Federal Way, WA December 2009 monthly home sales stats
The month of December saw 57 home sales in Federal Way, WA. A great way to end the year!
Here are the averages-
The average square footage was 1922
The average $ per square foot was $133.49.
The average days on market was 112. The shortest sale was 1 day; the longest was 523 days.
The average original list price was $267,387.
The average list price at contract was $252,457.
The average sold price was $248,211.
The average sale price to list price percentage was 98.32%.
The lowest sales price was $55,000 and the highest sales price was $546,000.
In Federal Way there are currently 382 active listings (homes on the market without contracts)!
Based on the current active listings, if no new homes came on the market, it would take almost 7 months for the inventory to be absorbed. Which means it is a buyer's market in Federal Way. Not unlike a lot of cities in Washington State right now.
If you are interested in the real estate market in Fife, WA or the surrounding areas, whether you are selling your home or buying a home, please feel free to contact me via cell phone, text, or email. Debi Braulik at 206.949.4785 or deborah@kingpiercehomes.com. You can also follow me on Facebook- my id is DebiBraulik or via Twitter- my id is TacomaAgent.
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