“Slim pickings would be a really good description of what the likely inventory levels are going to be next year,” Anchorage Economic Development Corporation CEO and President Bill Popp said.
ANCHORAGE, Alaska - When it comes to buying a home in Alaska, the odds are good but the goods are odd.
“2022 was a big year for housing in terms of the price of homes sold in Anchorage,” Popp said. “It was north of $450,000 was the average price for the year, close to $460,000.″ “But we also saw it soften towards the end of the year,” Popp said. “While we got really tight inventory, prices were no longer being bid up dramatically and were coming in being sold for pretty much what they were being asked for. So it still remains a seller’s market though at the end of 2022.”
“Sellers have got something that people want, and can get their price as long as they are being smart at what they are pricing their house at,” Popp said. “That means that prices remain strong, and we’re probably not going to see those prices going down in 2023.”
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