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 real estate & Soldotna home markets held their own this week with eight home sales, two investment properties sales and four land sales.  The number of homes sold from the January 1st to May 7th is up twenty eight percent over last year.  The majority of the gains were made in January and February with nearly identical sales volumes in March and April.  The inventory of homes for sale continues to grow with fifteen new listings for an average of 369 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: April 29th to May 5th 2013

Homes For Sale: 369

Number Of New Home Listing: 15

Number Pending: 11

Number Sold: 8

Days On Market For Sold: 83 days

Days On Market For Active: 219 days

List Vs. Sales Price Ratio: 98.35%

Commercial and Multi-family: April 29th to May 5th 2013

Investment Property For Sale: 71

Number Of New Investment Listings: 0

Number Pending: 0

Number Sold: 2

Days On Market For Sold: 336 days

Days On Market For Active: 375 days

List Vs. Sales Price Ratio: 79.26%

Vacant Land: April 29th to May 5th 2013

Land For Sale: 914

Number Of New Land Listings: 26

Number Pending: 4

Number Sold: 4

Average Days On Market For Sold: 169 days

Average Days On Market For Active: 580 days

List Vs. Sales Price Ratio: 83.45%

 

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