Maltby Real Estate Market Continues Weakening in Contracts

Over the last 30 days, the Maltby market had a lift in home sales with 14. But as sales edged up, the number of pending transactions continued to decline, with a total of 15 contracts during the same period. All indications show that the trend may be coming to an end, meaning more pending transactions over the next few weeks. The median sales price rose to $577,500, up from last week's $535,000. Along with the increase in sales, the fact that there are a lower-than-normal two months of inventory indicates that Maltby is a strong seller's market.

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Demographic facts about Maltby:

  • There are 3.5% vacant homes.
  • Average number of sunny days is 162 per year. (U.S. average: 205)
  • For every librarian there are 633 students in this area. (803 = national average)

Data reported through 10/12/2016

Comments:

Ask a local expert about this area:
Best Choice Realty LLC
7 reviews
John. L. Scott - Everett
Snapped 10 homes in this area
Windermere Real Estate/HLC
Snapped 2 homes in this area

Agents that specialize in this area
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