This market snapshot was prepared by Glenda Feeken and Jason Feeken 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 sunshine and good weather has not slowed the Kenai and Soldotna real estate markets. The new listings, pending and sales have held at a steady level for the past three weeks.   The inventory of existing homes has grown with thirty one new single family home listings,  ten more than the prior week.  Four vacant lots sold with an average day on market for 266 days.  Selling land is definitely a long game.   The inventory of homes for sale continues to grow with an average of 427 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: June 3rd to June 9th 2013

Homes For Sale:  last week 407,  this week 426

Number Of New Home Listing:  last week 25,  this week 31

Number Pending:  last week 12,  this week 11

Number Sold:  last week 8,  this week 8

Days On Market For Sold:  last week 127,  this week 71 days

Days On Market For Active:  last week 208,  this week 201 days

List Vs. Sales Price Ratio:  last week 98.50%,  this week 98.29%

Commercial and Multi-Family: June 3rd to June 9th 2013

Investment Property For Sale:  last week 80,  this week 96

Number Of New Investment Listings:  last week 5,  this week 4

Number Pending:  last week 1,  this week 0

Number Sold:  last week 1,  this week 0

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

Days On Market For Active:  last week 321 days,  this week 288 days

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

Vacant Land: June 3rd to June 9th 2013

Land For Sale:  last week 924,  this week 928

Number Of New Land Listings:  last week 13,  this week 16

Number Pending:  last week 5,  this week 8

Number Sold:  last week 0,  this week 4

Average Days On Market For Sold:  last week N/A days,  this week 266 days

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

List Vs. Sales Price Ratio:  last week N/A,  this week 87.19%

 

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