer and Wasilla AK and for the help you need in selling or buying real estate contact The Kristan Cole Team today.