Alaska Real Estate - Information Vital to the Home Seller
The following statistical information was taken from the Alaska Real Estate MLS data base and reflects the border Anchorage bowl. The color map of Anchorage breaks down the Anchorage bowl into the grids system used by the Anchorage MLS service. Take the time to locate your area of interest.
As a professional I want to know how many months of supply our current market has on hand. Knowing this allows me to communicate to my selling client current market conditions and correctly present ideas as to how to best to place there property into the market. A marketing strategy is dictated through our understanding of our market’s “Absorption Rate.” (How many months to sell inventory.)
Seller's Market = 1-2 months to sell inventory
Neutral Market = 3 months to sell inventory
Buyer's Market = 4+ months to sell inventory
The following page, My Market – inventory is a chart that shows active listing, sold listing, new listings and months of inventory on hand. Immediately following the graph is a monthly break down of all pertinent market information that goes back about 2 years.
This information tells us that we are in a “Sellers Market” or “Buyers Market” or somewhere in between. With this information in hand we together fashion our game plan, the plan that will assist you in selling your property fast, hassle free, and for the best price!
The Buyer/Seller Process
If you would like to see a complete overview of the Buyer/Seller process, click here.
Reality time: Can you save money selling your home yourself? Click here.
OK, why should I consider "Team Mr. Real Estate" to sell my home?
Where do buyers come from?