New & Existing Homes; End-of-Month Market Snapshot from Dave and Travis!

As October wraps up, Travis and I wanted to share a quick look at what’s happening across the Mat-Su Valley  both for new construction and existing homes.

 

Here’s what we’re seeing:
350 total active listings - about 72% existing homes and 28% new construction
222 pending sales - steady demand with 63% pending-to-active ratio overall
Average days on market: 39 days
Average sales price: $451,915 valley-wide
Existing homes averaging $438,169
New construction averaging $500,914

New builds continue to attract buyers who want modern layouts and energy efficiency, while resale homes that are priced right and well-maintained are still moving quickly.

Overall, we’re seeing a balanced fall market  steady activity, fair pricing, and plenty of opportunity heading into the winter months.

 

 

You can see from the chart below how things have shifted over the last few years.
Back in 2019, there were a lot of homes sitting on the market  over 550 listings and only about 330 under contract. Then came 2020 and 2021, when things went crazy. Demand more than doubled supply, and just about everything that hit the market sold right away.

Fast-forward to today  October 2025 and things have finally evened out. We’ve got 350 active listings and 222 pending, which is a healthy balance.

 

Homes are still selling, but buyers have a little more room to breathe. It’s not the wild race of 2021 anymore, and that’s a good thing for everyone.

 

The total number of homes sold each year peaked in 2021 at over 1,600 sales. That was the busiest we’ve ever seen it.
Sales slowed down in 2023 and 2024 as interest rates jumped, but this year we’re climbing back up  around 1,349 homes sold so far.

 For sellers: there are still plenty of buyers out there. Pricing right and showing your home well still gets great results.
 For buyers: this is a much calmer market than we’ve had in a while  fewer bidding wars and more chances to find the right home.

 

Prices Over Time
Here’s the part most people love to see  values.
Back in 2019, the average Valley home sold for about $285,000. Today, we’re sitting at around $451,915. That’s steady growth year after year.

 For homeowners, that’s great equity growth.
 For buyers, it shows Alaska real estate continues to be a strong long-term investment  people want to live here, and that keeps our market solid.

 

All in all, the Valley market feels steady and healthy  not too hot, not too cold. Whether you’re thinking of buying, selling, or even building, it’s a good time to talk through your options and see what makes sense for you.

 

Whether you’re thinking of buying or selling, now’s a great time to review your home’s value or explore new opportunities before the year ends.

Let’s talk about your next move or connect you with one of our trusted local lenders to explore your options.

 

 

 

This story started when the seller moved to the Mat-Su area in mid-December.
We connected around the start of the year, talking through home values and
the selling process. Their goal was clear: sell their 4-plex, build a new home
on their property, and become debt-free. A great vision!

By March, they decided to try selling For Sale By Owner (FSBO). I offered a
few tips for their ad and told them I’d be happy to help if needed. About a
month later, they realized selling a 4-plex wasn’t as simple as it looked and
decided to list with us.

We went live on April 30. The first offer came in on May 14, but contingencies
held it back. The second offer, on June 17, stuck and we moved forward!
There were a few repairs negotiated, mainly in one vacant unit that needed
new carpet and some touch-ups. The appraisal came in at value “as-is,” and
the well and septic tests passed with flying colors. We even got a new as-built
survey completed.

Everything was smooth… until three days before closing. Out of nowhere, the
lender declined the buyer’s loan with no clear explanation. The buyer was
frustrated, and the seller was devastated ready to give up and wait until next
year. But something didn’t feel right. I encouraged everyone to seek a second
opinion, and that’s when Lucas Adams with Motto Mortgage stepped in.

Within just over a week, he got the deal approved and closed!
Now, the seller is full steam ahead building their new home, and the buyer
owns his second 4-plex. Another reminder that persistence and teamwork
make all the difference!

 

Whether you’re thinking of selling while prices are high or jumping in before rates or inventory shift again — now is the time to act. The Mat-Su markets are moving, and we’re here to help you navigate

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