Is Maple Falls, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Maple Falls has remained a Seller's Market.
Key Takeaway
Maple Falls is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Maple Falls, WA
How much do homes in Maple Falls, WA cost?
Median Sold Price
$352,000
$271/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Maple Falls have sold for 6.7% more than they did a year ago.
Summary: The median home sold price in Maple Falls was $352,000 in April 2024, up 6.7% from last year, and the median price per square foot was $271.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $243.5K | $219K | -10.1% |
| 2 Bedrooms | $198.7K | $263.5K | +32.6% |
| 3 Bedrooms | $381K | $402.5K | +5.6% |
| 4 Bedrooms | $447.5K | $402.5K | -10.1% |
| 5+ Bedrooms | $407.5K | $875K | +114.7% |
Summary: Maple Falls housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10.1%, 2 bedroom homes increased by 32.6%, 3 bedroom homes increased by 5.6%, 4 bedroom homes decreased by 10.1%, and 5+ bedroom homes increased by 114.7%.
Median Sold Price Compared To Nearby Cities
| Maple Falls | $330K | $352K | +6.7% |
| Deming | $530.5K | $528K | -0.5% |
| East Whatcom | $385K | $380K | -1.3% |
Housing Supply in Maple Falls, WA
How many homes are available in Maple Falls, WA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 27 | 34 | +25.9% |
Summary: The Maple Falls real estate market had 34 homes for sale in April 2024, a 25.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 19 | 21 | +10.5% |
| 4 Bedrooms | 3 | 7 | +133.3% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Maple Falls 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 10.5%, 4 bedroom homes increased by 133.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 8 | 9 | +12.5% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Maple Falls, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Maple Falls in April 2024, up by 12.5% month-over-month. Of the 9 sold homes, 44% were sold under asking, 33% were sold at asking, and 22% 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
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 75 Days | 56 Days | -24.3% |
Summary: Homes in Maple Falls had an average of 56 days on market in Apr 2024, down by 24.3% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Maple Falls are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 9 homes were sold in Maple Falls; 56% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved.