Marti Pepper

Photo: Lex Treinen/Alaska Public Media

Real estate agents can often take a breather after the summer, when the busy season slows.

And this year's busy season was busier than ever, as buyers outnumbered listings and house prices shot through the roof.

While the market isn't quite as chaotic as it was earlier in the summer, Soldotna real estate agent Marti Pepper said those trends are still lingering as fall begins. And she doesn't see a huge correction coming any time soon.

If you've even thought about buying or selling property this spring, you know that it's a seller's market. Properties are selling well above asking price and, in some cases, buyers are even paying in cash.

Real estate agent Marti Pepper is on the Kenai Conversation today to talk about how things are going here and to share her advice on navigating today's market.

Thanks to Marti Pepper with Redoubt Realty for her perspective on the local real estate market.

Econ 919: Home sales see uptick

Apr 22, 2019

It’s not super rare around the Kenai, but a home sale of a million dollars does get ones’ attention. That tidbit came up during our semi-regular talk with Marti Pepper, an independent agent with Redoubt Realty, who dropped by the studios to go over the first quarter of 2019.

“Okay, so what's interesting in the first quarter, which is January through March, the central Peninsula, the average sales price of a home went up by about $12,000. in Anchorage, it went down. And in the lower Kenai, Seward, Homer it went down.