22017 SE Wax Rd, Maple Valley 98038
School District: Tahoma School Dist #409
Water/Sewer: Covington Water District 253-631-0565, Cedar River Water & Sewer Dist 425-255-6370, Soos Creek Water & Sewer 253-630-9900
Refuse Collection: Recology CleanScapes 425-413-1555 Republic 206-682-9735
Typical Tax Rate: King County $13.75/$1,000 Assessed Value
Median Household Income: $97,890
Average Rent: 2bd $1,400
Source: Greater Seattle InfoGuide 2016-17
The following chart shows the market in relationship to supply and demand. Experienced REALTORS watch closely the ratio of the inventory against the pending sales. We know that if the gap between those two sets of data decreases, we cannot be aggressive when working with buyers. A healthy market is where a little give and take on both sides of the negotiation table exists or when roughly 30 to 35% percent of available homes go pending during the same month.
The average days on market is a great guide for gaining an understanding of how long it might take to receive an offer.
Months of Inventory is just another way of looking at the supply and demand ratios. The months of inventory tell us how long it would take to sell every single home on the market if no other listings came on. A neutral market is 4 to 6 months supply, anything more is a buyer’s market and anything less is a seller’s market.