Market report, updated

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

Condo, Highrise, Manufactured Home, Single Family Residential, Townhome search in the city of University Place

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Report prepared by Stevenhume.com

Market at a glance

Over the last 12 months, homes sold for 99.5% of list price in 37 days on average.

Average price, last 12 months

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

List · $704K Sold · $697K
$810K$730K$650K$570K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 38 sales in May. Last month: 30.

Where the market stands

All homes in this report, by status.

433homes
Active82 · 19%
Under contract30 · 7%
Sold (12 mo)321 · 74%

Buyer's or seller's market?

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

2.6months of inventory
Seller's, under 4BalancedBuyer's, over 6

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

Average price by status

Active$695K
Under contract$759K
Sold$693K

Average days on market

Active81 days
Under contract74 days
Sold37 days

Browse homes by status

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

Active homes

Currently for sale
Homes for sale 82
Average list price $694,989
Avg. days on market 81 days
Avg. price per ft² $338 Based on 81 of 82 homes
Avg. living area 2,137 ft² Based on 81 of 82 homes
Avg. beds / baths 3.3 / 2.6

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: 81 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.

Highest price per ft²

Top 7 homes in this status.

3311 Bridgeport Way W$677
3416 Elwood Drive W$534
2423 Day Island Boulevard W$530
8926 51st Street W$451
7215 25th Street W$451
8801 36th Street W$447
3122 Oas Drive W$440

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
2733 Sunset Dr W WUniversity Place, WA 98466 311,611$399,999$2480 days
8312 61st Street Ct WUniversity Place, WA 98467 332,138$668,000$3123 days
4601 72nd Avenue WUniversity Place, WA 98466 331,786$760,000$4252 days
4904 84th Avenue WUniversity Place, WA 98467 321,664$725,000$4354 days
7311 Chambers Creek Rd W Unit #2University Place, WA 98467 21—$89,900—3 days
8926 51st Street WUniversity Place, WA 98467 644,417$1,995,000$4514 days
4623 62nd Avenue WUniversity Place, WA 98466 443,658$925,000$2523 days
8801 36th Street WUniversity Place, WA 98466 321,308$585,000$4473 days
4615 Grandview Drive W Unit #BUniversity Place, WA 98466 22952$340,000$3575 days
1902 Bridgeport Way W Unit #104University Place, WA 98466 221,101$355,000$32294 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.