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