If you're hoping for a brand new Maple Valley home before Christmas, you're most likely going to have to choose from one of the 26 completed New Construction properties currently on the market. Of the 91 Active Residential Single Family new constructions properties listed through NWMLS, less than 30% are finished, move-in ready homes. Approximately 36% are presales (where the builder will not begin construction until a contract is mutually agreed) and the balance are homes currently under-construction.
Typically buyers are able to negotiate their best deal with a builder when a home is finished and completed. So whether it's an interest rate buy-down, backyard landscaping & fence, after-market upgrades....your agent should be able to help you negotiate a strong deal in this market.
Here is the breakdown on New Construction Activity through November. This report is for 2008 built Single Family homes in the Maple Valley market which are listed through NWMLS.
Active Listings: 91 Average List Price: $454,063
Pending Sales: 10 Average List Price: $$423,569
Sold (last 6 mo) 47 Average List Price: $383,044
Many builders in the Maple Valley market will have proprietary forms and sale procedures which differ from a "resale" purchase. It is wise for anyone who is considering purchasing new construction to work with a real estate professional who can guide them through the process. Not only will a buyer's agent experienced in New Construction be able to help you negotiate from a stronger position, they will sometimes be able to speak about past client's experience with different builders post sale....which is something you should always take into consideration!
Colleen Fischesser is the Broker/Owner of RE/MAX Select in Maple Valley, WA. She has been successfully selling and marketing properties all over South King & North Pierce counties since 1990 but specializes in the Maple Valley Washington area. .She may be contacted directly at: 425-432-5400
Copyright 2008, All Rights Reserved Colleen Fischesser
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