Mat-Su Valley Sales Activity for W/E May 1, 2009

Here are the single-family home sales numbers for the week ending May 1, 2009.  
     
City Active Listings New Listings Pending Listings Sold Listings
Big Lake 41 0 1 1
Houston 12 1 0 0
Palmer 195 19 7 10
Sutton 11 0 0 1
Talkeetna 37 1 1 0
Wasilla 459 34 16 18
Willow 50 3 0 1
         
Subtotal 805 58 25 31
Last Week 792 51 30 10
Difference 13 7 -5 21

As expected the closed sales are up by quite a bit. There's always an end-of-the-month rush to get sales closed and recorded. Sellers like to close at month's end because they don't have to make another house payment, they lose money if they have an FHA loan. Buyers prefer it for reasons ranging from rental agreements expiring to reduction of up-front closing costs in the form of prepaid interest.

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