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Federal Way houses increase in price, sales from last year

Published 5:03 pm Thursday, August 27, 2015

Federal Way house costs have increased 16.2 percent jump and sales have increased by 24.3 percent compared to last July.
Federal Way house costs have increased 16.2 percent jump and sales have increased by 24.3 percent compared to last July.

Redfin published its July Housing Market Tracker, showing a 16.2 percent jump in Federal Way home prices and 24.3 percent increase in home sales year over year.

Here is a snapshot of the numbers in Federal Way compared to the same time last year:

• The median price for all homes was $272,000.

• 138 homes sold in the city.

• Homes spent a median 13 days on the market.

The Redfin data is from July only and reflects an unvarnished, timely snapshot of the market.

 

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