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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Maltby is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Maltby has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Maltby, WA

How much do homes in Maltby, WA cost?

Median Sold Price

$1,119,677

$468/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$9,513(+0.9%)

Key Takeaway

Homes in Maltby have sold for 0.9% more than they did a year ago.

Summary: The median home sold price in Maltby was $1,119,677 in October 2024, up 0.9% from last year, and the median price per square foot was $468.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $375K$352.5K
-6.0%
2 $455K$499K
+9.7%
3 $825K$871.5K
+5.6%
4 $1.2M$1.2M
+2.8%
5+ $1.3M$1.3M
+3.5%

Summary: Maltby housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6%, 2 bedroom homes increased by 9.7%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 2.8%, and 5+ bedroom homes increased by 3.5%.

Median Sold Price Compared To Nearby Cities

Seattle East
+17.9%
Woodinville
+12.2%
Mill Creek
+11.2%
Bothell
+5.4%
Maltby
+0.9%

Housing Supply in Maltby, WA

How many homes are available in Maltby, WA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
271273+0.7%

Summary: The Maltby real estate market had 273 homes for sale in October 2024, a 0.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 2529
+16.0%
3 9188
-3.3%
4 109109
0.0%
5+ 4445
+2.3%

Summary: The Maltby housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 16%, 3 bedroom homes decreased by 3.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 2.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
8474-11.9%

Asking Price vs. Sold Price

32 Homes Were Sold
Under Asking

16 Homes Were Sold
At Asking

26 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Maltby, you may be able to get a good deal. 43.2% of homes here sold below asking price last month.

Summary: A total of 74 homes were sold or pending in Maltby in October 2024, down by 11.9% month-over-month. Of the 74 sold homes, 43% were sold under asking, 22% were sold at asking, and 35% were sold over asking.

Days on Market for Maltby, WA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
33 Days25 Days-21.8%

Summary: Homes in Maltby had an average of 25 days on market in Oct 2024, down by 21.8% compared to last year.

Breakdown of Home Sale Times

49 Homes Were Sold
Under 30 Days

21 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 74 homes were sold in Maltby; 66% of homes were sold within 30 days, 28% 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 8 Days Ago

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