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? Surging with spring. The Kenai & Soldotna real estate markets continue to ramp up for summer. New listing, pending and solds nearly doubled in volume from last week. 44 new home listings have come on in the last week alone. The inventory of homes is climbing as fast as my frustration with the continues snow and sleet.  The list price to sales price continues to hold strong above 97%. This is an improvement over many of our past selling seasons.  If you would like to be notified about new listings in your area check out our email listings alerts.

 

Residential Homes For Sale: April 15th to April 21st 2013

Homes For Sale: 359

Number Of New Home Listing: 44

Number Pending: 20

Number Sold: 18

Days On Market For Sold: 160 days

Days On Market For Active: 223 days

List Vs. Sales Price Ratio: 97.20%

Commercial and Multi-family: April 15th to April 21st 2013

Investment Property For Sale: 81

Number Of New Investment Listings: 2

Number Pending: 1

Number Sold: 0

Days On Market For Sold: N/A

Days On Market For Active: 369 days

List Vs. Sales Price Ratio: N/A

Vacant Land: April 8th to April 14th 2013

Land For Sale: 896

Number Of New Land Listings: 34

Number Pending: 8

Number Sold: 2

Average Days On Market For Sold: 562 days

Average Days On Market For Active: 596 days

List Vs. Sales Price Ratio: 81.89%

 

Looking For More Information?

Year End Market Report – Central Kenai Peninsula

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

FHA Loans More Expensive Than Expected For Kenai Home Buyers