January Market Update From Dave & Travis!

by David Johnson

Before we jump into the market update, I wanted to share a quick personal note from last week. Last August my left shoulder started hurting. Had x-rays and MRI but nothing evident. My doctor suggested I get an MRI of my neck and holy moly we have a problem. It's called cervical stenosis or I had some discs that were rubbing up against my spinal column. My wife Karen had a knee replacement coming up so we scheduled my surgery for 1/22/26 when hopefully Karen would be able to take care of me a bit.
You have to jump through some hoops but I had the C-7 to C-4 cervical disc overhaul and fusion, I’m happy to report the surgery went well. I spent the night at Mat-Su Regional and was able to head home shortly after.
 
Huge thanks to my surgeon and the entire Mat-Su Regional team, they truly did a fantastic job. Karen and I have had several procedures there in the last couple of years, and once again the care was professional, efficient, and reassuring.

I’ll be in a neck brace for about four weeks, but the goal is to be golfing again in roughly three months . I’m incredibly grateful for a wife who prays for me, takes great care of me, and somehow still puts up with this old guy. Karen is doing well with her own recovery too we’ve been taking turns nursing each other, which keeps things interesting . Two winters in a row dealing with surgeries hasn’t been fun, so we’re really hoping next winter is pain-free for both of us.

Travis has been handling things on the work side while I recover, and I don’t expect to lose much time there at all. Now its 11 days post surgery and I am back to work at least part time. Feel free to reach out!
 

January 2026 Mat-Su Valley Market Update
 
Now let’s take a look at what’s happening in the Mat-Su Valley as we head into 2026.

Active vs Pending Listings
• 229 active listings
• 144 pending sales
• 63% pending-to-active ratio

What this means:
A ratio above 60% tells us buyers are still active and serious. Homes that are priced right and well prepared are continuing to move. INVENTORY REMAINS LOW AND STILL NOT EVEN CLOSE TO "NORMAL" 2019.
 
 
Number of Sales
• 70 closed sales so far in January
• Lower than last year, but very consistent with several pre-boom years

What this means:
Buyers haven’t disappeared they’re just being more selective. Well-positioned homes are still selling.

Average Sales Price
• $477,000 average sales price
• Slightly lower than January 2025, but still well above pre-2022 levels

 For sellers:
Prices have stabilized, not dropped off. Correct pricing is key, but values remain strong.

For buyers:
This market offers more balance than we’ve seen in years less competition and more opportunity to negotiate.
 

 
New Construction vs Existing Homes
 

Existing homes:
145 active | 89 pending
Avg days on market: 73
Avg price: $402,000

New construction:
 83 active | 57 pending
 Avg days on market: 50
Avg price: $513,000

What this means:
New construction continues to move faster at higher price points, while existing homes often provide better value and flexibility for buyers.
 
We’re in a more balanced, healthier market  not the frenzy of 2021, but not a slowdown either.
For buyers: more choices and more leverage.
For sellers: preparation and pricing matter more than ever.

If you’re thinking about buying, selling, or building or just want to talk through the numbers Travis and I are always happy to help.
 
Whether you're buying, selling, or just planning ahead, now’s a great time to chat about your options — I’m here if you need a strategy that fits your goals!
 

LET US BE YOUR TRUSTED GUIDE

Call or text Dave now at 907-863-7289
Call or text Travis now at 907-575-6779

davesalaskahomes@gmail.com

http://www.DavesAlaskaHomes. com

 
 
David Johnson

David Johnson

Broker Associate | License ID: 15839

+1(907) 863-7289

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