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Tim Garber
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University Place Market Report

$527,436

AVERAGE PRICE OF 137 HOMES

$412,750

AVERAGE PRICE OF 4 DISTRESSED HOMES

$1,216,333

AVERAGE PRICE OF 3 MULTI-MILLION DOLLAR HOMES

$618,148

AVERAGE PRICE OF 30 NEWLY BUILT HOMES

$849,500

AVERAGE PRICE OF 2 HOMES WITH A POOL

$468,794

AVERAGE PRICE OF 9 REDUCED PRICE HOMES

Average Home

Average Price $527,436
Avg Bedrooms 3.45 beds
Avg Bathrooms 2.36 baths

Average Price by Bedrooms

2 bedrooms $487,913
3 bedrooms $520,961
4 bedrooms $536,121
5 bedrooms $549,861
University Place Home Price Trends
  5/2019 4/2019 3/2019 2/2019 1/2019
Total Listings 120 110 102 82 72
Average Price $530,186 $508,077 $513,198 $545,149 $588,366
Avg Price Change +4.35% -1.01% -6.23% -7.93% +1.85%
Median Price $501,772 $471,385 $445,375 $449,046 $489,692
Med Price Change +6.45% +5.84% -0.82% -9.05% -3.20%
Avg Bedrooms 3.44 beds 3.39 beds 3.4 beds 3.48 beds 3.46 beds
Avg Bathrooms 2.36 baths 2.31 baths 2.28 baths 2.29 baths 2.38 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Buyer To Verify 25 $475,693 31 days
Curtis Bridge Pgm 4 $621,987 38 days
Curtis Snr High 62 $541,306 51 days
Foss 1 $475,000 30 days
Mt Tahoma 2 $413,775 22 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 137 $527,436 48 days
Distressed Homes 4 $412,750 57 days
Multi-Million Dollar Homes 3 $1,216,333 106 days
Newly Built Homes 30 $618,148 76 days
Homes with a Pool 2 $849,500 9 days
Reduced Price Homes 9 $468,794 41 days

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