Time to Test Your Local Real Estate Knowledge

Learn more about the market and test your real estate knowledge with this quiz! 

1. According to the US census, what is the population of the Municipality of Anchorage (MOA) ?

A. 292,090      

B. 302,100     

C. 285,123

 

2. How many square miles is the MOA?

A. 1,947     

B. 1,847     

C. 1,984

 

3. The MOA has 61 census tracts from Eklutna to Girdwood?  True or false?

 

4. What is the MOA home ownership rate?

A. 62.2%       

B. 68.2%         

C. 59.8%

 

5. How many single family building permits have been issued thru July 2022?

A. 112    

B. 222     

C. 82      

D.137

 

6. What is their average permit value?

A. $458,000    

B. $538,000    

C. $608,130

7. Does that include the value of the land?

 

8. Since 2020, what is the average percentage increase in value for single family homes as reported by the Alaska MLS? 

A. 20.61%   

B. 22.61%     

C.16.61%         

D. 12.61%

 

9. Has 2022 YTD seen an increase/decrease in value?

A. Increase by 7.86%     

B. Decrease 7.86%      

C. About the same

 

10. Has the MOA had a increase or decline in closed sales YTD compared to last year?

A. Stayed the same    

B. Decline of 15.74%        

C. Slight increase of 2%

 

11. MLS District 101 is Girdwood.  What is the average sales price of a single family home, according to the Alaska MLS?

A. $648,357       

B. $748,357         

C. $548,357

 

12. What is the average sales price of a Girdwood condo?

A. $359,950    

B. $492,875

 

Answer Key: 

1. A

2. A

3.True

4. A

5. A

6. C

7. No

8. A

9. A

10. B

11. A

12. Answer A was 2021, Answer B is today’s value

 

As always, thank you for reading my column and for your many referrals.