Federal Way Real Estate Report Summary for 2015

Information is always a good thing. The more we learn, the more informed we are, and the easier it is to make educated decisions. Whether you are buying, selling or investing in a Federal Way home you need to do just that – make an educated decision! We’ve put together a snap shot of what the real estate market in Federal Way looked like for the year end for 2015. Enjoy!

 

Reporting only Single Family Homes there were:

• 131 ACTIVE Homes for Sale
• 185 PENDING Sales
• 1,299 SOLD Single Family Homes

Sales ranged from a low of $9,000 to a high of $1,150,000. This range is broken done by:

• 577 home sales under $250K
• 668 home sales were between $250K and $500K
• 49 home sales were between $500K and $750K
• 3 home sales were between $750K and $1M
• 2 home sales were between $1M and $1.5M
• 0 home sales between $1.5M and $2M
• 0 home sales over $2M

The median SOLD price for single family homes in Federal Way was $265,000 with the average days on market being only 24 days.

The median price per square foot for sold listings in this area is $151.

Find Homes for Sale in Federal Way WA

Under $250K $250K – $500K $500K – $750K $750K – $1M $1M – $1.5M $1.5M – $2M Over $2M

Want to Buy, Sell or Invest in Real Estate?
Are you interested in buying a home? Stay on top of the market! We can send you real-time listings of area homes as they come on the market – find out how. Want to find out what your home is worth? Request a FREE Market Analysis TODAY! Contact the Knowles Team TODAY at (206) 588-8418 to discuss what is happening in today’s Greater Seattle area Real Estate Market. The Knowles Team will be happy to give you a personalized Comparative Market Analysis for your home or assist you in purchasing a home.

SEARCH All Greater Seattle Homes

Find Your Next Home Here

Past Year Market Reports

2014

Reporting only Single Family Homes there were:

• 158 ACTIVE Homes for Sale
• 138 PENDING Sales
• 877 SOLD Single Family Homes

Sales ranged from a low of $78,000 to a high of $2,610,000. This range is broken done by:

• 378 home sales under $250K
• 463 home sales were between $250K and $500K
• 8 home sales were between $500K and $750K
• 9 home sales were between $750K and $1M
• 10 home sales were between $1M and $1.5M
• 0 home sales between $1.5M and $2M
• 1 home sales over $2M

The median SOLD price for single family homes in Federal Way was $263,500 with the average days on market being only 36 days.

The median price per square foot for sold listings in this area is $132.