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Friday, March 14, 2025

South Federal Way (unincorporated) home prices rise in the first quarter of 2018

Webp realestate077

The median sale price of a home sold in the first quarter of 2018 in South Federal Way (unincorporated) rose by $34,250 while total sales decreased by 55.6%, according to BlockShopper.com.

From January through March of 2018, there were eight homes sold, with a median sale price of $355,000 - a 10.7% increase over the $320,750 median sale price for the same period of the previous year. There were 18 homes sold in South Federal Way (unincorporated) in the first quarter of 2017.

The median sales tax in South Federal Way (unincorporated) for the most recent year with available data, 2016, was $3,729, approximately 1.1% of the median home sale price for the first quarter of 2018.

The following table compares South Federal Way (unincorporated) to other King County cities with similar median sales prices in the first quarter of 2018:

CityJan. - Mar. 2018 Home SalesJan. - Mar. 2017 Home Sales% change (Total Home Sales)Jan. - Mar. 2018 Median Sales PriceJan. - Mar. 2017 Median Sales Price% change (Median Sales Price)
White Center (unincorporated)1926-26.9%$390,000$318,00022.6%
Seatac2547-46.8%$385,000$315,00022.2%
Ravensdale (unincorporated)35-40%$375,000$535,000-29.9%
Auburn (unincorporated)4350-14%$374,000$316,80018.1%
Federal Way103205-49.8%$362,000$340,0006.5%
South Federal Way (unincorporated)818-55.6%$355,000$320,75010.7%
Auburn72152-52.6%$354,525$308,50014.9%
Covington3973-46.6%$335,000$325,0003.1%
Milton23-33.3%$327,500$350,000-6.4%
Pacific78-12.5%$315,000$257,00022.6%
Tukwila1532-53.1%$313,000$332,000-5.7%

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