Market Update

Here is a market update for closed homes comparing 2015 to 2014 so far on the Kenai Peninsula. The graph below includes Kenai, North Kenai, K-beach, Soldotna, South of Soldotna, Kasilof, Ridgeway, Sterling and Funny River.

Residential
Total Active
Agent Days on Market
Number Sold
Sold Volume
Average Sale Price
Area
Last Year
This Year
PCT
Last Year
This Year
PCT
Last Year
This Year
PCT
Last Year
This Year
PCT
Last Year
This Year
PCT
300 – North Kenai
91
91
0
348
188
-45
22
18
-18
4,357,500
2,201,354
-49
198,068
  122,297
-38
305 – Kenai
107
127
+18
173
95
-45
35
46
+31
6,927,421
10,112,527
+45
197,926
  219,838
+11
310 – Kalifornsky Beach
138
126
-8
217
144
-33
53
55
+3
12,229,176
13,442,259
+9
230,739
  244,405
+5
315 – S of Soldotna
21
24
+14
197
116
-41
6
5
-16
941,000
1,163,900
+23
156,833
  232,780
+48
320 – Kasilof
66
73
+10
274
164
-40
11
14
+27
1,693,707
1,891,000
+11
153,973
  135,071
-12
330 – Soldotna
60
86
+43
144
104
-27
28
25
-10
7,138,900
7,589,300
+6
254,961
  303,572
+19
335 – Ridgeway
80
56
-30
230
189
-17
10
22
+120
1,692,700
6,737,900
+298
169,270
  306,268
+80
340 – Sterling
133
130
-2
247
133
-46
32
28
-12
7,882,080
6,799,141
-13
246,315
  242,826
-1
345 – Funny River
43
52
+20
483
270
-44
6
2
-66
1,259,000
547,000
-56
209,833
  273,500
+30
Residential Totals:
739
765
+3
248
148
-40
203
215
+5
44,121,484
50,484,381
+14
218,324
  235,303
+7
Grand
Totals
739
765
+4
248
148
-40
203
215
+6
44,121,484
50,484,381
+14
218,324
  235,303
+8

The graph above shows that the market over the past six months has increased some. It also shows that the typical days on market are somewhat lower. Soldotna and south of Soldotna have had fewer houses sold in the last six months compared to last year but Ridgeway, Kenai and Kasilof have had good increases in number sold.

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Bronco and Dublin Episode 4: The buying process

  Bronco and Dublin going through the buying process in Kenai Alaska. They love to teach people what it takes to buy a home in Alaska.  They get to meet with a lender from Kenai Alaska and also a home inspector.

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