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 markets had a impressive week with twelve home sales, no investment properties sale and two land sales.   The inventory of existing homes has surged with twenty five new single family home listings, nearly as much as the thirty homes listed the prior week.  Now is a great time to shop for a home. The selection is great and the snow is gone.   The inventory of homes for sale continues to grow with an average of 405 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 20th to May 26th 2013

Homes For Sale:  last week 398,  this week 405

Number Of New Home Listing:  last week 30,  this week 25

Number Pending:  last week 7,  this week 16

Number Sold:  last week 9,  this week 12

Days On Market For Sold:  last week 129,  this week 81 days

Days On Market For Active:  last week 211,  this week 208 days

List Vs. Sales Price Ratio:  last week 94.47%,  this week 97.50%

Commercial and Multi-family: May 20th to May 26th 2013

Investment Property For Sale:  last week 88,  this week 89

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

Number Pending:  last week 0,  this week 2

Number Sold:  last week 0,  this week 0

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

Days On Market For Active:  last week 312 days,  this week 297 days

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

Vacant Land: May 20th to May 26th 2013

Land For Sale:  last week 926,  this week 925

Number Of New Land Listings:  last week 7,  this week 12

Number Pending:  last week 1,  this week 5

Number Sold:  last week 3,  this week 2

Average Days On Market For Sold:  last week 197 days,  this week 277

Average Days On Market For Active:  last week 588 days,  this week 591

List Vs. Sales Price Ratio:  last week 85.22%,  this week 96.00%

 

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