Sales Increase in University Place Real Estate Market

The University Place market showed strong improvement this week as sales rose 7.3% to reach 44 homes sold over the last 30 days, breaking above the average sales volume for the prior 12 months. Within the same time frame, Tacoma had 328 sales, the most of all cities in the area. The median sales price rose to $329,250, up from last week's $326,000. Along with the increase in sales, the fact that there are a lower-than-normal three months of inventory indicates that University Place is a seller's market.

If you're looking for a home with plenty of bathrooms, then be sure to go see these listings with the most bathrooms in University Place:

$439K   $1.7M   $439K  

Get started right now by checking out University Place homes for sale or reviewing University Place real estate trends.

Demographic facts about University Place:

  • This area has an affordability rating of 40. (Scale: 1 = Worst, 100 = Best)
  • The area gets 38.8 inches of rain a year. (U.S. average: 36.5)
  • The income per capita in this area is $31,078.
  • This area has a school rating of 74. (Scale: 1 = Worst, 100 = Best)

Data reported through 10/12/2016

Comments:

Ask a local expert about this area:
Best Choice Realty LLC
7 reviews
Keller Williams Realty
Snapped 10 homes in this area
Realtor
Snapped 2 homes in this area

Agents that specialize in this area
7 snaps in this area
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