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Market Snapshot
Washington communities are slowly emerging from the difficult budgets of the recent economic recession and the city of University Place is a great example of improving economic times. Take a short drive around the city and you’ll see a city on the go. New constructions andinflux of residentsare all signs that business is good and getting better in University Place.A place that encourages young people to thrive in business is one that’s set for immense future economic growth. University Place continues to enjoy benefits that come with attracting and retaining new talent such as; low unemployment rates and low cost of living. Thanks to a healthy public school system and local government initiatives and incentives to promote entrepreneurship, the workforce in the city remains to be one of the most skilled and motivated in the western counties of Washington State. A good number of city folks are small and medium business owners; while the rest have secured employment in the city’s largest employers such as; University Place School District, Fred Meyer Stores and Franciscan Health System.Foodies will immediately find University Place’s food scene diverse. If you are in the mood for some fine dining, head to Fresh Rolls. This Vietnamese restaurant is famous for its salmon mango fresh rolls and barbeque pork fresh rolls. The décor is also warm, comfortable and welcoming making it a wonderful place to host dinner party or even meet with a client. If you are not in the mood for fancy dining, try out Steph’s Pizza or the Ale House Pub and Eatery. Although popular with the youth, these joints cook up some mean pizzas.Apple picking has been a tradition in the city for decades. This custom is still alive and kicking in the community. The Curran Apple Orchard Park is just the place to be for new residents who are interested. It provides a chance to interact with the locals and form long-lasting friendship bonds while partaking of the fruit.Interested in golf? Check out Chambers Bay Golf Course which hosted the 2015 U.S. Open Golf championship. When there are no major tournaments are going on, the nationally acclaimed course is an ideal place to work on your swing or play amateur golf with other players. The kids can show their skating skills to friends at Cirque Park & Skate Park on the weekends. The list of fun things to do in University Place is endless. For newbies, the best way to get started is by exploration.Finding a place to stay in this laid back community is not an uphill task as it was before, thanks to NewHomeSource and builders like D.R. Horton and Richmond American Homes. Depending on your preferences, homes in the area begin from the high 300s to the low 500s. Whether it is a 3-bedroom log cabin or a 5-bedroom Classic Victorian, NewHomeSource will help you find the right home.
Market Overview: New Construction Homes in University Place, WA
Here is a quick overview of new housing developments in University Place and the new construction market for new build homes in University Place:
| City | University Place |
| State | Washington |
| Metro Area | Tacoma |
| Subdivisions | 135 |
| Move in Ready Homes | 345 |
| Homes Under Construction | 216 |
| Starting Price | $369,500 |
| Average Price | $ |
| Price Per Square Foot | $ |
| New Home Builders | 63 |
| Builders in University Place |
Customizable Options in University Place
| Floor Plans Available | 604 |
| Bedroom Count | 1 to 6 |
| Bathroom Count | 1 to 5 |
| Square Footage Range | 752 to 4,460 sq/ft. |