Kenai Peninsula Stats
The Kenai Peninsula real estate market has been fairly active. 2005 & 2006 were our two busiest years and then things slowed down in April of 2007. On the negative side the number of solds declined in 2007 & 2008 and we have seen a slow down in Kenai River & Cook Inlet bluff property. On the positve side the Days on the Market are going down and the Average/Median price of a home is going up.
With the current low interest rates I am expecting the number of solds in 2009 to increase and the Average/Median price continue to go up.
Most of these statistics come from the Mulitple Listing Service and cover the Central Peninsula area only. Give me a call or email if you would like to discuss these statistics or have me provide others.
Dale Bagley (907) 262-8855 ext 24 dale@redoubtrealty.com
Here are some interesting foreclosue statistics provided by Aaron Swanson at Residential Mortgage.
CENTRAL PENINSULA STATISTICS FOR RESIDENTIAL & LAND
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In 2008 the average sales price of a house increased by 4% and the Median Price increase by 11% |
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The boom period of 2005 & 2006 carried over into the first 3 months of 2007 making it look a lot better than 2008 |
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Land prices really spiked up in 2008, due to several large land sales |
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| Days on the Market (DOM) continued to go down which is good, however the number of land sales decreased in 2008 |
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| You can use this chart to compare the different areas with the Central Peninsula average |  |
RESIDENTIAL & LAND STATISTICS BY MONTH
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| 2008 Monthly Residential Statistics | 2007 Monthly Residential Statistics |
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| 2008 Monthy Land Statistics | 2007 Monthly Land Statistics |
RESIDENTIAL SALES BY AREA
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| Nikiski Average & Median Price | Nikiski Solds & DOM |
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| Kenai Average & Median Price | Kenai Solds & DOM |
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| K-Beach Average & Median Price | K-Beach Solds & DOM |
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| S. Soldotna Average & Median Price | S. Soldotna Solds & DOM |
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| Kasilof, Cohoe, & Clam Gulch Average & Median Price |
Kasilof, Cohoe, & Clam Gulch Solds & DOM |
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| Soldotna Average & Median Price | Soldotna Solds & DOM |
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| Ridgeway Average & Median Price | Ridgeway Solds & DOM |
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| Sterling Average & Median Price | Sterling Solds & DOM |
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| Funny River Average & Median Price | Funny River Solds & DOM |