Each house is priced according to what the seller wishes to get for the home. It should be very easy to determine an accurate price, but many home owners move into and out of Alaska on a regular basis. They some times determine their price based on what they need, or unfortunately, what they owe.
The current stats indicate about a 5% reduction on sales that have longer market time. If an owner prices his home to high, sometimes he will get less. A good clean home that is attractively priced will sell for its asking price. If you watch the market and look at a few homes, you should get a good feel for what is a good deal.
But remember this, the seller may really need to get X dollars for their home, and in this situation you may offer less because that is what you feel, and your Realtor, feel is a fair price. But there will be know deal. This is the unfortunate side of inflation and our market.
Good luck in your search.
Eric Bushnell, Associate Broker
Prudential Jack White/Vista Real Esate Eagle River