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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
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