2011 Market Report for Maple Valley, Washington
2011 Market Report for Maple Valley, Washington
Real estate was on a lot of peoples minds last year. Now that the year is over we can report activity, averages and trends in this 2011 Market Report for Maple Valley, Washington.
Maple Valley real estate activity has been vigorous and picking up momentum.
The Phil Leng Team sold 68 homes last year, with an average market time of 49 days.
The overall statistics for Maple Valley are encouraging. Although it is a small market segment it does represent the pulse of our industry. The Red bar is the number of houses for sale in any given month. The Green bar is the number of houses sold in any given month. Which of these two categories would you want to be in?
If you retain The Phil Leng Team to sell your property, we will help you get into the Green!
The trend of median sold prices in Maple Valley is slightly lower from this next graph. The median price in this 2011 Market Report for Maple Valley, Washington appears to have gone down 19% through last year.
Perhaps the good news in Maple Valley is that the number of new properties (new listings) going for sale every month has been dropping over the last year. It looks like the trend of new listings every month in this 2011 Market Report for Maple Valley, Washington is down 33%.
The average Days on Market in Maple Valley appears to be increasing. The graph shows a 29% increase in days on the market through the end of 2011.
If you are a serious seller and need to sell, the next graph is good news. The Months supply of inventory in Maple Valley Washington has gone down. The graph shows 64% over the year, however it will not actually be by that much once the properties come on the market this spring. But I believe this is a real trend from this 2011 Market Report for Maple Valley, Washington as those who do not really need to sell simply defer their plans until a later time.
Conclusion: If you are a serious seller and need the best to sell in Maple Valley, hire the Phil Leng Team. We have the experience and the track record to help you reach your real estate goals this year.
All data for this 2011 Market Report for Maple Valley, Washington is from the NWMLS and is their property. Accuracy has not been independently verified.
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