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 17 Days Ago

Newest Listings in Duvall, WA

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