Is Maple Falls, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Maple Falls is a seller's market

Buyer's
Market

Difference Since October 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

$375,000

$286/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$35,000(+10.3%)

Key Takeaway

Homes in Maple Falls have sold for 10.3% more than they did a year ago.

Summary: The median home sold price in Maple Falls was $375,000 in October 2024, up 10.3% from last year, and the median price per square foot was $286.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $192.5K$255K
+32.5%
2 $267.5K$276.4K
+3.3%
3 $397.5K$398.5K
0.3%
4 $392.5K$440K
+12.1%
5+ $407.5K$1.3M
+235.6%

Summary: Maple Falls housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 32.5%, 2 bedroom homes increased by 3.3%, 3 bedroom homes increased by 0.3%, 4 bedroom homes increased by 12.1%, and 5+ bedroom homes increased by 235.6%.

Median Sold Price Compared To Nearby Cities

Deming
+35.1%
East Whatcom
+19.2%
Maple Falls
+10.3%

Housing Supply in Maple Falls, WA

How many homes are available in Maple Falls, WA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
36360.0%

Summary: The Maple Falls real estate market had 36 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 109
-10.0%
3 2322
-4.3%
4 02
+100.0%
5+ 22
0.0%

Summary: The Maple Falls 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 decreased by 10%, 3 bedroom homes decreased by 4.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
109-10.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

4 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Maple Falls, expect to pay close to the asking price. 44.4% of homes here sold near the asking price last month.

Summary: A total of 9 homes were sold or pending in Maple Falls in October 2024, down by 10.0% month-over-month. Of the 9 sold homes, 11% were sold under asking, 44% were sold at asking, and 44% 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

Oct 2023Oct 2024CHANGE
76 Days41 Days-45.6%

Summary: Homes in Maple Falls had an average of 41 days on market in Oct 2024, down by 45.6% compared to last year.

Breakdown of Home Sale Times

4 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 Maple Falls are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 9 homes were sold in Maple Falls; 44% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 11% 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 16 Days Ago

Newest Listings in Maple Falls, WA

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