West University Place Real Estate Market Extends Downward Trend in Contracts

Sales fell to seven homes sold in the West University Place market over the last 30 days. Furthermore, a solid downturn in the number of pending transactions continued, with eight completed in the same period. All indications show that the trend should continue, meaning less pending transactions over the next few weeks. The median sales price dropped to $1,500,000, down from last week's $1,600,000. West University Place is a strong buyer's market, due to a downward trend in contracts numbers and nine months of inventory remaining.

Trying to find a home in West University Place that offers sufficient space for your needs? Then check out these listings that have the largest living areas in the market:

$2.7M   $3.4M   $2.8M  

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

Demographic facts about West University Place:

  • The average elevation is 53 feet.
  • The median income is $154,576 per household.
  • The student-to-counselor ratio is 537:1. (513:1 = national average)

Data reported through 1/11/2017


Ask a local expert about this area:
Eraclea Realty, LLC
Snapped 8 homes in this area
Reside Residential
Snapped 3 homes in this area
Heritage Texas Property
Snapped 1 home in this area

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