What is the current average SALE price per square foot right now for a single family home / ZLL / Condo?

CRSouser
Home Buyer
99502

I am looking and several homes in MLS and other locations and see homes with different costs per square feet. Seemly at least for the 150-$250k range the average is in the somewhere hovering around $155-170 p/sqft. Then I see some homes in similar or same neighborhoods/locations asking for $180-$195 p/sqft. Are these homes tending to sell in that range or are they falling into the market average when they actually finally sell.

Answers (1)
Beth Fread
Agent
Matanuska-susitna Co...
FIRST ANSWER

I saw your base question and my base answer was another question: where is it, what's the interior like, what kind of amenities are there? To tell you the truth, having grown up in Real Estate, when Alaskans started asking me about price per square foot I was flabbergasted. Any one property's ppsq is not going to be relevant to another's unless they were built on speculation, without buyer options or add-ons, by the same builder in the same neighborhood on the exact same type of lot (no corner or all corners or whatever).

If you are working with a Realtor, or even an Alaskan Licensee, they can provide you with the printed average sale ppsq in the area in which you are interested within a specified time range (time is a factor too).

So - conditions vary between properties, over locations and times. The MOA also provides comparable prices on some properties, but I find them to be based on mortgage amounts, irregardless of price less downpayments, etc., which only has limited relevance to market values.

Wed Apr 29 2009, 17:46

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