Market report, updated

Market Report

Search in the subdivision of Federal Way

Yournextchapteridaho.com
Report prepared by Yournextchapteridaho.com Terrafin Real Estate
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Market at a glance

Over the last 6 months, homes sold for 98.3% of list price in 48 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $542K Sold · $536K
$680K$620K$560K$500K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Sold tab (last 6 months) Earlier

Peak: 40 sales in Jun. Last month: 33.

Where the market stands

All homes in this report, by status.

418homes
Active170 · 41%
Under contract47 · 11%
Sold (6 mo)201 · 48%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

5.0months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$554K
Under contract$615K
Sold$567K

Average days on market

Active128 days
Under contract91 days
Sold48 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 170
Average list price $553,785
Avg. days on market 128 days
Avg. price per ft² $315 Based on 117 of 170 homes
Avg. living area 1,790 ft² Based on 117 of 170 homes
Avg. beds / baths 2.9 / 2.2

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

53 homes didn’t report living area and aren’t shown.

1 home is larger or pricier than this chart’s scale and isn’t shown.

$1.5M$1M$500K$0

Price vs. living area: 116 homes plotted, up to $1.5M and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

31 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes in this status.

28434 Military Road S$776
29903 Marine View Drive SW$542
30521 1st Pl SW$530
853 S 306th Street$475
29634 21st Avenue S$472
30211 10th Avenue S$440
516 S 325th Street Unit #20H$426

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
3614 SW 331st StreetFederal Way, WA 98023 432,400$674,950$2810 days
33020 10th Avenue SW Unit #A 304Federal Way, WA 98023 22960$315,000$3281 day
2101 S 324th Street Unit #11Federal Way, WA 98003 22—$325,000—1 day
1645 S 288th Street Unit #102Federal Way, WA 98003 ———$280,000—4 days
32120 45th Place SW Unit #C6Federal Way, WA 98023 21809$225,000$2784 days
37110 5th Ave SWFederal Way, WA 98023 432,460$659,950$268106 days
3034 S 356th PlaceFederal Way, WA 98003 433,135$925,000$2955 days
32820 20th Avenue S Unit #76Federal Way, WA 98003 321,512$359,950$23812 days
2101 S 324th Street Unit #236Federal Way, WA 98003 22—$139,950—5 days
2229 SW 330thFederal Way, WA 98023 421,390$529,999$381460 days
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Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.


Information courtesy of Intermountain Multiple Listing Service. Information provided by IMLS is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non‐commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. All listings provided by IMLS are marked with the official IMLS IDX icon.