| Location | Nov - Jan '09 | y-o-y | 3 months prior | 1 year prior | 5 years prior |
|---|---|---|---|---|---|
| 98023 | $240,000 | -15.6% | $288,927 | $284,214 | $200,000 | Federal Way | $241,000 | -12.0% | $265,950 | $274,000 | $202,000 |
Federal Way, 98023 Market Trends
Today, November 24, 2009
Federal Way, 98023 Summary
The median sales price for homes in ZIP code 98023 for Nov 08 to Jan 09 was $240,000. This represents a decline of 16.9%, or $48,927, compared to the prior quarter and a decrease of 15.6% compared to the prior year. Sales prices have appreciated 20% over the last 5 years in 98023, Federal Way.
The median sales price of $240,000 for 98023 is 0.41% lower than the median sales price for Federal Way WA. Average listing price for homes on Trulia in ZIP code 98023 was $344,850 for the week ending Nov 18, which represents a decline of 1.2%, or $4,312 compared to the prior week and a decline of 1.5%, or $5,242, compared to the week ending Oct 28. Average price per square foot for homes in 98023 was $159 in the most recent quarter, which is 3.25% higher than the average price per square foot for homes in Federal Way.
| Location | Week ending Nov 18 | w-o-w | Week ending Nov 11 | Week ending Nov 4 | Week ending Oct 28 |
|---|---|---|---|---|---|
| 98023 | $344,850 | -1.2% | $349,162 | $348,041 | $350,092 | Federal Way | $290,974 | -2.1% | $297,260 | $296,112 | $299,946 |
| Location | Nov - Jan '09 | y-o-y | 3 months prior | 1 year prior | 5 years prior |
|---|---|---|---|---|---|
| 98023 | $159 | -13.1% | $167 | $183 | $130 | Federal Way | $154 | -16.8% | $170 | $185 | $201 |
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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. |
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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. |
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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. |
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