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Federal Way, 98003 Market Trends

Today, November 15, 2009

Median Sales Price in 98003

Embed Info
1 yr 5 yr Max
98003, Federal Way median sales prices
Number of sold homes in 98003, Federal Way
LocationNov - Jan '09y-o-y3 months prior1 year prior5 years prior
98003$262,500+0.2%$250,000$262,000$211,000
Federal Way$241,000-12.0%$265,950$274,000$202,000
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Federal Way, 98003 Summary

The median sales price for homes in ZIP code 98003 for Nov 08 to Jan 09 was $262,500. This represents an increase of 5%, or $12,500, compared to the prior quarter and an increase of 0.2% compared to the prior year. Sales prices have appreciated 24.4% over the last 5 years in 98003, Federal Way.

The median sales price of $262,500 for 98003 is 8.92% higher than the median sales price for Federal Way WA. Average listing price for homes on Trulia in ZIP code 98003 was $232,031 for the week ending Nov 04, which represents a decline of 3%, or $7,112 compared to the prior week and a decline of 5.8%, or $14,344, compared to the week ending Oct 14. Average price per square foot for homes in 98003 was $145 in the most recent quarter, which is 5.84% lower than the average price per square foot for homes in Federal Way.

 

Average Listing Price in 98003

Embed Info
1 yr 5 yr Max
98003, Federal Way average property price
98003, Federal Way – number of properties
LocationWeek ending
Nov 4
w-o-wWeek ending
Oct 28
Week ending
Oct 21
Week ending
Oct 14
98003$232,031-3.0%$239,143$245,123$246,375
Federal Way$296,112-1.3%$299,946$304,159$303,022
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Average Price Per Sqft for Homes in 98003

Embed Info
1 yr 5 yr Max
98003, Federal Way average price per square foot
LocationNov - Jan '09y-o-y3 months prior1 year prior5 years prior
98003$145-22.9%$174$188$282
Federal Way$154-16.8%$170$185$201
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Popular Zips in Federal Way

Zips Week ending
Nov 4
w-o-w Week ending
Oct 28
Week ending
Oct 21
98023 1 — 1 1
98003 2 — 2 2
98001 3 — 3 3
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Homes for Sale in 98003

30228 8th Avenue S, Federal Way WA
30228 8th…
$280,000
4 br  2 ½ ba
28118 29th Avenue S, Federal Way WA
28118 29th…
$295,000
4 br  2 ¾ ba
29844 23rd Avenue S, Federal Way WA
29844 23rd…
$235,000
2 br  1 ¾ ba
431 South 321st Place #N7, Federal Way WA
431 S 321st…
$89,950
2 br  1 ba
801 South 327th Street, Federal Way WA
801 S 327th…
$270,000
3 br  2 ½ ba
2101 South 324th Street #199, Federal Way WA
2101 S 324…
$18,950
2 br  1 ba
View all 98003 Homes for Sale
 
Stats & Trends
98003, Federal Way

Real Estate Overview

Market Trends

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Federal Way

Real Estate Overview

Homes for Sale

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  • 98001
  • 98003
  • 98023
  • 98063
  • 98093
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Nearby Cities

Cities
Median
sales price
Average
listing price
Algona
$258,836
$231,250
Auburn
$245,000
$323,649
Pacific
$271,000
$213,593
Milton
$300,000
$304,090
Kent
$259,950
$315,147
Fife
$262,270
$274,256
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Advice & Opinions

Recent Q&A in Federal Way, WA

Q: How is the commission paid for to an agent who finds a renter for a rental listing on the MLS? 2 answers
Q: I am currently in the process of looking for a condo/townhouse/stand alone with my wife and daughter. We 8 answers
Q: WIth the slower market, how important is an agent who can lease your property as well as sell it? 1 answer
Q: Where can I find useful stats on Federal Way real estate? 5 answers
Q: Does Federal Way have an Arts Commission? 2 answers

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More Advice & Opinions:
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  • Recent blog posts in Federal Way, WA
  • Find a real estate professional Federal Way, WA

Nearby Cities Real Estate

  • Algona Real Estate
  • Auburn Real Estate
  • Pacific Real Estate
  • Redondo Real Estate
  • Milton Real Estate
  • Kent Real Estate

Nearby Cities Sold Homes

  • Algona Sold Homes
  • Auburn Sold Homes
  • Pacific Sold Homes
  • Redondo Sold Homes
  • Milton Sold Homes
  • Kent Sold Homes

Nearby Cities Home Prices

  • Algona Home Prices
  • Auburn Home Prices
  • Pacific Home Prices
  • Redondo Home Prices
  • Milton Home Prices
  • Kent Home Prices

98003 Stats & Trends

  • 98003 Real Estate Overview
  • Federal Way Schools
  • Federal Way Community Info
  • Federal Way Home Prices
  • 98003 Real Estate
  • 98003 Recently Sold Homes

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Our real estate market trends page gives you a valuable overview of the Federal Way real estate market. Find Federal Way properties, sales statistics, real estate price trends, and real estate market activity. Find detailed information on Federal Way average and median listing prices, home value trends, and average price per square feet information for single family homes, condos, and other property types. Real estate market data is segmented by the number of bedrooms and Federal Way housing statistics are available for each Federal Way, WA neighborhood.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.

Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Price per Square Foot is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.