Market report, updated

University Place, WA Homes for Sale on Acreage 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 99.6% of list price in 30 days on average.

Average price, last 12 months

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

List · $900K Sold · $920K
$1.02M$950K$880K$810K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 1 sale in Jun. Last month: 1.

Where the market stands

All homes in this report, by status.

6homes
Active2 · 33%
Under contract1 · 17%
Sold (12 mo)3 · 50%

Buyer's or seller's market?

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

4.0months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$1.15M
Under contract$500K
Sold$904K

Average days on market

Active186 days
Under contract189 days
Sold30 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 $1,150,000
Avg. days on market 186 days
Avg. price per ft² $276 Based on 1 of 2 homes
Avg. living area 3,984 ft² Based on 1 of 2 homes
Avg. beds / baths Not enough data

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.

$1.5M$1M$500K$0

Price vs. living area: 1 home plotted, up to $1.5M 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.

Not enough data to chart this.

Highest price per ft²

Top 1 home in this status.

5208 63rd Avenue Ct W$276

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
5208 63rd Avenue Ct WUniversity Place, WA 98467 ——3,984$1,100,000$276133 days
5415 53rd Street WUniversity Place, WA 98467 ———$1,200,000—238 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.