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 neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Maple Falls was a Seller's Market.

Key Takeaway

Maple Falls is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Maple Falls, WA

How much do homes in Maple Falls, WA cost?

Median Sold Price

$370,000

$282/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$21,000(+6.0%)

Key Takeaway

Homes in Maple Falls have sold for 6% more than they did a year ago.

Summary: The median home sold price in Maple Falls was $370,000 in November 2024, up 6% from last year, and the median price per square foot was $282.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $235K$237K
+0.9%
2 $292K$275K
-5.8%
3 $398K$394K
-1.0%
4 $392.5K$440K
+12.1%
5+ $875K$935K
+6.9%

Summary: Maple Falls housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.9%, 2 bedroom homes decreased by 5.8%, 3 bedroom homes decreased by 1%, 4 bedroom homes increased by 12.1%, and 5+ bedroom homes increased by 6.9%.

Median Sold Price Compared To Nearby Cities

Deming
+36.0%
East Whatcom
+19.2%
Maple Falls
+6.0%

Housing Supply in Maple Falls, WA

How many homes are available in Maple Falls, WA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3331-6.1%

Summary: The Maple Falls real estate market had 31 homes for sale in November 2024, a 6.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 98
-11.1%
3 1917
-10.5%
4 23
+50.0%
5+ 22
0.0%

Summary: The Maple Falls housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 11.1%, 3 bedroom homes decreased by 10.5%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
105-50.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Maple Falls, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Maple Falls in November 2024, down by 50.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 40% were sold at asking, and 0% 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

Nov 2023Nov 2024CHANGE
113 Days37 Days-66.6%

Summary: Homes in Maple Falls had an average of 37 days on market in Nov 2024, down by 66.6% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 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 November 2024, 5 homes were sold in Maple Falls; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% 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 17 Days Ago

Newest Listings in Maple Falls, WA

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