98023 Housing Market Analysis, Real Estate Trends.

Wondering how competitive the 98023 real estate market is? Learn about how quickly homes sell in 98023, do they sell above or below list price, median price of homes in 98023, price growth of homes over time and more...


Last Week in 98023

New Listings
17
Sold
17
Median Sale Price
$675k
Median Sale Price/Sqft
$265/sqft

$ per Sq Ft in 98023

$265/sqft

Median price per sqft for homes in 98023 decreased by 3.63% over the past 12 weeks.

last 12 weeks
-3.63%
last 12 months
+16.21%
last 3 years
+41.83%

Median Sale Price in 98023

$675,000

Median sale price for homes in 98023 increased by 9.76% over the past 12 weeks.

last 12 weeks
+9.76%
last 12 months
+25%
last 3 years
+44.74%

Supply vs Demand in 98023

New Last Month
83
Sold Last Month
95

Number of new homes coming on the market each month in 98023 decreased by 16.16%, while number of homes sold each month increased by 23.38% over the past 12 months.

Top Price Drops In 98023

There are currently no homes with price drops in 98023.

Median Days on Market in 98023

7 days

In the past 12 weeks median days on market decreased by 65% from 20 days to 7 days.

last 12 weeks
-65%
last 12 months
-44.19%
last 3 years
-48.94%

Sale Price Vs List Price in 98023

Homes are selling in 98023 for
7.0% over list price

In the past 12 weeks homes in 98023 have sold from 8.0% to 7.0% over list price.

last 12 weeks
last 12 months
last 3 years

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Frequently Asked Questions about 98023, Federal Way



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Listed by RE/MAX Alliance (MLS#: 1619618)
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