Is Maple Falls, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Maple Falls has remained a Seller's Market.
Housing Prices in Maple Falls, WA
How much do homes in Maple Falls, WA cost?
Median Sold Price
$360,000
$273/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Maple Falls was $360,000 in March 2024, up 9.1% from last year, and the median price per square foot was $273.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $321.7K | $209.5K | -34.9% |
2 Bedrooms | $200K | $295K | +47.5% |
3 Bedrooms | $379K | $400K | +5.5% |
4 Bedrooms | $447.5K | $340K | -24.0% |
5+ Bedrooms | $407.5K | $875K | +114.7% |
Summary: Maple Falls housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 34.9%, 2 bedroom homes increased by 47.5%, 3 bedroom homes increased by 5.5%, 4 bedroom homes decreased by 24%, and 5+ bedroom homes increased by 114.7%.
Median Sold Price Compared To Nearby Cities
Maple Falls | $329.9K | $360K | +9.1% |
East Whatcom | $385K | $378.5K | -1.7% |
Deming | $543K | $520K | -4.2% |
Housing Supply in Maple Falls, WA
How many homes are available in Maple Falls, WA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
24 | 29 | +20.8% |
Summary: The Maple Falls real estate market had 29 homes for sale in March 2024, a 20.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 6 | 5 | -16.7% |
3 Bedrooms | 14 | 19 | +35.7% |
4 Bedrooms | 3 | 3 | 0.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Maple Falls housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 16.7%, 3 bedroom homes increased by 35.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
7 | 8 | +14.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Maple Falls in March 2024, up by 14.3% month-over-month. Of the 8 sold homes, 25% were sold under asking, 38% were sold at asking, and 38% were sold over asking.
Days on Market for Maple Falls, WA
How long does it take to sell a home in Maple Falls, WA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
46 Days | 31 Days | -31.8% |
Summary: Homes in Maple Falls had an average of 31 days on market in Mar 2024, down by 31.8% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 8 homes were sold in Maple Falls; 63% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.