University Place, WA Real Estate Market Summary – September 8, 2026

In University Place, WA, the real estate market saw a total of 34 homes sold in the last 30 days, averaging about 1.13 homes sold per day. The average living area for these homes was approximately 2,001 square feet, with a median living area of around 2,068 square feet.

Metric 30 Days
Number Sold 34
Sold Per Day 1.13
Average SQFT 2001
Median Sales Price $669,188
Average Sales Price $669,388
Average Price Per SQFT $341
Average Days on Market 17
Average Year Built 1979

 

University Place, WA Single Family Home Analysis

The single-family home segment reported 30 transactions, with a pace of 1 home sold each day. These homes had an average living area of 2,036 square feet and a median sale price of $676,688.

Metric 30 Days
Number Sold 30
Sold Per Day 1.00
Average SQFT 2036
Median Sales Price $676,688
Average Sales Price $693,843
Average Price Per SQFT $348
Average Days on Market 17
Average Year Built 1977

 

University Place, WA Condo & Townhome Analysis

The condo and townhome market was much smaller, with 3 homes sold, corresponding to a pace of 1 home sold every 10 days. The average selling price for these properties was approximately $404,633, and the average living area was about 1,292 square feet.

Metric 30 Days
Number Sold 3
Sold Per Day 1 every 10.00 days
Average SQFT 1292
Median Sales Price $349,900
Average Sales Price $404,633
Average Price Per SQFT $311
Average Days on Market 21
Average Year Built 1987

 

Buyer & Seller Analysis

  • 34 homes sold in the last 30 days.
  • Average days on market for all segments was 17 days.
  • Median sale price in University Place was $669,188.
  • Condo and townhome segment had a slower pace with 1 every 10 days.

Conclusion

Overall, the real estate activity shows consistent sales across different segments in University Place. Buyers may find a range of properties in this market, with varying sizes and price points.

Subscribe here to more in-depth analysis and reporting.
Your first name so we know who to address.