Real Estate Market Report - Anchorage, AK (Dec, 2023)

The median sale/list price for the given time period ranges from $330,000 in December 2022 to $399,900 in August 2023, with a slight dip in March. The median prices for the same time period in the list show a similar pattern, ranging from $330,000 in March 2023 to $385,000 in October 2023.

The median sale price per square foot is expected to steadily increase from December 2022 to October 2023, rising from $192.214 to $225.948. The largest increase is seen between May and June 2023, where the median sale price per square foot jumps from $221.106 to $226.279.

The first set of data shows a consistent increase in the number of properties sold/listed from December 2022 to June 2023, with a peak of 428 in June, followed by a slight dip in July and August. The second set of data shows a decrease in the number of properties listed/sold from December 2022 to January 2023, followed by a gradual increase until May, and a slight dip in June and July. The number of properties listed/sold remains relatively stable from August to October.

The median days on market for homes in the specified area was 65 in December 2022, and gradually increased to 79 in February 2023, before dropping to 50 in April and June 2023. It then increased slightly to 63 in October.