The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.
Check out the latest market report for Wasilla
Check out the latest market report for Palmer
Check out the latest market report for Chugiak
Check out the latest market report for Eagle River
Check out the latest market report for Anchorage
Click here to see this week’s Altos Research video on: Housing Market Sees Unusual inventory Gains in November.
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