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Tim Garber
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Federal Way Market Report

$419,359

AVERAGE PRICE OF 291 HOMES

$325,707

AVERAGE PRICE OF 12 DISTRESSED HOMES

$1,527,444

AVERAGE PRICE OF 2 MULTI-MILLION DOLLAR HOMES

$586,014

AVERAGE PRICE OF 52 NEWLY BUILT HOMES

$475,692

AVERAGE PRICE OF 7 REDUCED PRICE HOMES

Average Home

Average Price $419,359
Avg Bedrooms 3.34 beds
Avg Bathrooms 2.23 baths

Average Price by Bedrooms

1 bedroom $170,941
2 bedrooms $210,440
3 bedrooms $355,696
4 bedrooms $526,313
5 bedrooms $633,900
Federal Way Home Price Trends
  2/2019 1/2019 12/2018 11/2018 10/2018
Total Listings 250 241 288 371 434
Average Price $423,531 $437,300 $420,166 $420,034 $421,276
Avg Price Change -3.25% +4.08% +0.03% -0.30% -0.93%
Median Price $381,570 $384,423 $378,520 $383,644 $381,225
Med Price Change -0.75% +1.56% -1.35% +0.63% -0.56%
Avg Bedrooms 3.27 beds 3.34 beds 3.33 beds 3.38 beds 3.4 beds
Avg Bathrooms 2.21 baths 2.25 baths 2.2 baths 2.21 baths 2.23 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Buyer To Verify 64 $354,299 53 days
Decatur High 52 $457,031 61 days
Federal Way Snr High 40 $374,178 80 days
Thomas Jefferson Hig 3 $218,333 37 days
Todd Beamer High 41 $547,918 73 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 291 $419,359 66 days
Distressed Homes 12 $325,707 164 days
Multi-Million Dollar Homes 2 $1,527,444 83 days
Newly Built Homes 52 $586,014 95 days
Reduced Price Homes 7 $475,692 87 days
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