Federal Way, WA October 2009 home sales

In Federal Way, WA there were 59 home sales in October 2009.

Here are the averages-

The average square footage was 1844.

The average $ per square foot was $142.93.

The average days on market is 117.

The average original list price was $268,869.

The average list price at contract was $254,514.

The average sold price was $249,583.

The average sale price to list price percentage was 98.06%.

The lowest sales price was $110,000 and the highest sales price was $470,000.

There are currently 368 active listings (homes on the market without contracts) in Federal Way. Of these, 249 are listed at $350,000 or less. The minimum list price is $59,900 and the maximum list price is $1,690,000.

Based on the current active listings, if no new homes came on the market, it would take over 6 months for the inventory to be absorbed which means it is still a buyers market in Federal Way.

If you are interested in selling or buying a home in Federal Way, WA - please feel free to contact me via cell phone, text, or email.