Is Maple Falls, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 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
$354,000
$272/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Maple Falls was $354,000 in May 2024, up 4.1% from last year, and the median price per square foot was $272.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $321.7K | $219K | -31.9% |
2 Bedrooms | $210K | $263.5K | +25.5% |
3 Bedrooms | $385K | $396.4K | +3.0% |
4 Bedrooms | $450K | $436K | -3.1% |
5+ Bedrooms | $407.5K | $905K | +122.1% |
Summary: Maple Falls housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 31.9%, 2 bedroom homes increased by 25.5%, 3 bedroom homes increased by 3%, 4 bedroom homes decreased by 3.1%, and 5+ bedroom homes increased by 122.1%.
Median Sold Price Compared To Nearby Cities
Maple Falls | $339.9K | $354K | +4.1% |
Deming | $510.6K | $520K | +1.8% |
East Whatcom | $385K | $381.2K | -1.0% |
Housing Supply in Maple Falls, WA
How many homes are available in Maple Falls, WA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
34 | 38 | +11.8% |
Summary: The Maple Falls real estate market had 38 homes for sale in May 2024, a 11.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 4 | +300.0% |
2 Bedrooms | 3 | 6 | +100.0% |
3 Bedrooms | 21 | 20 | -4.8% |
4 Bedrooms | 7 | 6 | -14.3% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Maple Falls housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 300%, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
10 | 7 | -30.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Maple Falls in May 2024, down by 30.0% month-over-month. Of the 7 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
52 Days | 88 Days | +68.5% |
Summary: Homes in Maple Falls had an average of 88 days on market in May 2024, up by 68.5% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 7 homes were sold in Maple Falls; 43% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.