Market report, updated

University Place, WA Bay View Homes for Sale Real Estate Market Report: Price Trends and Data Analysis

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Report prepared by Stevenhume.com

Market at a glance

Over the last 12 months, homes sold for 96.9% of list price in 29 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $850K Sold · $850K
$1.7M$1.4M$1.1M$800K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 4 sales in May. Last month: 1.

Where the market stands

All homes in this report, by status.

22homes
Active4 · 18%
Under contract2 · 9%
Sold (12 mo)16 · 73%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

2.0months of inventory
Seller's, under 4BalancedBuyer's, over 6

Homes are selling quickly, which favors sellers in this market.

Average price by status

Active$975K
Under contract$758K
Sold$1.24M

Average days on market

Active198 days
Under contract70 days
Sold29 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 4
Average list price $974,987
Avg. days on market 198 days
Avg. price per ft² $434 Based on 3 of 4 homes
Avg. living area 2,562 ft² Based on 3 of 4 homes
Avg. beds / baths 3.7 / 2.7

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

1 home didn’t report living area and isn’t shown.

$3M$2M$1M$0

Price vs. living area: 3 homes plotted, up to $3M and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

1 home didn’t report bedrooms and isn’t shown.

Highest price per ft²

Top 3 homes in this status.

2423 Day Island Boulevard W$530
8926 51st Street W$451
1902 Bridgeport Way W Unit #104$322

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
8926 51st Street WUniversity Place, WA 98467 644,417$1,995,000$4514 days
1902 Bridgeport Way W Unit #104University Place, WA 98466 221,101$355,000$32294 days
Lemons Beach Road WUniversity Place, WA 98466 ———$399,950—165 days
2423 Day Island Boulevard WUniversity Place, WA 98466 322,168$1,150,000$530528 days
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Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

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Based on information submitted to the MLS GRID as of . 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.
IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.