2016 Recap of Anchorage Alaska Luxury Homes
Currently there are 16 Anchorage AK homes for sale in the Municipality of Anchorage, over $1M. Two homes received offers in January 2017, while 9 expired in 2016 most of which where in the summer months. There where 13 houses that found new owners in 2016. The statistics below show that Anchorage AK homes for sale, over $1M have have an inventory of 28.6 months, while in March 2016 there was 18.06 months. This number is calculated by taking the recent sales and dividing it by the number of active listings currently on the market. The basic theory is if no more Anchorage AK homes enter the market and sales remain steady, those Anchorage AK homes for sale, over $1M would exhaust the current inventory in 28.6 months.
The Anchorage AK homes for sale over $1M are in a challenging segment with regards to financing and down payment. The market needs an extremely healthy economy to sustain a fluid volume of buyers for this price point.