Market report, updated
University Place, WA Tacoma School District Homes for Sale Real Estate Market Report: Price Trends and Data Analysis
Search in the city of University Place, in the school district of Tacoma
Report prepared by
Stevenhume.com
Market at a glance
Over the last 12 months, homes sold for 98.9% of list price in 61 days on average.
Average price, last 12 months
What sellers asked vs. what homes actually sold for, by closing month.
List · $680K
Sold · $670K
$790K$720K$650K$580K
NovDecJanFebMarAprMayJunJulAugSepOct
Homes sold per month
Closed sales, last 12 months.
Peak: 7 sales in Aug. Last month: 2.
Where the market stands
All homes in this report, by status.
73homes
Buyer's or seller's market?
Months it would take to sell every active home at the pace of the last 6 months.
3.6months 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
18
Average list price
$727,075
Avg. days on market
93 days
Avg. price per ft²
$320
Based on 17 of 18 homes
Avg. living area
2,230 ft²
Based on 17 of 18 homes
Avg. beds / baths
3.4 / 2.4
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.
How long homes have been listed
Number of homes by days on market.
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.
6925 52nd Avenue W$407
6204 53rd Street Ct W$387
5220 64th Street W$380
6017 64th Street W$379
6341 53rd Avenue W$371
5207 66th Avenue Ct W$351
5024 66th Avenue W$346
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 |
|---|---|---|---|---|---|---|
| 5207 66th Avenue Ct WUniversity Place, WA 98467 | 4 | 3 | 2,178 | $764,997 | $351 | 9 days |
| 4345 67th Avenue WUniversity Place, WA 98466 | 5 | 3 | 2,844 | $749,500 | $263 | 18 days |
| 4345 67th Avenue WUniversity Place, WA 98466 | — | — | 2,844 | $749,500 | $263 | 22 days |
| 5024 66th Avenue WUniversity Place, WA 98467 | 3 | 2 | 2,165 | $750,000 | $346 | 24 days |
| 6341 53rd Avenue WUniversity Place, WA 98467 | 3 | 2 | 2,018 | $749,975 | $371 | 11 days |
| 8315 Cirque Drive W Unit #1University Place, WA 98467 | 2 | 2 | 1,010 | $305,000 | $301 | 88 days |
| 5220 64th Street WUniversity Place, WA 98467 | 2 | 1 | 1,710 | $649,995 | $380 | 52 days |
| 6326 61st Street WUniversity Place, WA 98467 | 4 | 3 | 2,421 | $679,000 | $280 | 52 days |
| 5108 60th Avenue Ct WUniversity Place, WA 98467 | 4 | 3 | 2,105 | $620,000 | $294 | 61 days |
| 5204 53rd Street WUniversity Place, WA 98467 | 2 | 3 | 2,232 | $727,000 | $325 | 81 days |
Under contract homes
Pending and contingent sales
Homes under contract
4
Average list price
$613,737
Avg. days on market
128 days
Avg. price per ft²
$327
Based on 3 of 4 homes
Avg. living area
2,026 ft²
Based on 3 of 4 homes
Avg. beds / baths
4.0 / 2.7
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.
Bedroom mix
Number of homes by bedroom count.
1 home didn’t report bedrooms and isn’t shown.
Highest price per ft²
Top 3 homes in this status.
5708 60th Street W$365
4911 64th Avenue W$341
6410 63rd Street W$277
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 |
|---|---|---|---|---|---|---|
| 5708 60th Street WUniversity Place, WA 98467 | 3 | 3 | 1,904 | $695,000 | $365 | 168 days |
| 6410 63rd Street WUniversity Place, WA 98467 | 6 | 3 | 2,596 | $719,950 | $277 | 52 days |
| 4911 64th Avenue WUniversity Place, WA 98467 | 3 | 2 | 1,580 | $540,000 | $341 | 105 days |
| 57th Ave WUniversity Place, WA 98467 | — | — | — | $500,000 | — | 186 days |
Sold homes
Closed in the last 12 months
Homes sold
51
Average sold price
$647,915
Avg. days to sell
61 days
Sold vs. list price
98.9%
Avg. price per ft²
$313
Based on 50 of 51 homes
Avg. living area
2,182 ft²
Based on 50 of 51 homes
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.
How long homes took to sell
Number of homes by days on market.
Bedroom mix
Number of homes by bedroom count.
1 home didn’t report bedrooms and isn’t shown.
Highest price per ft²
Top 7 homes in this status.
4920 63rd Avenue W$408
5008 65th Avenue W$407
6523 55th Street Ct W$399
5523 53rd Street W$397
5204 65th Avenue W$388
6925 52nd W Unit #1$374
1521 S Geiger Street$373
Sold price vs. list price
How close homes sold to their asking price.
All sold 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 | Sold price | Sold / list | $ / ft² | Days to sell |
|---|---|---|---|---|---|---|---|
| 5004 63rd Avenue WUniversity Place, WA 98467 | 4 | 3 | 2,000 | $630,000 | 95.9% | $315 | 32 days |
| 5505 64th Street WUniversity Place, WA 98467 | 3 | 4 | 3,107 | $929,000 | 96.9% | $299 | 206 days |
| 5204 65th Avenue WUniversity Place, WA 98467 | 2 | 2 | 1,056 | $410,000 | 102.5% | $388 | 33 days |
| 6201 53rd Street Ct WUniversity Place, WA 98467 | 5 | 3 | 3,894 | $809,000 | 101.3% | $207 | 4 days |
| 5717 60th Street Ct WUniversity Place, WA 98467 | 3 | 2 | 1,884 | $485,000 | 97.2% | $257 | 174 days |
| 6533 63rd Street WUniversity Place, WA 98467 | 4 | 3 | 2,314 | $673,375 | 99.8% | $291 | 60 days |
| 6109 50th St Court WUniversity Place, WA 98467 | 5 | 3 | 2,377 | $814,450 | 98.7% | $342 | 22 days |
| 5310 66th Avenue WUniversity Place, WA 98467 | 4 | 4 | 2,551 | $610,000 | 100.0% | $239 | 242 days |
| 5221 64th Street WUniversity Place, WA 98467 | 3 | 3 | 1,546 | $505,000 | 96.2% | $326 | 64 days |
| 5807 60th St WUniversity Place, WA 98467 | 4 | 3 | 2,960 | $890,000 | 98.9% | $300 | 36 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.