Happy to Report that, based on MLS (realtor) data, 40% of the home sales that closed in January were 40% 'standard' equity sales - not REO (bank owned) and not short sales .. yeah!! That's the good news. The other news is that we have a 13 month supply of homes based on active listings to closed sales for the month. Inventory is increasing.

The average home price for closed sales was $279,000, and the days on market average was

On Feb 1, 2010 we had 318 homes Active Listings for sale with a median average price of $280,000 .. prices range from a low of $79,999 to a high of $1,690,000. We had 59 Pending Sales, with the median average price of $224,000.

Buyers are in a great position right now .. rates, inventory of all kinds and agents eager to help them! Not to mention the Federal Tax Credits available through April 30th.

 

Federal Way Centerstage Theatre - Take Your Sweetie on a Date!
02/02/2010
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The romantic comedy "I Love You Because" is being performed Feb 5 - 21 at the Knutzen Family Theatre at Dumas Bay, which is a fantastic setting in Federal Way. for more details, and to see about buying tickets, please go directly to the… more
Federal Way WA Distressed Home Sales Stats
01/25/2010
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People ask me all the time "How's the Market? " An important part of any answer to that question would include the percentage of homes on the market that are in a distressed situation. (Foreclosures being homes that are on the market and owned by a… more
 
Diphoto

Diane Kawell

Federal Way, WA

More about me…

Windermere Real Estate / West Campus / Federal Way WA

Address: 33310 First Way S #200, Federal Way, WA, 98003

Office Phone: (253) 838-7900 x 224

Cell Phone: (206) 794-0844

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