It’s Monday, so that means market udpates!
These are homes currently listed and sold within the last 6 months through NWMLS. These numbers do not reflect private party sales.
Here is a snapshot of REO or Bank-owned homes in the Maple Valley area:
Active Listings: 10 Average List Price $340,693
Average Days on Market: 27 High: $775,030 Low: $199,900
Pending Sales: 11 Average List Price: $277,523 Avg Days on Market: 38 High: $369,900 Low: $124,900
SOLD Listings: 32 Average List Price: $274,884 Avg Days on Market: 42 High: $660,000 Low: $274,884
You’ll notice the short number of days these properties remain on the market. Indicative of the aggressive price most asset managers are placing on these properties. They don’t want inventory on the books and are pricing these homes to move quickly!
