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Updated about 2 years ago on . Most recent reply

User Stats

223
Posts
177
Votes
Keenan Fitzpatrick
  • Flipper/Rehabber
  • Anchorage, AK
177
Votes |
223
Posts

2019-Present: Anchorage Residential Residential Inventory and Sold Units Trend

Keenan Fitzpatrick
  • Flipper/Rehabber
  • Anchorage, AK
Posted

We all learned in Economics 101 that price is a function of supply and demand. Too many homes on the market, and prices start to come down. Not enough homes on the market, and prices start to creep up. Home prices, though, are a lagging indicator. They're the result of changes in supply and demand.

Tracking the supply and demand of housing in our local areas lets us have a peek into the future, then. We can see trends before prices start to be affected.

Residential Units Sold5-year TrendResidential Inventory5-year Trend

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