The Kenai & Soldotna Real Estate Week In Review

This market snapshot was prepared for real estate and homes for sale in Kenai, Soldotna, North Kenai, Ridgeway, K-Beach, Sterling, Funny River, Kasilof and South of Soldotna.

 

How’s the market? The Kenai and Soldotna real estate market are on a upswing with nine home sales, no investment properties sale and three land sales.   The inventory of existing homes has surged with thirty new single family home listings over the last week. Almost half were in Soldotna with the remaining half split bewteen Kenai and Kasilof.  The inventory of homes for sale continues to grow with an average of 398 homes listed in the area.  If you would like to be notified about new listings in your area check out our email listings alerts.

 

Residential Homes For Sale: May 13th to May 19th 2013

Homes For Sale:  last week 375,  this week 398

Number Of New Home Listing:  last week 14,  this week 30

Number Pending:  last week 10,  this week 7

Number Sold:  last week 7,  this week 9

Days On Market For Sold:  last week 70,  this week 129 days

Days On Market For Active:  last week 218,  this week 211 days

List Vs. Sales Price Ratio:  last week 96.25%,  this week 94.47%

Commercial and Multi-family: May 13th to May 19th 2013

Investment Property For Sale:  last week 86,  this week 88

Number Of New Investment Listings:  last week 3,  this week 2

Number Pending:  last week 2,  this week 0

Number Sold:  last week 1,  this week 0

Days On Market For Sold:  last week 28 days,  this week N/A days

Days On Market For Active:  last week 313 days,  this week 312 days

List Vs. Sales Price Ratio:  last week 100%,  this week N/A

Vacant Land: May 13th to May 19th 2013

Land For Sale:  last week 918,  this week 926

Number Of New Land Listings:  last week 9,  this week 7

Number Pending:  last week 4,  this week 1

Number Sold:  last week 1,  this week 3

Average Days On Market For Sold:  last week 198 days,  this week 197

Average Days On Market For Active:  last week 585 days,  this week 588

List Vs. Sales Price Ratio:  last week 100%,  this week 85.22%

 

Information is deemed to be reliable, but is not guaranteed.

 

Looking For More Information?

First Quarter 2013 Market Comparison: Kenai & Soldotna Area Real Estate Market Report

Central Kenai Peninsula Real Estate 2012 Market Report: Ten Year Comparison Report

FHA Loans More Expensive Than Expected For Kenai Home Buyers

The Overdue Reality Check For Kenai River Real Estate

 

Sold

Area	Last Year	This Year	PCT
North Kenai	14	10	-28
Kenai	14	23	64
Kalifornsky Beach	24	15	-37
S of Soldotna	2	4	100
Kasilof	2	9	350
Clam Gulch	1	1	0
Soldotna	9	17	88
Ridgeway	11	8	-27
Sterling	8	22	175
Funny River	6	5	-16
Residential Totals:	91	114	25

Average Sales Price

Area	Last Year	This Year	PCT
North Kenai	157,657	184,702	17
Kenai	176,521	215,600	22
Kalifornsky Beach	205,838	229,810	11
S of Soldotna	122,500	197,875	61
Kasilof	72,500	113,856	57
Clam Gulch	70,000	140,000	100
Soldotna	298,217	261,059	-12
Ridgeway	280,591	208,835	-25
Sterling	182,500	194,768	6
Funny River	324,333	130,380	-59
Residential Totals:	211,594	203,988	-3

All information is deemed reliable, but is not guaranteed. Interested parties are advised to independently verify all information contained herein. © 2013 MLS and FBS.

The Kenai & Soldotna Area Real Estate Week In Review

This market snapshot was prepared for real estate and homes for sale in Kenai, Soldotna, North Kenai, Ridgeway, K-Beach, Sterling, Funny River, Kasilof and South of Soldotna.

 

How’s the market? The Kenai and Soldotna real estate market cooled slight from the prior week with seven home sales, one investment properties sale and one land sale.  The year is off to strong start and I will dive into more detail in another post about a comparison of the real estate market for the first four months in 2013 compared to 2012.  The inventory of homes for sale continues to grow with fourteen new listings for an average of 375 homes listed in the area.  If you would like to be notified about new listings in your area check out our email listings alerts.

 

Residential Homes For Sale: May 6th to May 12th 2013

Homes For Sale:  last week 369,  this week 375

Number Of New Home Listing:  last week 15,  this week 14

Number Pending:  last week 11,  this week 10

Number Sold:  last week 8,  this week 7

Days On Market For Sold:  last week 83,  this week70 days

Days On Market For Active:  last week 219,  this week 218 days

List Vs. Sales Price Ratio:  last week 98.35%,  this week 96.28%

Commercial and Multi-family: May 6th to May 12th 2013

Investment Property For Sale:  last week 71,  this week 86

Number Of New Investment Listings:  last week 0,  this week 3

Number Pending:  last week 0,  this week 2

Number Sold:  last week 2,  this week 1

Days On Market For Sold:  last week 336 days,  this week 28 days

Days On Market For Active:  last week 375 days,  this week 313 days

List Vs. Sales Price Ratio:  last week 79.26%,  this week 100%

Vacant Land: May 6th to May 12th 2013

Land For Sale:  last week 914,  this week 918

Number Of New Land Listings:  last week 26,  this week 9

Number Pending:  last week 4,  this week 4

Number Sold:  last week 4,  this week 1

Average Days On Market For Sold:  last week 169 days,  this week 198

Average Days On Market For Active:  last week 580 days,  this week 585

List Vs. Sales Price Ratio:  last week 83.45%,  this week 100%

 

Looking For More Information?

First Quarter 2013 Market Comparison: Kenai & Soldotna Area Real Estate Market Report

Central Kenai Peninsula Real Estate 2012 Market Report: Ten Year Comparison Report

FHA Loans More Expensive Than Expected For Kenai Home Buyers

The Overdue Reality Check For Kenai River Real Estate