Sunday, June 10, 2007

Mid Year Real Estate Report Wasilla Alaska

The residential market is down 27% compared to this same time last year. That means that 27% fewer homes are selling as compared to last year at this time AND only 41% of all the homes coming on the market since the beginning of the year have sold. The good news is that we (Kristan Cole Team) are selling more homes this year than we did last year, so at you have the best chance of selling if you are listed with us.

Year to date comparisons from last year same time:

Residential down 27%
Land down 53%
Commercial down 12%
Multi Family down 49%

What percentage of properties that were listed this year has sold?
Residential 41%
Land 20%
Commercial 14%
Multi family 25%

Home many properties are on the market now?
Residential 903 (about 50 more than last month)
Land 922
Multi family 89
Commercial 81

Average number of days on the market for homes that have sold: 95 days

The most important advertising we are involved with is on the internet. We know 78% (National Association of Realtors statistic) of all buyers start their search and ultimately find their home by using the internet. Our web site is attracting great buyers for our homes and our sellers. Here are some statistics about how powerful our web site is. FACT: 60% of all of our buyers that purchased a home in the month of May came to us from the internet.

Kristan Cole Team WEB SITE TRACKING:
Average views: per day 1051 and 26, 593 per month

Kristan’s Visual Tours
Average number of times our active tours have been viewed per property 86
Average number of views per week of different properties 338

Kristan’s site
Average views per day 525 and 15,750 per month

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