"Alaska's 39.4% price-cut rate tops Hawaii's 31.9% even as both markets balance seller leverage with longer selling timelines. Alaska's housing market saw 39.4% of active listings reduce their asking prices during the week ending Nov. 7, 2025, outpacing Hawaii's 31.9% price cut rate despite Alaska homes carrying a median list price of $469,000 compared to Hawaii's $1,285,000. The pricing strategy divergence between America's two non-contiguous states reveals distinct market dynamics."
"Alaska's higher rate of price reductions occurs alongside a tighter inventory situation, with 1.8 months of supply compared to Hawaii's 2.3 months. The Alaska market absorbed 190 homes during the week while adding 70 new listings. Hawaii saw 235 homes absorbed against 120 new listings entering the market. Both states maintain seller-favorable conditions despite the pricing adjustments. Alaska's price per square foot reached $254.8, while Hawaii commanded $708.5 per square foot, reflecting the islands' premium real estate values."
During the week ending Nov. 7, 2025, 39.4% of active Alaska listings reduced asking prices versus 31.9% in Hawaii. Alaska's median list price was $469,000; Hawaii's was $1,285,000. Alaska homes averaged 84 days on market, Hawaii 105 days. Months of supply measured 1.8 in Alaska and 2.3 in Hawaii. Alaska absorbed 190 homes while adding 70 listings; Hawaii absorbed 235 and added 120. Price per square foot was $254.8 in Alaska and $708.5 in Hawaii. Relisting rates were 5.7% in Alaska and 8.0% in Hawaii. Active inventory totaled 1,425 in Alaska and 2,140 in Hawaii. Both states exceeded U.S. medians.
Read at www.housingwire.com
Unable to calculate read time
Collection
[
|
...
]