Sitka, AK Real Estate Listings & Homes for Sale

The housing market in this area shows steady growth, with the median sale price reaching $764K, up 5.9% from last year. The price per square foot has seen an even greater increase, rising 13.3% to $434. On average, homes sell for about 9.5% below the list price and typically spend 113 days on the market. With only one home sold last month, the market activity appears low, which could indicate limited inventory or a slower pace of transactions. These trends suggest that while prices are increasing, buyers may have room to negotiate.

In November 2024, homes in Sitka, AK, sold for an average of 1.73% below the asking price. Properties typically spent about 83 days on the market, a figure that has remained steady compared to the previous month but shows a slight increase from last year. These trends suggest a relatively stable market, giving buyers time to consider their options while still maintaining a reasonable pace of sales.

In November 2024, Sitka, AK, was a buyer's market, indicating that the supply of homes exceeded the demand. This environment gives buyers more options and leverage in negotiations, often leading to more favorable terms and potentially lower prices for those looking to purchase a home.