The Numbers Don't Lie - Its a Seller's Market (At least in the Mat-Su Valley)!
The number of active homes for sale remains low and the number of pending sales (demand) is steady. It was interesting that New Construction homes are about 1/3 of the homes for sale making the shortage of resale homes clear. Check out the chart below and any thoughts would be appreciated.
Anchorage & Eagle River are a different story with supply and demand virtually unchanged from last year. Now, this doesn't mean it isn't a good time to buy a home. Mortgage rates and affordability remain historically great. You just need to be ready when that perfect home hits the market. And for sure it is a good time to sell a home with low competition and strong demand. Give Travis or I a call if you are curious about the value of your home or buying opportunities!
This is a hot market for home sellers!
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Here's our most recent Listing Sale Pending and Pending Buyer Sale!
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