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 April 2023

Since last year, Duvall has remained a Seller'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

$940,000

$431/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$65,890(+7.5%)

Key Takeaway

Homes in Duvall have sold for 7.5% more than they did a year ago.

Summary: The median home sold price in Duvall was $940,000 in April 2024, up 7.5% from last year, and the median price per square foot was $431.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $260K$340K
+30.8%
2 $525K$749K
+42.7%
3 $785K$870K
+10.8%
4 $975K$1.0M
+2.6%
5+ $1.0M$1.3M
+23.8%

Summary: Duvall housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 30.8%, 2 bedroom homes increased by 42.7%, 3 bedroom homes increased by 10.8%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes increased by 23.8%.

Median Sold Price Compared To Nearby Cities

Duvall
+7.5%
Snoqualmie Valley
-3.5%

Housing Supply in Duvall, WA

How many homes are available in Duvall, WA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
6670+6.1%

Summary: The Duvall real estate market had 70 homes for sale in April 2024, a 6.1% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 22
0.0%
3 2426
+8.3%
4 1923
+21.1%
5+ 2119
-9.5%

Summary: The Duvall housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 21.1%, and 5+ bedroom homes decreased by 9.5%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1021+110.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

13 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Duvall, you could pay more than the asking price. 61.9% of homes here sold above asking price last month.

Summary: A total of 21 homes were sold or pending in Duvall in April 2024, up by 110.0% month-over-month. Of the 21 sold homes, 14% were sold under asking, 24% were sold at asking, and 62% 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

Apr 2023Apr 2024CHANGE
20 Days26 Days+32.3%

Summary: Homes in Duvall had an average of 26 days on market in Apr 2024, up by 32.3% compared to last year.

Breakdown of Home Sale Times

16 Homes Were Sold
Under 30 Days

4 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 April 2024, 21 homes were sold in Duvall; 76% of homes were sold within 30 days, 19% 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 15 Days Ago

Newest Listings in Duvall, WA

Nearby Markets to Duvall, WA

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