5 cities with year-over-year price decreases
-22.6%
Biggest Drop
-8.5%
Avg Decline
Price drops can signal buying opportunities. These markets may offer better negotiating leverage and more affordable entry points compared to last year.
| # | City | YoY Change | Median Price | Days on Market | Months Supply |
|---|---|---|---|---|---|
| 1 | Houston | -22.6% | $235K | 9 days | 2.0 mo |
| 2 | Wasilla | -15.9% | $442K | 18 days | 1.8 mo |
| 3 | Gateway | -3.1% | $510K | 86 days | 2.0 mo |
| 4 | Knik-Fairview | -0.6% | $390K | 43 days | 1.5 mo |
| 5 | Meadow Lakes | -0.2% | $412K | 35 days | 1.8 mo |
5 cities in Alaska are experiencing year-over-year price declines. The largest drop is in Houston at -22.6%.
Price drops can create buying opportunities, but timing the market is difficult. Work with a local agent who understands whether a market is stabilizing or may continue to decline.
Work with a local agent who can help you identify value in changing markets.
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