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Feeken Weekly Kenai Real Estate Market Update: June 3rd

June 5, 2013 By Glenda Feeken Leave a Comment

The Kenai & Soldotna Real Estate Week In Review

Kenai Real Estate Glenda Feeken and Jason FeekenThis 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 markets had a good week with eight home sales, one investment properties sale and no land sales.   The inventory of existing homes has grown with fifteen new single family home listings,  ten less than the prior week.  Soldotna property is selling well and the Kenai real estate market is surging with new listings.   The inventory of homes for sale continues to grow with an average of 407 homes listed in the area.  If you would like to be notified about new listings in your area check out our email listings alerts.

 

Homes For Sale: May 27th to June 2nd 2013

Homes For Sale:  last week 405,  this week 407

Number Of New Home Listing:  last week 25,  this week 25

Number Pending:  last week 16,  this week 12

Number Sold:  last week 12,  this week 8

Days On Market For Sold:  last week 81,  this week 127 days

Days On Market For Active:  last week 208,  this week 208 days

List Vs. Sales Price Ratio:  last week 97.50%,  this week 98.50%

Commercial and Multi-family: May 27th to June 2nd 2013

Investment Property For Sale:  last week 89,  this week 80

Number Of New Investment Listings:  last week 3,  this week 5

Number Pending:  last week 2,  this week 1

Number Sold:  last week 0,  this week 1

Days On Market For Sold:  last week N/A days,  this week 115 days

Days On Market For Active:  last week 297 days,  this week 321 days

List Vs. Sales Price Ratio:  last week N/A,  this week 81.22

Vacant Land: May 27th to June 2nd 2013

Land For Sale:  last week 925,  this week 924

Number Of New Land Listings:  last week 12,  this week 13

Number Pending:  last week 5,  this week 5

Number Sold:  last week 2,  this week 0

Average Days On Market For Sold:  last week 277 days,  this week N/A

Average Days On Market For Active:  last week 591 days,  this week 591

List Vs. Sales Price Ratio:  last week 96.00%,  this week N/A

 

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

 

Filed Under: Market Report Tagged With: Kenai Real Estate, Soldotna Real Estate

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About Glenda Feeken

27 years of experience selling Kenai Peninsula real estate. Loves straight talk and banks that respect the buyers and sellers closing date.

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Glenda Feeken, Jared Potter with RE/MAX of the Peninsula
10767 Kenai Spur Hwy Ste A, Kenai, AK 99611
Office: 907.283.5888 • Cell: 907.252.2743
Site: www.kenaihomes.com

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