Mid-May Real Estate Update

By
Real Estate Agent with Prudential Southeast Alaska Real Estate

May 10, 2007

Right now there are 91 single-family homes on the MLS in Juneau, ranging in price from $185,000 - $1,400,000. 

The average asking price is $383,382.  The median is $345,000

<250,000 - 11 listingsSunset in Excursion Inlet

<300,000 - 13 listings

<350,000 - 26 listings

<400,000 - 13 listings

<450,000 - 12 listings

<500,000 - 4 listings

<600,000 - 6 listings

>600,000 - 6 listings

There are currently 33 listings under contract, meaning they have an accepted offer and are heading to closing.  They range in price from $135,000 - 650,000.  The average asking price is $370,207 and the median asking price is $357,000.

At this time there is about a three-month supply of homes on the market - or at least that's how these numbers appear, but with seasonal adjustments, I'd call it five.  National statistics indicate that a six-month supply of homes is an indicator of a balanced market. 

Posted by

Debbie White, Broker

Prudential Southeast Alaska Real Estate

8465 Old Dairy Road #101

Juneau, AK 99801

907-723-9886 (Cell)

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Rainmaker
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Gary White~Grand Rapids Home Selling Pro Call: 616-821-9375
Flexit Realty "Flexible Home Selling Solutions" - Grand Rapids, MI
Real Estate Services You can Trust!
Just Think Debbie you could be in the Lower 48 and have 10,000 plus on the MLS......and none selling!
May 11, 2007 04:41 PM #1
Rainmaker
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Debbie White
Prudential Southeast Alaska Real Estate - Juneau, AK

Thank you for commenting, Gary.  I couldn't imagine working in that large of a market!  All of Juneau doesn't have near that many residential properties!

May 12, 2007 09:21 AM #2
Rainmaker
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Allison Stewart
St.Cloud Homes - Saint Cloud, FL
St. Cloud Fl Realtor, Osceola County Real Estate 407-616-9904
How does the cost of living compare to other places. Is Juneau cheaper to live in? 
October 14, 2007 08:35 AM #3
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Rainmaker
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Debbie White

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