Market report, updated
University Place, WA Luxury 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 having price at least $1,000,000
Report prepared by
Stevenhume.com
Market at a glance
Over the last 12 months, homes sold for 97.2% of list price in 27 days on average.
Average price, last 12 months
What sellers asked vs. what homes actually sold for, by closing month.
List · $1.22M
Sold · $1.11M
$1.9M$1.6M$1.3M$1M
NovDecJanFebMarAprMayJunJulAugSepOct
Homes sold per month
Closed sales, last 12 months.
Peak: 7 sales in Jun. Last month: 2.
Where the market stands
All homes in this report, by status.
31homes
Buyer's or seller's market?
Months it would take to sell every active home at the pace of the last 6 months.
1.7months of inventory
Seller's, under 4BalancedBuyer's, over 6
Homes are selling quickly, which favors sellers in this market.
Average price by status
Average days on market
Browse homes by status
Choose a status to see its numbers, charts and listings.
Active homes
Currently for sale
Homes for sale
5
Average list price
$1,428,500
Avg. days on market
173 days
Avg. price per ft²
$402
Avg. living area
3,662 ft²
Avg. beds / baths
4.4 / 3.4
Price vs. living area
Each dot is a home. Hover a dot for its address, click it to see the home.
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 5 homes in this status.
2423 Day Island Boulevard W$530
8926 51st Street W$451
6017 64th Street W$379
8902 65th Street W$350
6916 50th St W$302
All active listings
Click a column to sort
Every home in this list is on the map. Click a marker for the home.
| Address | Beds | Baths | Living ft² | List price | $ / ft² | Days on market |
|---|---|---|---|---|---|---|
| 8926 51st Street WUniversity Place, WA 98467 | 6 | 4 | 4,417 | $1,995,000 | $451 | 4 days |
| 8902 65th Street WUniversity Place, WA 98467 | 4 | 5 | 4,702 | $1,650,000 | $350 | 71 days |
| 6916 50th St WUniversity Place, WA 98467 | 5 | 4 | 4,136 | $1,250,000 | $302 | 62 days |
| 6017 64th Street WUniversity Place, WA 98467 | 4 | 2 | 2,890 | $1,097,500 | $379 | 201 days |
| 2423 Day Island Boulevard WUniversity Place, WA 98466 | 3 | 2 | 2,168 | $1,150,000 | $530 | 528 days |
Under contract homes
Pending and contingent sales
Homes under contract
2
Average list price
$1,925,000
Avg. days on market
123 days
Avg. price per ft²
$339
Avg. living area
5,655 ft²
Avg. beds / baths
3.5 / 4.5
Price vs. living area
Each dot is a home. Hover a dot for its address, click it to see the home.
Days on market before going under contract
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.
6405 84th Avenue Ct W$363
4627 Wayneworth Street W$316
All under contract listings
Click a column to sort
Every home in this list is on the map. Click a marker for the home.
| Address | Beds | Baths | Living ft² | List price | $ / ft² | Days on market |
|---|---|---|---|---|---|---|
| 4627 Wayneworth Street WUniversity Place, WA 98466 | 3 | 4 | 5,535 | $1,750,000 | $316 | 28 days |
| 6405 84th Avenue Ct WUniversity Place, WA 98467 | 4 | 5 | 5,775 | $2,100,000 | $363 | 218 days |
Sold homes
Closed in the last 12 months
Homes sold
24
Average sold price
$1,273,860
Avg. days to sell
27 days
Sold vs. list price
97.2%
Avg. price per ft²
$442
Avg. living area
3,101 ft²
Price vs. living area
Each dot is a home. Hover a dot for its address, click it to see the home.
How long homes took to sell
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.
4430 Sunset Beach Road W$747
2707 Day Island Blvd W$746
1838 Day Island Boulevard W$709
4420 Sunset Beach Road W$622
Address not available$573
1920 Day Island Boulevard W$547
1816 Day Island Boulevard W$509
Sold price vs. list price
How close homes sold to their asking price.
All sold listings
Click a column to sort
23 of 24 homes have a map location. Click a marker for the home.
| Address | Beds | Baths | Living ft² | Sold price | Sold / list | $ / ft² | Days to sell |
|---|---|---|---|---|---|---|---|
| 3662 82nd Avenue Ct WUniversity Place, WA 98466 | 5 | 4 | 4,370 | $880,000 | 83.8% | $201 | 4 days |
| 4420 Sunset Beach Road WUniversity Place, WA 98466 | 3 | 2 | 2,152 | $1,340,000 | 95.8% | $622 | 21 days |
| 1920 Day Island Boulevard WUniversity Place, WA 98466 | 5 | 3 | 3,014 | $1,650,000 | 91.7% | $547 | 60 days |
| 4430 Sunset Beach Road WUniversity Place, WA 98466 | 2 | 2 | 1,404 | $1,050,000 | 95.5% | $747 | 54 days |
| 8615 43rd Street WUniversity Place, WA 98466 | 4 | 3 | 2,872 | $1,075,000 | 97.7% | $374 | 34 days |
| 3523 71st Avenue WUniversity Place, WA 98466 | 4 | 4 | 3,882 | $1,340,000 | 98.5% | $345 | 39 days |
| 3622 Olympic Boulevard WUniversity Place, WA 98466 | 4 | 2 | 2,491 | $1,050,000 | 95.5% | $421 | 7 days |
| 1838 Day Island Boulevard WUniversity Place, WA 98466 | 3 | 3 | 2,160 | $1,532,500 | 90.7% | $709 | 66 days |
| 2707 Day Island Blvd WUniversity Place, WA 98466 | 2 | 2 | 1,440 | $1,075,000 | 97.7% | $746 | 7 days |
| 3717 Olympic Boulevard WUniversity Place, WA 98466 | 4 | 4 | 3,710 | $1,300,000 | 93.2% | $350 | 16 days |
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.
Stevenhume.com
Next steps
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.