Is Duvall, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Duvall is a seller's market

Buyer's
Market

Difference Since May 2023

At the same time last year, Duvall was a Buyer's Market.

Key Takeaway

Duvall is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Duvall, WA

How much do homes in Duvall, WA cost?

Median Sold Price

$950,000

$433/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$80,000(+9.2%)

Key Takeaway

Homes in Duvall have sold for 9.2% more than they did a year ago.

Summary: The median home sold price in Duvall was $950,000 in May 2024, up 9.2% from last year, and the median price per square foot was $433.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $260K$340K
+30.8%
2 $603K$700K
+16.1%
3 $812.4K$870K
+7.1%
4 $923.5K$1.0M
+8.8%
5+ $1.0M$1.2M
+27.1%

Summary: Duvall housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 30.8%, 2 bedroom homes increased by 16.1%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 8.8%, and 5+ bedroom homes increased by 27.1%.

Median Sold Price Compared To Nearby Cities

Duvall
+9.2%
Snoqualmie Valley
-0.1%

Housing Supply in Duvall, WA

How many homes are available in Duvall, WA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
7177+8.5%

Summary: The Duvall real estate market had 77 homes for sale in May 2024, a 8.5% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 01
+100.0%
2 24
+100.0%
3 2537
+48.0%
4 2321
-8.7%
5+ 2114
-33.3%

Summary: The Duvall housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 48%, 4 bedroom homes decreased by 8.7%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Apr 2024May 2024CHANGE
2519-24.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Duvall, expect to pay close to the asking price. 36.8% of homes here sold near the asking price last month.

Summary: A total of 19 homes were sold or pending in Duvall in May 2024, down by 24.0% month-over-month. Of the 19 sold homes, 26% were sold under asking, 37% were sold at asking, and 37% were sold over asking.

Days on Market for Duvall, WA

How long does it take to sell a home in Duvall, WA?

Average Sale Time

May 2023May 2024CHANGE
45 Days23 Days-47.4%

Summary: Homes in Duvall had an average of 23 days on market in May 2024, down by 47.4% compared to last year.

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Duvall are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 19 homes were sold in Duvall; 79% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Duvall, WA

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