August 2025 Market Insights for Anchorage & Beyond


Anchorage Market Report - August 2025

Alaska, as a whole, has a seasonal market that shifts from summer to winter, with many more transactions occurring in the summer months than in the winter. We still see sales take place, just fewer sellers and buyers transacting during the winter. That hasn't changed over the years, but whether it's a buyer's or seller's market does change in response to the economy.

As of August 2025, the market is in transition. Inventory is slowly growing while prices are modestly expanding. However, the sales volume is nearly identical between August 2024 and August 2025.

Where Homes Are Selling Fast vs. Slow: Considering Days on Market (DoM), which is an…

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Steady and Strategic: Anchorage Market Snapshot

Anchorage Market Update – July 2025

Anchorage’s real estate market continues to defy national headlines. While major markets across the U.S. report rising inventory, slowed sales, and pricing pullbacks, our local market is showing resilience, measured growth, and tight supply. Despite higher rates and buyer hesitation elsewhere, Anchorage is quietly advancing, stable, active, and outperforming many national trends.

July data shows median residential sale prices in Anchorage reached $402,500, up from $383,000 last year, a healthy 5.1 percent increase year over year. The total number of sold listings climbed to 1,629 for the year to date, a 2.8 percent rise from the same period in 2024. Sales…

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There are a lot of factors to consider when putting your home up on the market, and we want you to be informed to make the best possible decision. We have an abundance of resources to help you along the way, so you can put your best foot forward in selling your home. Here are some tips to get started: 

Sell Your Home with a Professional

Our tried and true marketing plan will take the guesswork out of selling your home.

See What's on The Market

Use the search tools on this site to get an idea of the competition.

Comparative Market Analysis 

This is how real estate agents determine the market value of your home before they get it on the market.

When to Get a Home Inspection

When working with sellers, one of the things we advice…

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Written by Matthew Lindsay 

As many of you may have heard, the current market is going crazy! Homes are being sold for more than their asking price, at faster rates, and at higher volumes than ever before.

If you’re a buyer, the likelihood of you competing with other offers is much higher than previous years. However, sellers are getting multiple offers, demanding a premium, and not offering many of the traditional concessions that have been seen in the past. With how hot the market has been, we have even seen buyers willing to bring cash to the table above what the appraised value is.


Pricing

The graph below indicates that this time last year, sellers were only getting about 97% of their list price. Today, most sellers are taking their full…

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I have always had huge goals -- goals so big that people would laugh when they heard them. I just smile, put my head down, put the work in, and keep building and expanding.

My vision for Precision is an international brand with franchises all over the US and around the world. We will build off of cutting edge technology, agent focused training, a culture that demands excellence and the highest levels of professionalism, and a focus on making sure our clients win!

I started in real estate at Keller Williams for a brief period, then moved to RE/MAX before launching Precision Real Estate. Working for those two totally different brokerages allowed me to see how they were built out, how they scaled, how they seeked to dominate their niche of the…

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 Anchorage Alaska Best Homes

 

You can’t find huge contemporary mansions with swimming pools, multiple wings and expansive gardens in Alaska, like you would see in Los Angeles. Alaska’s got its own unique style in culture, activities, people. Why not, homes?!

Although most Alaskan homes were built between the 70s and 80s, the real estate market has been expanding in the last few years. Homeowners, flippers and especially builders have been slowly redefining styles in the traditional Alaskan homes. You may have seen some of them around town: Spinell Homes, Hultquist Homes, Hall Quality Homes, Visser Construction, and so many more. These builders have definitely helped pave the way Alaskans live with beautiful home features and design.

Home buyers now have more options…

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All too often, realtors use jargon that the average person isn't familiar with. The term “CMA” is one of those terms you may have heard, but wasn’t sure what it meant. CMA stands for Comparable Market Analysis. This is how real estate agents determine the market value of your home before they get it on the market.

Real estate agents come up with these values through research of your home’s location, comparable properties and the market. Unlike most commercial properties, whose value is determined by income, residential properties take a different approach.

There is a difference between “tax assessed value” and “market value.” Tax assessed value is what you pay taxes on and, depending on where you live, can be above or below market value.…

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When working with sellers, one of the things we advise is to get a home inspection done before getting the home on the market. Now, typically this is a cost that a buyer would incur during a home sale transaction, but there are several reasons why a seller would want to do this.

During a home inspection a licensed home inspector will meticulously check out the entire home from foundation to roof. They provide a report, typically next day, with complete recommended repair items with thorough pictures and descriptions. These reports are usually broken into three categories: health and life safety, significant repairs, and recommended repairs. By getting the home inspection before you get it on the market it allows home buyers to be at ease,…

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“We Can't Sell During the Winter”

 

I talk to people everyday about buying and selling homes. This is one of the most common objections and myths I hear, from about August until March. Alaska is a very seasonal place and things typically slow down during the winter. Many people think the same is true for the real estate market. But is it really?

Currently, it is mid September as I write this, and already people are talking about shorter days and colder nights. I hear of people taking their homes off the market because their friends, neighbors and self-proclaimed experts are telling them to do so. But, here are some facts:

  • Active Homes on the Market= 952

  • Homes with Accepted Offers = 451

  • Closed Homes Since Sept.1 = 52

  • Closed Homes Since Aug. 1 =…

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There is a lot of mystery surrounding the sale of a home. Many people don't know what happens after they accept an offer and before the transaction closes. Some are only concerned with what it is going to cost. Here we are going to lay out the timeline and explain exactly what happens. Keep in mind, there are going to be some slight changes depending where you are located and other transaction specifics. Ask a local realtor for the specifics, or contact Precision Home Group and we will make sure you get set up with the best Realtors in your area.

 

Accept an Offer

In order to start the process, we need to have an Accepted Purchase and Sale Agreement between you and the buyer. This can be stressful and take some time. I've seen…

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