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Bordered by the Pacific and Arctic Oceans, as well as the Bering Sea, Alaska’s geography is breathtakingly diverse. As the largest state in the Union, Alaska is composed primarily of two amazing mountain systems, a coastal plain, and a central plateau. Due to the nature of its geography, Alaska real estate offers residents a variety of options, from oceanfront to mountain living.
When most people think of Alaska, they imagine a magnificent year-round winter landscape. However, Alaska often has average temperatures in the low 70s – weather warm enough even for the most discriminating of tastes! Although Alaska has its fair share of winter weather, it also has enough sunny days to allow plenty of outdoor fun.With a population of nearly 650,000 residents, Alaska boasts one of the highest qualities of life for any state across the nation. Its economy is powered mostly by the petroleum and natural gas trade, although tourism dominates a large part of the market. With a strong economy, the increase in demand for Alaska real estate has begun. Currently, median home prices range throughout the state from $140,000 to $300,000, depending on the location.