Home Prices in Maple Valley WA for January 2014

Home Prices in Maple Valley WA for January 2014

Real estate market data for Maple Valley, WA provided by Debi Braulik of Round Real Estate at Keller Williams Puget Sound.

Maple Valley Home Prices

In the last 24 months home prices in Maple Valley have increased steadily and don't expect things to slow down any time soon. If you are considering buying a home you can still find deals on a house in Maple Valley but having a good real estate agent who understands the market is a must.  Don’t wait on the sidelines for too long, many of our listings are starting to sell within a few days of hitting the market. 

If you are interested in how much current inventory is on the market in Maple Valley you can find that information by clicking on the link. Low inventory is the reason that house prices are increasing. Currently in this area of Maple Valley, homes have a median time of 45 days on the market before they sell. Based on current sales trends there is approximately 3.2 months of inventory. This means that it is a sellers market. (0 to 4 months is a sellers market; 4-6 months is a balanced market; 6+ months is a buyers market.)  Low inventory in Maple Valley has multiple offers coming in on homes that are the best value for the price. I wouldn't expect home prices to run up quite as fast as they did back in 2005-2006 as banks have gotten a lot stricter on lending guidelines and are no longer giving a loan to anyone with a pulse. But low inventory is one indicator that prices should continue to rise. 

Maple Valley Real Estate Report Summary

The median list price in January for single family homes in Maple Valley is $359,900. The lowest list price is $149,950 and the highest list price is $2,495,000. 

The price per square foot for listings in this area is $175.

The median sale price in January for single family homes is $311,000. (up from $251,000 in January 2012 for a gain of 35.4%!).

The average sales price was $349,274. 

The average sold square footage was 2,253 sqft. 

The price per square foot for sales in this area is $155. (January 2012 the ppsf was $127)

Find Homes for Sale in Maple Valley WA

Visit my website to search for homes in Maple Valley or to be notified when Maple Valley homes come on the market.

To find out what your home is worth in the current market email me or call 206-949-4785.