Fairbanks AK Real Estate Market Report Sept 2010

By
Real Estate Broker/Owner with Jesse Clifton & Associates, REALTORS®

It looks like the beautiful fall has helped keep the Fairbanks real estate market moving forward.  Although the total number of homes sold has dropped a bit, the average sales price is up and time on the market is down...

The sellers and buyers we talk to are all bullish on the Fairbanks real estate market.  A few sellers are making concesions to get their homes sold, but many are getting every nickel of their asking price.  We just put a listing under contract where there were multiple buyers competing for the property. Consumer confidence is good news for both Fairbanks buyers and sellers.

Fall Colors Fairbanks Alaska

 

 

Average Sales Price - UP

Average Days on the Market - DOWN

Homes Sold - DOWN

List to Sales Price Ratio - UP

 

 

Fairbanks Real Estate Market Report 9.2010

 

 

Is this a good time to buy Fairbanks real estate? It very well could be. Prices have come down, seller concessions are available and as of this morning a 30 year fixed rate loan will cost you 3.875%! Call us at 907-699-6024 or contact us online today to start the search for your piece of the Last Frontier.

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Topic:
Real Estate General Information
Location:
Alaska Fairbanks North Star County Fairbanks
Groups:
Alaska - Real Estate In The Last Frontier
Tags:
fairbanks real estate
fairbanks real estate market report

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Rainmaker
520,475
Maria Morton
Kansas City Real Estate 816-560-3758
BHG Real Estate - Kansas City Homes

Jesse, this is good news! And you made some real pretty charts in Autumn colors. ^_^

October 12, 2010 02:03 AM
Ambassador
1,452,396
Michael Thornton
Home Inspector - Nashville, TN area - 615.661.0297
Complete Home Inspections, Inc.

Good morning Jesse! Long time no see...

October 12, 2010 05:03 AM
Rainmaker
1,732,598
William Feela
Realtor, Whispering Pines Realty 651-674-5999 No.
WHISPERING PINES REALTY

Great news Jesse.  The calls are just starting to be more consistent in my home State also.  Ih ope things are better around your household.

October 12, 2010 09:55 AM
Rainmaker
965,333
Gary L. Waters, Broker Owner Waters Realty of Brevard, LLC
Personal Service, always.
Waters Realty of Brevard, LLC

Those all look like good indicators. The homes sold will creep up when people realize the prices are rising!

October 12, 2010 11:03 AM
Rainmaker
469,626
Harrison K. Long
business, REALTOR , GRI, Broker
Coldwell Banker Previews, Irvine, South OC

Jesse ... I like your Fairbanks local housing market report, which has the info and good graphics to support.  It looks like housing prices are down there, and with low mortgage rates it can be an excellent time to buy.  Best wishes.

October 14, 2010 12:25 PM
Rainmaker
328,295
Steven Nickens
R(S)GRI ABR, Maui Real Estate Hawaii
Island Sotheby's International Realty

Great report, Maui is starting to move to with multiple offers on some properties.

October 20, 2010 10:12 PM
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Ambassador
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Jesse & Kathy Clifton

Fairbanks Alaska Real Estate Specialists, 907-328-9328
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