Market report, updated
University Place, WA Real Estate Market Report: Price Trends and Data Analysis
Search in the city of University Place
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 · $712K
Sold · $705K
$780K$710K$640K$570K
NovDecJanFebMarAprMayJunJulAugSepOct
Homes sold per month
Closed sales, last 12 months.
Peak: 39 sales in May. Last month: 31.
Where the market stands
All homes in this report, by status.
454homes
Buyer's or seller's market?
Months it would take to sell every active home at the pace of the last 6 months.
2.7months 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
90
Average list price
$710,462
Avg. days on market
84 days
Avg. price per ft²
$336
Based on 85 of 90 homes
Avg. living area
2,186 ft²
Based on 85 of 90 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.
5 homes didn’t report living area and aren’t shown.
How long homes have been listed
Number of homes by days on market.
Bedroom mix
Number of homes by bedroom count.
9 homes didn’t report bedrooms and aren’t shown.
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
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 |
|---|---|---|---|---|---|---|
| 8315 Cirque Drive W Unit #1University Place, WA 98467 | 2 | 2 | 1,010 | $303,950 | $300 | 89 days |
| 3517 Oas Drive WUniversity Place, WA 98466 | 3 | 2 | 1,596 | $595,000 | $372 | 113 days |
| 2733 Sunset Dr W WUniversity Place, WA 98466 | 3 | 1 | 1,611 | $399,999 | $248 | 1 day |
| 8312 61st Street Ct WUniversity Place, WA 98467 | 3 | 3 | 2,138 | $668,000 | $312 | 4 days |
| 4601 72nd Avenue WUniversity Place, WA 98466 | 3 | 3 | 1,786 | $760,000 | $425 | 4 days |
| 4904 84th Avenue WUniversity Place, WA 98467 | 3 | 2 | 1,664 | $725,000 | $435 | 5 days |
| 7311 Chambers Creek Rd W Unit #2University Place, WA 98467 | 2 | 1 | — | $89,900 | — | 5 days |
| 8926 51st Street WUniversity Place, WA 98467 | 6 | 4 | 4,417 | $1,995,000 | $451 | 5 days |
| 4623 62nd Avenue WUniversity Place, WA 98466 | 4 | 4 | 3,658 | $925,000 | $252 | 5 days |
| 8801 36th Street WUniversity Place, WA 98466 | 3 | 2 | 1,308 | $585,000 | $447 | 5 days |
Under contract homes
Pending and contingent sales
Homes under contract
34
Average list price
$750,144
Avg. days on market
76 days
Based on 33 of 34 homes
Avg. price per ft²
$349
Based on 33 of 34 homes
Avg. living area
2,276 ft²
Based on 33 of 34 homes
Avg. beds / baths
3.3 / 2.5
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.
Days on market before going under contract
Number of homes by days on market.
1 home didn’t report days on market and isn’t shown.
Bedroom mix
Number of homes by bedroom count.
2 homes didn’t report bedrooms and aren’t shown.
Highest price per ft²
Top 7 homes in this status.
2711 Day Island Boulevard W$849
3719 Olympic Boulevard W$502
8815 37TH Street W$492
2903 Crystal Springs Road W$417
8308 63rd St. W.$393
6712 53rd Street W$385
5708 60th Street W$365
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 |
|---|---|---|---|---|---|---|
| 3730 Tahoma Place WUniversity Place, WA 98466 | 4 | 2 | 2,568 | $750,000 | $292 | 1 day |
| 3826 67th Avenue Ct WUniversity Place, WA 98466 | 2 | 2 | 1,704 | $619,000 | $363 | — |
| 8815 37TH Street WUniversity Place, WA 98466 | 3 | 2 | 1,320 | $649,900 | $492 | 11 days |
| 6317 83rd Avenue WUniversity Place, WA 98467 | 3 | 3 | 2,055 | $639,000 | $310 | 11 days |
| 7408 64th St Court WUniversity Place, WA 98467 | 3 | 3 | 2,409 | $700,000 | $290 | 7 days |
| 2210 Mountain View Avenue WUniversity Place, WA 98466 | 4 | 3 | 2,582 | $814,950 | $315 | 15 days |
| 5708 60th Street WUniversity Place, WA 98467 | 3 | 3 | 1,904 | $695,000 | $365 | 166 days |
| 5111 Royal Drive WUniversity Place, WA 98467 | 3 | 3 | 2,067 | $660,000 | $319 | 17 days |
| 9806 57th Street Ct WUniversity Place, WA 98467 | 3 | 2 | 2,159 | $749,500 | $347 | 6 days |
| 6401 91st Avenue Ct WUniversity Place, WA 98467 | 3 | 2 | 2,330 | $795,000 | $341 | 63 days |
Sold homes
Closed in the last 12 months
Homes sold
330
Average sold price
$693,799
Avg. days to sell
37 days
Sold vs. list price
99.5%
Avg. price per ft²
$346
Avg. living area
2,119 ft²
Price vs. living area
Each dot is one of the 250 newest homes. Hover a dot for its address, click it to see the home.
3 homes didn’t report living area and aren’t shown.
How long homes took to sell
Number of homes by days on market.
Bedroom mix
Number of homes by bedroom count.
10 homes didn’t report bedrooms and aren’t shown.
Highest price per ft²
Top 7 homes among the newest.
2712 67th Avenue W$764
4430 Sunset Beach Road W$747
2707 Day Island Blvd W$746
1838 Day Island Boulevard W$709
4420 Sunset Beach Road W$622
3111 Greenwood Avenue W$598
Address not available$573
Sold price vs. list price
How close homes sold to their asking price.
All sold listings (330)
Click a column to sort
The map shows the 249 newest homes with a location. Click a marker for the home.
| Address | Beds | Baths | Living ft² | Sold price | Sold / list | $ / ft² | Days to sell |
|---|---|---|---|---|---|---|---|
| 3537 Locust Avenue WUniversity Place, WA 98466 | 3 | 2 | 1,920 | $553,000 | 100.5% | $288 | 5 days |
| 6242 71st Avenue Ct WUniversity Place, WA 98467 | 4 | 3 | 1,692 | $545,000 | 98.2% | $322 | 215 days |
| 5004 63rd Avenue WUniversity Place, WA 98467 | 4 | 3 | 2,000 | $630,000 | 95.9% | $315 | 32 days |
| 1911 -1915 Willow Lane WUniversity Place, WA 98466 | — | — | 3,548 | $915,000 | 96.3% | $257 | 106 days |
| 8604 W 45THUniversity Place, WA 98466 | 4 | 2 | 1,554 | $590,000 | 100.0% | $379 | 29 days |
| 7211 44th Street WUniversity Place, WA 98466 | 3 | 2 | 1,352 | $525,000 | 92.3% | $388 | 41 days |
| 4440 Paradise Avenue WUniversity Place, WA 98466 | 3 | 4 | 3,874 | $850,000 | 100.0% | $219 | 6 days |
| 3140 Elwood Drive WUniversity Place, WA 98466 | 3 | 2 | 1,259 | $650,000 | 100.2% | $516 | 44 days |
| 3116 Crystal Springs Road WUniversity Place, WA 98466 | 4 | 3 | 2,382 | $754,000 | 99.3% | $316 | 49 days |
| 6305 75th Avenue Ct WUniversity Place, WA 98467 | 4 | 3 | 1,880 | $630,000 | 100.8% | $335 | 88 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.