Eagle River Real Estate

Eagle River is located within the municipality of Anchorage in the US state of Alaska, and is located in the region between Chugach State Park and Fort Richardson. It derives its name from its location on the banks of the Eagle River.

Life in Eagle River has witnessed a drastic change in the last decade or so and this has largely been influenced by the development in the local services. These include the development of educational institutions like the Eagle River High School and the Chugiak High School. The city plays host to annual events like the Highland Games that are held every year around the month of June.

Eagle River is located against the backdrop of picturesque mountains and therefore the activities center on exploration of the mountains, hiking, rafting, and skiing. The Crow Pass Trail is located 26 miles from Eagle River Nature Center and is a favorite destination for many backpackers.

The average listing price for homes for sale in the city was $ 365,790 for the end of December. The graph of average sales price had picked up considerably during the last couple of weeks in December 2009. The median sales price of homes for sale in the city hovered around $215,750 over a span of a couple of months from September 2009 to November 2009. The price of per square foot was $77.

Investing in real estate in Eagle River is expected to yield profitable results. Being a scenic destination, the number of tourists coming down to the city is also considerably high. So even if you are not really sure of settling down in the city, you can also invest in properties and rent them out as vacation properties. Be it a single family home, an apartment, a penthouse or even a ranch, Eagle River real estate has it all. There are a number of neighborhoods and you can choose one that matches your preference. Some of the popular residential areas in Eagle Pointe, Eagle Crossing, Hylen Crest, Powder Ridge, and Hidden Hills. Now is the time to come and be a part of the "city of lights".