Maple Valley Home Sales & Market Report-10/26/09

Homes sales within the Tahoma School District continue to favor the under $400,000 price ranges as first time home buyers jockey for the November tax credit finish line.

Of the 127 Pending Sales in Escrow, 82% are under $400,000.

Here's a Monday Market Snapshot of Residential Single Family Homes within Tahoma School District boundaries listed and/or Sold through NWMLS

ACTIVE LISTINGS: 277 AVERAGE LIST PRICE: $424,703 HIGH: $3,375,000 LOW: $99,000

PENDING SALES: 127 AVERAGE LIST PRICE: $331,414 HIGH: $1,049,000 LOW: 124,900

SOLD: 529 AVERAGE LIST PRICE: $362,814 HIGH: $3,800,000 LOW: 65,000

It will be interesting to see with all the short sales pending, what the final SOLD numbers will look like at year's end.

Time will tell!