Is West Campus / Fed Way, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, West Campus / Fed Way was a Seller's Market.
Housing Prices in West Campus / Fed Way, WA
How much do homes in West Campus / Fed Way, WA cost?
Median Sold Price
$407,500
$317/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in West Campus / Fed Way was $407,500 in April 2024, up 9.4% from last year, and the median price per square foot was $317.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $223.5K | $225K | +0.7% |
2 Bedrooms | $319.9K | $322.9K | +0.9% |
3 Bedrooms | $455.5K | $440K | -3.4% |
4 Bedrooms | $635K | $680K | +7.1% |
5+ Bedrooms | $676.5K | $691K | +2.1% |
Summary: West Campus / Fed Way housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.7%, 2 bedroom homes increased by 0.9%, 3 bedroom homes decreased by 3.4%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes increased by 2.1%.
Housing Supply in West Campus / Fed Way, WA
How many homes are available in West Campus / Fed Way, WA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
20 | 27 | +35.0% |
Summary: The West Campus / Fed Way real estate market had 27 homes for sale in April 2024, a 35.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 13 | 16 | +23.1% |
3 Bedrooms | 4 | 5 | +25.0% |
4 Bedrooms | 2 | 4 | +100.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The West Campus / Fed Way housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 23.1%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 2 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in West Campus / Fed Way in April 2024, down by 50.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for West Campus / Fed Way, WA
How long does it take to sell a home in West Campus / Fed Way, WA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
34 Days | 15 Days | -56.6% |
Summary: Homes in West Campus / Fed Way had an average of 15 days on market in Apr 2024, down by 56.6% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 2 homes were sold in West Campus / Fed Way; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.