Saturday, May 13, 2006

Homes by Email

No need to contact a real estate licensee to get daily reports of homes for any profile you specify, straight to your Email inbox. Use this link.

For full property searches, virtual tours and many other Anchorage real estate resources, visit RealS8.com.

Quick and Easy MLS Access

Find all the MLS listings in one place, no hassle access. The same database, the same listings, that all the real estate licensees work from. Use this link.

For full property searches, virtual tours and many other Anchorage real estate resources, visit RealS8.com.

Unrepresented Owner?

Trying to sell a property without professional representation? (FSBO) Please a free web ad, with no licensee involvement or representation. Buyers will contact you directly. Use this link.

For full property searches, virtual tours and many other Anchorage real estate resources, visit RealS8.com.

Free Home Sale Preparation

If you are planning a home sale anytime soon, get the free web-based presentation to prepare you for the process. You can also order the CD version, with many interactive features. Use the links at the top of this page at RealS8.com.

For full property searches, virtual tours and many other Anchorage real estate resources, visit RealS8.com.

What's My Home Worth?

Get an analysis of your home's worth e-mailed to your in-box, without even the need to call me, or any real estate licensee. Use this link.

For full property searches, virtual tours and many other Anchorage real estate resources, visit RealS8.com.

MLS Annual Statistics Posted

MLS came out with its annual market statistics for 2005 this week. While none of the market-wide reports carry any big surprises, there are some factoids deeper in the data I found interesting:
  • The average selling price of the 132 new and existing homes in the south part of Hillside last year was almost $550,000. This represents a whopping 16.2% price increase over 2004 and 34.8% above the end of 2003.
  • The average time on market for a resale home, or a condo, in Anchorage was only 32 days, the shortest in 11 years. (In 1994 the average was 71 days for houses, 106 days for condos.)
  • Existing homes in Anchorage posted a 13.0% gain, compared with 17.3% for new construction. This reflects the increasing shortage of buildable home sites, and dramatic increases on the cost of construction materials. The blended rate of increase of both existing and new homes, 3261 sales, was 12.51%.
  • There were 11 homes sale reports over $1 million, compared with seven in 2004. Three of the 2005 million dollar homes were new construction; only one was in 2004.
  • Seven percent of the 3261 homes sold in 2005 were above $500,000. The year before the proporation of half-million dollar homes was only 4.52% of sales. Five years ago, in the year 2000, only 2.3% of homes sold were priced above even $400,000, the top price bracket that MLS tracked before 2004.
  • New construction condo sales surged to an average selling price over $200,000 for the first time in history. The average was influenced by the construction and sale of 39 new condos in several projects downtown with an average selling price of nearly $354,000.
  • With the advent of site condo construction in 2001, MLS has reported between 411 and 471 new construction condo sales per year until last year. Suddenly the total last year jumped to 577 new units.
  • The gap between last price an existing home sold for and its listed price at the time last year was 1.0% compared with 1.5% in 2004.

For full property searches, virtual tours and many other Anchorage real estate resources, visit RealS8.com.