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? Good. The Kenai & Soldotna real estate markets continue to heat up as the weather improves.  The inventory of homes is climbing from it’s winter slump as folks thaw out and decide to list their properties.  Interestingly the number of sales for this week in 2013 compared to sales the same week last year are comparable but the available residential home inventory is down roughly 16%.  Investment, commercial and vacant land listings are all up. 

Residential Homes For Sale: April 8th to April 14th 2013

Homes For Sale: 348

Number Of New Home Listing: 17

Number Pending: 10

Number Sold: 11

Days On Market For Sold: 206 days

Days On Market For Active: 231 days

List Vs. Sales Price Ratio: 98.45%

Commercial and Multi-family: April 8th to April 14th 2013

Investment Property For Sale: 81

Number Of New Investment Listings: 0

Number Pending: 0

Number Sold: 0

Days On Market For Sold: N/A

Days On Market For Active: 342 days

List Vs. Sales Price Ratio: N/A

Vacant Land: April 8th to April 14th 2013

Land For Sale: 889

Number Of New Land Listings: 20

Number Pending: 4

Number Sold: 1

Average Days On Market For Sold: 1,030 days

Average Days On Market For Active: 594 days

List Vs. Sales Price Ratio: 80.95%

 

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