Federal Way Real Estate Market Sees Sales Up

Over the last 30 days, the Federal Way market was healthy with 132 homes sold, a 5.6% increase from last week's report. Within the same time frame, Tacoma had 328 sales, the most of all cities in the area. The median sales price dropped to $300,500, down from last week's $307,000. The rising sales and a low two months of inventory point to Federal Way being a definite seller's market.

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Demographic facts for Federal Way:

  • The average elevation is 331 ft.
  • The median income is $55,366 per household.
  • For every counselor there are 707 students in this area. (513 = national average)

Data reported through 10/12/2016

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Best Choice Realty LLC
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RE USA NW
Snapped 1 home in this area
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