Leap Year provided an extra day for sales to close in February. In the Tahoma School District, 53 Single Family homes closed. With Escrow time frames typically in the 30-45 day range, the majority of these contracts were negotiated in January, showing the early start to what's been a pretty fast paced 2016 real estate market.
The highest priced property closed just above $871,480 and the lowest priced property sold for $150,000.
On average, these properties were on the market 30 days, with the longest market time just being 123 days.
Once again, more than half of the homes sold were only on the market a week or less.
How have Maple Valley home prices increased over the last few years?
Compare the median home prices for February Sales in past years: