The prices in real estate in Federal Way, in the Washington region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Federal Way has fallen in the last 6 months. In July, the average price per sq.feet was $226. In August this price pretty much remained the same at a value of $215 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $220.5 to $211.5 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $216 to $215 during November y December
Based upon to the price in Federal Way (cities), this has gone downing the last 6 months. The average price for July is $437,351. During August the price had a slight fall till $405,550. During the following two months (September, October) the average price fell 94 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has gone up 105 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $406,860 they are 62 % more affordable than the average price for Federal Way. The properties with the highest average price have 4 bedrooms, Their price is 27 % more costly than the average. After that we have properties with 3 bedrooms priced at $365,303.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $164 / sq.feet, with an average $215 / sq.feet price in Federal Way. The properties with the highest average prices have 1 bedroom. They are 8 % more expensive than the average followed by properties with 3 bedrooms with a price at $225 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $406,860 it is 50 % cheaper than the average price in Federal Way. "House" is seen as the second most affordable property type. The dearest property type is "Townhouse" followed by "House". At a price of $475,490 it is 30 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $178 / sq.feet followed by "Condo" priced at $217 / sq.feet. "House" is the most costly type of property with a $226 / sq.feet cost followed by "Condo" with an average price of $217 / sq.feet.