$149,500
1,250 SqFt
2 Beds
•1 Full Bath
Evelyn Holmes, Listing Office: eXp Realty
September 2024
Report Updated 30 Days Ago
Is Federal Way-Auburn, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Federal Way-Auburn has remained a Seller's Market.
How much do homes in Federal Way-Auburn, WA cost?
$573,417
$321/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
Summary: The median home sold price in Federal Way-Auburn was $573,417 in September 2024, up 5% from last year, and the median price per square foot was $321.
# BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $220K | $230K | +4.5% |
2 Bedrooms | $333.3K | $335K | 0.5% |
3 Bedrooms | $525K | $549.9K | +4.7% |
4 Bedrooms | $649.9K | $674K | +3.7% |
5+ Bedrooms | $719.9K | $760K | +5.6% |
Summary: Federal Way-Auburn housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.5%, 2 bedroom homes increased by 0.5%, 3 bedroom homes increased by 4.7%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes increased by 5.6%.
Federal Way | $550K | $593.1K | +7.8% |
Federal Way-Auburn | $546.1K | $573.4K | +5.0% |
Algona | $457.9K | $476.3K | +4.0% |
Auburn | $598.7K | $593.2K | -0.9% |
Pacific | $537.5K | $520.5K | -3.2% |
How many homes are available in Federal Way-Auburn, WA?
Aug 2024 | Sep 2024 | CHANGE |
---|---|---|
616 | 618 | 0.3% |
Summary: The Federal Way-Auburn real estate market had 618 homes for sale in September 2024, a 0.3% increase compared to August 2024.
# BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 22 | 18 | -18.2% |
2 Bedrooms | 99 | 108 | +9.1% |
3 Bedrooms | 258 | 272 | +5.4% |
4 Bedrooms | 167 | 159 | -4.8% |
5+ Bedrooms | 70 | 61 | -12.9% |
Summary: The Federal Way-Auburn housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 18.2%, 2 bedroom homes increased by 9.1%, 3 bedroom homes increased by 5.4%, 4 bedroom homes decreased by 4.8%, and 5+ bedroom homes decreased by 12.9%.
Aug 2024 | Sep 2024 | CHANGE |
---|---|---|
139 | 144 | +3.6% |
60 Homes Were Sold
Under Asking
37 Homes Were Sold
At Asking
47 Homes Were Sold
Over Asking
Summary: A total of 144 homes were sold or pending in Federal Way-Auburn in September 2024, up by 3.6% month-over-month. Of the 144 sold homes, 42% were sold under asking, 26% were sold at asking, and 33% were sold over asking.
How long does it take to sell a home in Federal Way-Auburn, WA?
Sep 2023 | Sep 2024 | CHANGE |
---|---|---|
21 Days | 37 Days | +74.7% |
Summary: Homes in Federal Way-Auburn had an average of 37 days on market in Sep 2024, up by 74.7% compared to last year.
80 Homes Were Sold
Under 30 Days
49 Homes Were Sold
In 30 - 90 Days
15 Homes Were Sold
Over 90 Days
Summary: During September 2024, 144 homes were sold in Federal Way-Auburn; 56% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.
Report Updated 30 Days Ago
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MLS Disclaimers and Copyright
Based on information from Northwest Multiple Listing Service for the period 10/01/2022 - 10/01/2024
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved.
DMCA Notice
Disclaimer: The information contained in this listing has not been verified by Rocket Homes Real Estate, LLC and should be verified by the buyer. All information deemed reliable but not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. All properties are subject to prior sale, change or withdrawal. Neither broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Days on site is calculated from the listing date of the current listing and includes the sum of market time from prior listings for the same property uninterrupted by a sale or more than 60 days off-market. Time off market, including time when a sale is pending, temporarily off market, etc. is not included.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 10/31/2024, 6:17:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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