Things have been looking up in the Anchorage real estate market compared to last years data! This past April, we have seen 6.4% more homes being sold, 10% more homes pending, 7.4% more new listings on the market and as a result a 1.94% list price increase from last April.
We told you springtime is the busiest time in real estate and we weren’t kidding! Those that had their house up for sale during early spring saw an average of 82 days on the market and with multiple offers in the mid $300,000 price range.
However, inventory has still been relatively low which means for buyers, there is less option and more competition on resale homes. This is starting to make new construction more appealing and popular. With the new subdivisions popping up around Anchorage, these lots have been selling fast! Builders in the area are offering more unique, customizable features and upgrades, making the new construction market an appealing time to build a new home.
We have some beautiful lots currently listed that offer beautiful vistas and so much space for a potential new build home. Picking out your dream home AND property? That sounds pretty amazing to us! Give us a call at 907-529-4660 to talk to us about finding your next dream home or property!