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University Place Market Report

$826,182

AVERAGE PRICE OF 84 HOMES

$1,745,517

AVERAGE PRICE OF 15 MULTI-MILLION DOLLAR HOMES

$964,950

AVERAGE PRICE OF 2 NEWLY BUILT HOMES

$849,950

AVERAGE PRICE OF 1 HOMES WITH A POOL

$574,862

AVERAGE PRICE OF 4 REDUCED PRICE HOMES

Average Home

Average Price $826,182
Avg Bedrooms 2.95 beds
Avg Bathrooms 2.26 baths

Average Price by Bedrooms

2 bedrooms $511,300
3 bedrooms $778,933
4 bedrooms $762,085
5 bedrooms $1,111,317
University Place Home Price Trends
  8/2023 7/2023 6/2023 5/2023 4/2023
Total Listings 78 69 65 60 52
Average Price $786,805 $721,879 $703,476 $743,905 $733,670
Avg Price Change +8.99% +2.62% -5.75% +1.40% +18.54%
Median Price $699,896 $650,457 $620,000 $642,660 $593,059
Med Price Change +7.60% +4.91% -3.65% +8.36% +3.77%
Avg Bedrooms 2.92 beds 2.94 beds 2.93 beds 3.02 beds 2.89 beds
Avg Bathrooms 2.25 baths 2.26 baths 2.18 baths 2.33 baths 2.19 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Buyer To Verify 26 $621,602 49 days
Curtis Snr High 34 $797,750 42 days
Mt Tahoma 2 $612,500 33 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 84 $826,182 47 days
Multi-Million Dollar Homes 15 $1,745,517 67 days
Newly Built Homes 2 $964,950 129 days
Homes with a Pool 1 $849,950 37 days
Reduced Price Homes 4 $574,862 32 days

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John S Realty
John Schlanbusch
2315 N. 30th St.
Tacoma, WA 98403
253-381-5608
253-370-2112
Nova Home Loans
Elle Zimmerman
Senior Loan Officer
NMLS# 1546785
253-617-1555

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Properties with the NWMLS icon are courtesy of Northwest MLS.
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