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University Place Market Report

$654,443

AVERAGE PRICE OF 67 HOMES

$1,415,833

AVERAGE PRICE OF 6 MULTI-MILLION DOLLAR HOMES

$2,695,000

AVERAGE PRICE OF 1 NEWLY BUILT HOMES

$587,475

AVERAGE PRICE OF 2 REDUCED PRICE HOMES

Average Home

Average Price $654,443
Avg Bedrooms 2.84 beds
Avg Bathrooms 2.21 baths

Average Price by Bedrooms

2 bedrooms $371,690
3 bedrooms $611,404
4 bedrooms $781,044
5 bedrooms $829,999
University Place Home Price Trends
  11/2022 10/2022 9/2022 8/2022 7/2022
Total Listings 77 88 103 114 108
Average Price $708,041 $731,318 $719,970 $741,084 $767,355
Avg Price Change -3.29% +1.58% -2.93% -3.54% n/a
Median Price $608,218 $622,982 $636,366 $656,263 $661,250
Med Price Change -2.43% -2.15% -3.13% -0.76% n/a
Avg Bedrooms 2.87 beds 3.01 beds 3.08 beds 3.06 beds 3.09 beds
Avg Bathrooms 2.27 baths 2.33 baths 2.32 baths 2.25 baths 2.26 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Buyer To Verify 11 $748,159 51 days
Curtis Snr High 31 $591,651 63 days
Foss 5 $618,380 22 days
Mt Tahoma 2 $717,475 50 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 67 $654,443 63 days
Multi-Million Dollar Homes 6 $1,415,833 160 days
Newly Built Homes 1 $2,695,000 270 days
Reduced Price Homes 2 $587,475 33 days

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John S Realty
John Schlanbusch
2315 N. 30th St.
Tacoma, WA 98403
253-381-5608
253-370-2112

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