Market Momentum Is Back – And So Are We! April 2025 Update from Dave & Travis!

I hope you’re enjoying the slow arrival of spring. Personally, I’m feeling grateful—Karen drove to work for the first time in 3 months (huge milestone!). I’ve been driving her to work each day which I really kinda enjoyed it (and got me to work earlier). This Saturday, I’m heading out to see the grandkids, but before I go, I wanted to share a few thoughts on where our local real estate market is heading. Because despite a slow winter, things are shifting—and fast.

 

 

From January through April, we’ve seen signs of real momentum building back. Inventory remains tight, and demand is clearly still strong:

• MAT-SU Valley “Core Area” homes are averaging $440K — up from $412,000 at the end of 2024. I have been tracking this for years and its the first time the average sales price came up this quickly!
• While active's (inventory) is up a little bit in 2025 compared to 2024, it is still quite low compared to "normal" in 2019 (522). Nationwide I have heard that inventory is up around 30% from 2024 but sure not the case hereI really don't see a big flood of inventory coming and expect prices to keep increasing because..
• Pending sales (demand) are nearly equal to active listings (92% ratio in April) with 257 vs 247 in 2024. Check out the ratios between active & pending sales which tells a story I think!
• New construction is holding strong at 32% of inventory, 36% of current pendings, and closed at 25% with average sales close to $496K.

• Buyers: You’ll want to be ready. With more homes going under contract quickly, the best ones don’t sit long. I can help you prep and act fast.
• Sellers: Inventory remains low. If you’re thinking about listing, this is a great time to do so with minimal competition and strong prices.
• Investors/New Builders: New construction is a key piece of our market right now, and demand is steady.

 

Good news if you’ve been on the sidelines waiting for rates to ease up—mortgage rates

just hit their lowest point of the year (then went back up!!). I think the trend will still be going down but it will likely be slow.

After hovering above 7% earlier this year, average mortgage rates are now sitting in the mid-6’s—a level experts didn’t expect to see until later this year. That dip might just make buying a home a lot more affordable than it was just a few weeks ago.

Uncertainty in the economy and new trade policies have helped push rates down, according to the Mortgage Bankers Association. While the drop could be temporary, this could be a great window of opportunity if you're ready to make a move.

Let’s talk real numbers: On a $400K loan, dropping from 7.04% to the current rate could save you over $100 per month on your mortgage. That’s real money back in your pocket—every month.

 

Rates Can Be Volatile—Don’t Miss the Moment Rates move fast, and this dip may not last. If buying a home has been on your mind, now might be your moment to jump in before things shift again. Want to run the numbers together? I’m here to help you figure out what this means for your budget and home search. Let’s chat

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Now offered is this 10 acre parcel in a great location off Willow Fishhook with power right there and good maintained access.

 

Check out our Beautiful Listings at https://davesalaskahomes.com/featured-listing
Search for homes easily at https://davesalaskahomes.com/listing
Get your home’s estimated value instantly at https://davesalaskahomes.com/evaluation

If you or anyone you know has ANY thoughts of buying or selling real estate, lets connect to talk about the opportunities available in our market and how to reach 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