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Tim Garber
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Federal Way Market Report

$436,002

AVERAGE PRICE OF 404 HOMES

$273,246

AVERAGE PRICE OF 16 DISTRESSED HOMES

$1,695,472

AVERAGE PRICE OF 4 MULTI-MILLION DOLLAR HOMES

$607,459

AVERAGE PRICE OF 46 NEWLY BUILT HOMES

$1,400,000

AVERAGE PRICE OF 2 HOMES WITH A POOL

$457,090

AVERAGE PRICE OF 17 REDUCED PRICE HOMES

Average Home

Average Price $436,002
Avg Bedrooms 3.3 beds
Avg Bathrooms 2.19 baths

Average Price by Bedrooms

1 bedroom $198,952
2 bedrooms $227,641
3 bedrooms $380,953
4 bedrooms $545,675
5 bedrooms $595,319
Federal Way Home Price Trends
  5/2019 4/2019 3/2019 2/2019 1/2019
Total Listings 339 308 265 250 241
Average Price $445,065 $436,661 $418,625 $423,531 $437,300
Avg Price Change +1.92% +4.31% -1.17% -3.25% +4.08%
Median Price $423,295 $409,714 $399,539 $381,570 $384,423
Med Price Change +3.31% +2.55% +4.71% -0.75% +1.56%
Avg Bedrooms 3.4 beds 3.37 beds 3.32 beds 3.27 beds 3.34 beds
Avg Bathrooms 2.26 baths 2.25 baths 2.24 baths 2.21 baths 2.25 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Buyer To Verify 75 $371,150 47 days
Decatur High 60 $493,704 52 days
Federal Way Snr High 52 $450,471 64 days
Thomas Jefferson Hig 3 $404,483 31 days
Todd Beamer High 63 $537,164 57 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 404 $436,002 56 days
Distressed Homes 16 $273,246 169 days
Multi-Million Dollar Homes 4 $1,695,472 84 days
Newly Built Homes 46 $607,459 85 days
Homes with a Pool 2 $1,400,000 41 days
Reduced Price Homes 17 $457,090 40 days

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