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Market Update February

Market Update & Overview from February 25th – North Pole Single Family Residential
Market Update & Overview from February 25th – Fairbanks Single Family Residential

Looking at these market trends from February 25th, we are able to see compared to January that the number of pending homes has INCREASED.

With this increase in pendings, the months of inventory has DECREASED.

This tells us that more buyers are on the hunt, looking for homes and putting in offers. It also tells us that there is not enough inventory to match the demand. With this information we can see that it is a great time for sellers to enter the market to meet the demand before there is too much more competition. Summer tends to bring a rise in homes on the market here in the interior, trying to beat the wave of other listings can make your home stand out.

Give us a call if you want more information on timing your home going on the market & find out how to get ready!

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