Saturday, January 11, 2014

Hot Anchorage home market drives prices up to average $347,000 | Business | ADN.com

Hot Anchorage home market drives prices up to average $347,000 | Business | ADN.com:

http://www.adn.com/2014/01/09/3266181/prices-of-anchorage-homes-continued.html#emlnl=Breaking_News



"BY MONICA GOKEY mgokey@adn.comJanuary 9, 2014"

Anchorage's real estate market is more competitive than ever, with home prices continuing to rise, according to new data from the Alaska Multiple Listing Service.

In 2013, homes spent an average of 49 days on the market before selling -- down 20 percent from the previous year -- and buyers are paying 99 percent of the last listing price, according to new data.

The average residential home price in 2013 was $346,977, up 7.8 percent over the average home price of $321,958 in 2011.

Homes listed in the $250,000 to $274,999 price range sold in an average of 34 days, the residential home market's quickest turnaround.

In short: It's a seller's market. Read more: http://www.adn.com/2014/01/09/3266181/prices-of-anchorage-homes-continued.html#emlnl=Breaking_News

Related: http://www.homesofalaska.com/

http://kevindayhoff.blogspot.com/2014/01/hot-anchorage-home-market-drives-prices.html

Read more here: http://www.adn.com/2014/01/09/3266181/prices-of-anchorage-homes-continued.html#emlnl=Breaking_News#storylink=cpy

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