Market report, updated

University Place, WA Gated Community 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 97.9% of list price in 50 days on average.

Average price, last 12 months

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

List · $650K Sold · $575K
$1.3M$1M$700K$400K
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.

47homes
Active10 · 21%
Under contract9 · 19%
Sold (12 mo)28 · 60%

Buyer's or seller's market?

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

3.0months of inventory
Seller's, under 4BalancedBuyer's, over 6

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

Average price by status

Active$485K
Under contract$787K
Sold$652K

Average days on market

Active69 days
Under contract114 days
Sold50 days

Browse homes by status

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

Active homes

Currently for sale
Homes for sale 10
Average list price $484,685
Avg. days on market 69 days
Avg. price per ft² $326
Avg. living area 1,472 ft²
Avg. beds / baths 2.5 / 2.2

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: 10 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 7 homes in this status.

5610 W 61ST Avenue$410
6903 51st Street Ct W$354
3817 67th Avenue Ct W$333
8323 Cirque Drive W Unit #2$329
1902 Bridgeport Way W Unit #104$322
8801 27th Street W Unit #9B$313
8312 61st Street Ct W$312

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
8312 61st Street Ct WUniversity Place, WA 98467 332,138$668,000$3123 days
1902 Bridgeport Way W Unit #104University Place, WA 98466 221,101$355,000$32294 days
6317 83rd Avenue WUniversity Place, WA 98467 332,055$639,000$31011 days
3817 67th Avenue Ct WUniversity Place, WA 98466 221,704$568,000$333156 days
8801 27th Street W Unit #9BUniversity Place, WA 98466 321,500$469,950$31328 days
8315 Cirque Drive W Unit #1University Place, WA 98467 221,010$305,000$30187 days
8323 Cirque Drive W Unit #2University Place, WA 98467 22933$307,000$32942 days
6903 51st Street Ct WUniversity Place, WA 98467 321,692$599,950$35473 days
8305 Cirque Drive W Unit #4University Place, WA 98467 221,010$284,950$28286 days
5610 W 61ST AvenueUniversity Place, WA 98467 321,583$650,000$410114 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.