Another 'Market Update' from my friend Rene Fabre. One more coming to you shortly for Mercer Island.
Do you have a Seattle Neighborhood where you'd like to see these kind of statistics! Please let me know by posting your comment / request here. Thanks!
- Julie McCullough Hale, Ticor Title Co, RRNetwork.com, Seattle
Via
René Fabre Internet Marketing (Ticor Title Company):
Southeast of Renton, just a few minutes down Hwy 169 begins Maple Valley. It extends south for several miles ending at the city of Black Diamond. Just north of Black Diamond and directly east of Kent is the city of Maple Valley. As much as this area has grown, it still has a rural flavor. You're about an hour out of Seattle (with normal traffic)...
As you can see in the study below there are 8,950 homes, 6,910 are in platted sub-divisions and 2,040 are on acreage. If you've looked at my previous RTS posts that ratio of platted to unplatted is quite different. As you get closer to Seattle and the urban core the lots get smaller and they're is less and less unplatted acreage.
In the city/zip code of Maple Valley, 1/4 of the homes are on acreage and notice the average lot size is 148,937 square feet, or just under 3.5 acres. Also the average lot size for subdivision lots is larger than most in city lots averaging 15,278...
The Cedar River runs out of the Cascade Mountains and north up the valley through Renton and into Lake Washington. It's one of the best aquifers anywhere and as a resident of Renton we enjoy great tap water. The Green River also cuts through the valley to the south and makes its way through a break in the hills, directly west into Auburn and dumps into the Puyallup River. So within the shadow to the north of Mt. Rainier we have two wonderful watersheds.
| |
| Residential Transaction Study |
6/15/2009 |
| Project description: Maple Valley, WA 98038 (non-waterfront SFD's) |
| |
| monthly market |
Most recent transaction: 6/5/2009 |
Market (homes): 8950 |
| month |
year |
sales |
mrkt% |
$/sqft |
avg price |
median |
| Jun |
2009 |
2 |
% |
$137 |
$277,500 |
$277,500 |
| May |
2009 |
34 |
0.4% |
$149 |
$322,018 |
$310,000 |
| Apr |
2009 |
34 |
0.4% |
$147 |
$347,934 |
$316,975 |
| Mar |
2009 |
27 |
0.3% |
$147 |
$323,788 |
$306,000 |
| Feb |
2009 |
20 |
0.2% |
$151 |
$346,729 |
$293,196 |
| Jan |
2009 |
22 |
0.2% |
$143 |
$333,824 |
$312,360 |
| 1 story |
3324 |
w/ bsmt |
1,755 |
platted |
6,910 |
| 1.5 story |
294 |
avg bsmt sqft |
1,044 |
avg lot sqft1 |
15,278 |
| 2 story |
5293 |
w/ garage |
7,271 |
unplatted |
2,040 |
| 3+ story |
6 |
avg garage sqft |
552 |
avg lot sqft2 |
148,937 |
| avg % imprvd |
67% |
avg year built |
1989 |
avg bldg sqft |
2,238 |
| avg # beds |
3 |
avg # baths |
2 |
|
|
| |
1avg lot sqft of all platted properties |
2avg lot sqft of all unplatted properties |
| |
| |
 |
The data used in this report is deemed reliable, but not guaranteed.
Ticor Title cannot be held responsible for any inaccuracies.
© 2004-2009 Ticor Title Renton WA 98057 |
;)
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