Property prices for sale in Ketchikan (Alaska)

The prices in real estate in Ketchikan, in the Alaska region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.

Average price last 6 months
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Ketchikan has increased strongly during the last 6 months. In January, the average price per sq.feet was $259. In the following month the price per sq.feet decreased considerably to $215. The price for the following two months in (March, April) had a considerable increment of 789 %. The price per sq.feet has had a considerable increase of 156 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $1,054 to $1,645 during May, and June.

Average price

Based upon to the price in Ketchikan (cities), these have remained the same in the last 6 months. The average price for January is $434,935. During February the price had a considerable reduction till $266,722. During the following two months (March, April) the average price had a considerable increase of 137 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has gone up 106 % during the last two months.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $457,770 they are 51 % more affordable than the average price for Ketchikan. The properties with the highest average price have 2 bedrooms, Their price is 17 % more costly than the average. After that we have properties with 4 bedrooms priced at $418,389.

With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $212 / sq.feet, with an average $1,145 / sq.feet price in Ketchikan. The properties with the lowest average prices have 2 bedrooms. They are 64 % cheaper than the average followed by properties with 3 bedrooms with a price at $307 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $457,770 it is 78 % cheaper than the average price in Ketchikan. "Condo" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Duplex". At a price of $321,548 it is 26 % more affordable than the average price.

According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $150 / sq.feet followed by "Condo" priced at $219 / sq.feet. "Land" is the most costly type of property with a $40,897 / sq.feet cost followed by "House" with an average price of $251 / sq.feet.

Charts data
Average price June
Average price per sq.feet June
Number of properties used in Ketchikan
Number of properties used in region Alaska
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value