Alaska Real Estate Trends - A New Way to Look at Alaska Realty

Alaska Real Estate

According to recent reports from Alaska Multiple Listing Service, the Alaska real estate market is generally balanced, favoring neither buyers or sellers. While some sectors of the market continue to favor buyers – such as high-priced luxury listings – rising demand has shifted conditions in other sectors. Single family homes between $200,000 and $275,000 spend an average of less than two months on the market. This concentration of lower priced homes has helped the average sale price drop from $240,000 to $225,000 in just four months.

Investors and home buyers alike can delight in the remote Alaska real estate opportunities. Just under half of all listings currently on the market are for undeveloped Alaska land for sale. While the average list price for Alaska land is just $140,000, some listings almost 1,000 acres and a list price of $14 million.

Alaska real estate sales have been strong in the early part of 2012 and industry insiders say that the combination of a balanced market and low interest rates will help the Alaska real estate market grow even further in late spring and summer.

Map of Alaska Cities - Average Listing Price Change

Alaska Real Estate:
Largest Increase in Listing Price

City 3 mo.
Palmer, AK Real Estate
4.26%
Homer, AK Real Estate
3.63%

Alaska Real Estate:
Largest Decrease in Listing Price

City 3 mo.
North Pole, AK Real Estate
7.18%
Fairbanks, AK Real Estate
6.84%
Anchorage, AK Real Estate
4.43%
Eagle River, AK Real Estate
1.77%
Soldotna, AK Real Estate
1.66%

Alaska Homes For Sale By City

Most Expensive Alaska Homes for Sale by City

City Median $ 3 mo.
Anchorage, AK Homes for Sale $466,420
4.43%
Eagle River, AK Homes for Sale $403,198
1.77%
Soldotna, AK Homes for Sale $325,771
1.66%
Kenai, AK Homes for Sale $311,304
0.30%
Palmer, AK Homes for Sale $310,917
4.26%

Least Expensive Alaska Homes for Sale by City

City Median $ 3 mo.
North Pole, AK Homes for Sale $217,658
7.18%
Fairbanks, AK Homes for Sale $223,697
6.84%
Wasilla, AK Homes for Sale $292,192
1.09%
Homer, AK Homes for Sale $296,829
3.63%
Palmer, AK Homes for Sale $310,917
4.26%

Best Alaska Cities for Families and Singles

Top 5 Alaska Cities for Families

City Homes with
Children
Crime vs. Natl. Avg.
Eagle River, AK Local Info 42.00% 1.81
Anchorage, AK Local Info 36.00% 1.68
Juneau, AK Local Info 34.00% 1.55
Fairbanks, AK Local Info 34.00% 2.17
College, AK Local Info 26.00% 0.22

Top 5 Alaska Cities for Singles

City Unmarried Female
to Male
Fairbanks, AK Local Info 79.00% 47% / 53%
College, AK Local Info 73.00% 48% / 52%
Juneau, AK Local Info 70.00% 49% / 51%
Anchorage, AK Local Info 70.00% 49% / 51%
Eagle River, AK Local Info 61.00% 50% / 50%
Methodology

Largest Increase in Listing Price Methodology

This chart uses the median listing price of cities with at least 100 active property listings to calculate the largest percentage increase in median listing prices for single family homes over a three month period.

Largest Decrease in Listing Price Methodology

This chart uses the median listing price of cities with at least 100 active property listings to calculate the largest percentage decrease in median listing prices for single family homes over a three month period.

Most Expensive Homes for Sale by City Methodology

This chart uses the median listing price of cities with at least 100 active property listings to retrieve the cities with the five highest median listing prices of single family homes. In addition, the median listing prices are used to calculate the associated increase or decrease in median listing price as a percentage over a three month period.

Least Expensive Homes for Sale by City Methodology

This chart uses the median listing price of cities with at least 100 active property listings to retrieve the cities with the five lowest median listing prices of single family homes. In addition, the median listing prices are used to calculate the associated increase or decrease in median listing price as a percentage over a three month period.

Top 5 Cities for Families Methodology

This chart displays the top five cities with a population of at least 10,000 that have the highest percentage of homes with children and the lowest crime rate. Crime rate is determined by comparing each city's crime rate index against the national crime rate index, which equals 100. A number lower than one indicates less crime than the national average, while a number greater than one indicates more overall crime than the national average.

Top 5 Cities for Singles Methodology

This chart displays the top five cities with a population of at least 10,000 that have the highest percentage of unmarried people. An unmarried person is defined as someone who was never married, is separated, or divorced.