Wasilla Alaska Real Estate for sale ... But don't blink or that home will be gone.

Wasilla Alaska Real Estate for sale ... But don't blink or that home will be gone

In keeping a watchful eye on the state of  the Wasilla real estate market, something has really stood out as of late.  Homes are selling....and fast.

We thought that you may like to receive an update on the Wasilla Market that doesn't appear in the Market Insider information that you receive, and that is the percentage of homes that are currently under contract and how many of them have sold within 10 days.  Of the 211 homes that are pending today, 20 of them sold in less than one day!  There are a lot of multiple offers on homes right now as a result of the frenzy that we are experiencing.    

Here is the breakdown as of 5-2-14:

        PRICE                     # OF PENDING SALES               % SOLD IN LESS THAN 10 DAYS

$100,000-$150,000                           18                                                       55
$150,000-$200,000                           43                                                       37
$200,000-$250,000                           54                                                       35
$250,000-$300,000                           34                                                       32
$300,000-$350,000                           26                                                       23
$350,000-$400,000                           21                                                       33
$450,000-$500,000                            7                                                        43

$500,000 and higher                          2                                                          0

What does this mean to you as a buyer?  It means that when the time is right for you to enter into the market, that you should expect to move fast if you want something.  And be prepared to put your best foot forward as you will likely be in competition with other buyers.  That means doing your "home" work first by having a pre-approval from a lender (if you are need financing) and be ready to go look at these in person as soon as they come on the market.  In many cases you may not be able to say, "I don't have time today...how about this weekend?"

What does this mean to you as a seller?  It means that when the time is right for you to put your home on the market, that you should have your home 'showroom' ready on day 1.  We can help you to prepare for the market by offering advice on the things you need to do to maximize the conditions to your favor. 

Wasilla Real Estate Report Summary in All Price Ranges

Find Homes for Sale in Wasilla Alaska

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Real estate market data for Wasilla, AK provided by Greg Shepard of Jack White Real Estate, www.AlaskaHomeSellers.com