Market report, updated

Market Report

Search in the city of University Place

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Report prepared by Timmckeownrealestatepnw.com Real Broker LLC

Market at a glance

Over the last 6 months, homes sold for 99.4% of list price in 38 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.

Sold tab (last 6 months) Earlier

Peak: 39 sales in May. Last month: 31.

Where the market stands

All homes in this report, by status.

316homes
Active89 · 28%
Under contract39 · 12%
Sold (6 mo)188 · 59%

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

Active$725K
Under contract$742K
Sold$709K

Average days on market

Active83 days
Under contract73 days
Sold38 days

Browse homes by status

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

Active homes

Currently for sale
Homes for sale 89
Average list price $724,514
Avg. days on market 83 days
Avg. price per ft² $337 Based on 84 of 89 homes
Avg. living area 2,219 ft² Based on 84 of 89 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.

$3M$2M$1M$0

Price vs. living area: 84 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.

10 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
AddressBedsBathsLiving ft²List price$ / ft²Days on market
2629 Lemons Beach Road WUniversity Place, WA 98466 344,200$1,500,000$3570 days
3826 67th Avenue Ct WUniversity Place, WA 98466 221,704$619,000$3630 days
6523 61st Street WUniversity Place, WA 98467 432,354$749,950$3180 days
4505 72nd Avenue Ct WUniversity Place, WA 98466 422,050$750,000$3650 days
3118 Morrison Road W Unit #A-DUniversity Place, WA 98466 ——4,704$1,395,000$2961 day
8315 Cirque Drive W Unit #1University Place, WA 98467 221,010$303,950$30091 days
3517 Oas Drive WUniversity Place, WA 98466 321,596$595,000$372115 days
8312 61st Street Ct WUniversity Place, WA 98467 332,138$668,000$3126 days
4601 72nd Avenue WUniversity Place, WA 98466 331,786$760,000$4256 days
7311 Chambers Creek Rd W Unit #2University Place, WA 98467 21—$89,900—7 days
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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.