Market report, updated

University Place, WA Large Lot 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 98.4% of list price in 15 days on average.

Average price, last 12 months

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

List · $1.12M Sold · $1.05M
$1.4M$1.2M$1M$800K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 3 sales in May. Last month: 3.

Where the market stands

All homes in this report, by status.

24homes
Active10 · 42%
Under contract2 · 8%
Sold (12 mo)12 · 50%

Buyer's or seller's market?

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

6.0months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$1.11M
Under contract$1.3M
Sold$979K

Average days on market

Active131 days
Under contract202 days
Sold15 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 $1,114,755
Avg. days on market 131 days
Avg. price per ft² $316 Based on 8 of 10 homes
Avg. living area 3,576 ft² Based on 8 of 10 homes
Avg. beds / baths 4.3 / 3.3

Price vs. living area

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

2 homes didn’t report living area and aren’t shown.

$3M$2M$1M$0

Price vs. living area: 8 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.

4 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes in this status.

8926 51st Street W$451
6017 64th Street W$379
8902 65th Street W$350
4010 82nd Avenue W$343
5208 63rd Avenue Ct W$276
5808 60th Street W$253
3023 Bridgeport Way W Unit #B$238

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$4513 days
4011 Alameda AvenueUniversity Place, WA 98466 ———$825,000—31 days
3023 Bridgeport Way W Unit #BUniversity Place, WA 98466 543,500$835,050$238222 days
3023 Bridgeport Way W Unit #BUniversity Place, WA 98466 ——3,500$835,050$238222 days
4010 82nd Avenue WUniversity Place, WA 98466 322,069$710,000$34358 days
8902 65th Street WUniversity Place, WA 98467 454,702$1,650,000$35070 days
5208 63rd Avenue Ct WUniversity Place, WA 98467 ——3,984$1,100,000$276131 days
5808 60th Street WUniversity Place, WA 98467 433,548$899,950$253135 days
6017 64th Street WUniversity Place, WA 98467 422,890$1,097,500$379200 days
5415 53rd Street WUniversity Place, WA 98467 ———$1,200,000—235 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.