Market report, updated

University Place, WA Homes for Sale in Communities with a Park 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 98.6% of list price in 24 days on average.

Average price, last 12 months

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

List · $1.05M Sold · $880K
$1.4M$1.1M$800K$500K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 5 sales in May. Last month: 1.

Where the market stands

All homes in this report, by status.

26homes
Active2 · 8%
Under contract1 · 4%
Sold (12 mo)23 · 88%

Buyer's or seller's market?

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

0.8months of inventory
Seller's, under 4BalancedBuyer's, over 6

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

Average price by status

Active$784K
Under contract$1.75M
Sold$830K

Average days on market

Active54 days
Under contract27 days
Sold24 days

Browse homes by status

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

Active homes

Currently for sale
Homes for sale 2
Average list price $783,975
Avg. days on market 54 days
Avg. price per ft² $356
Avg. living area 2,221 ft²
Avg. beds / baths 4.0 / 3.0

Price vs. living area

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

$900K$600K$300K$0

Price vs. living area: 2 homes plotted, up to $900K and 3,000 ft².

0 ft²1,0002,0003,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

Highest price per ft²

Top 2 homes in this status.

3102 Bridgeport Way W$377
6221 88th Avenue W$336

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
6221 88th Avenue WUniversity Place, WA 98467 332,618$879,950$33613 days
3102 Bridgeport Way WUniversity Place, WA 98466 531,824$688,000$37795 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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Next steps

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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.