When comparing the 2009 real estate market in AK to the previous 2008 market, the results show not too  much of an overall change.  The number of home sales in 2008 was 1131, while the 2009 number was 7 percent less at 1046 sales.  There was a 4 percent decline in the average sales price from $228,170 to $219,408, and the average days on the market didn’t show much of a change either from 84 in 2008 to 85 in 2009.  The number of homes on the market went from 2,959 to 2,779 showing a promising 6 percent change, and the number of homes under contract went from 1,128 to 1,068.  This yearend report comparison for the AK real estate market reveals improvements in some areas, and only small declines in others.  Find out more about Alaska’s real estate market in 2009 here.

For more information on properties in Wasilla, Palmer, or Anchorage Alaska, contact The Kristan Cole Team today.

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