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Alaska State Overview

Capital: Juneau
Estimated 2004 population: 655,435
Change from 2000: +28,503
2004 housing units: 271,533
Housing units change from 2000-2004: +10,144

 

Top Alaska Cities
Anchorage | Barrow | Bethel | Fairbanks | Homer | Juneau | Kodiak | Nome | Petersburg | Sitka

 

Alaska Economy

Real estate prices drop 5.6% in Juneau

The Southeast Alaska Multiple Listing Service report reveals that residential real estate prices in Juneau have dropped 5.6% since last October. The average list price in October 2006 was about $334,000, while the average list price this month is $315,400.

The listing service shows the number of sales between January and September declined 17.6% this year compared to last. Homes also are taking about 29 days longer to sell than this time last year, from 86 days to 115.

Source: http://www.ktuu.com/Global/story.asp?S=7246899

Fairbanks Alaska real estate market is stable

The Fairbanks real estate market is staying stable, thanks to some important factors.

There is strength in the local economy, resulting in low vacancy rates and a healthy job market. Demand is strongest in residential properties selling at less than $200,000. But for sellers, competition is high in the $300,000 category as well, said Fairbanks North Star Borough Assessor Patrick Carlson.
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