University District Seattle Washington Real Estate

University District Seattle Washington Real Estate

University District Seattle Homes

The University District Seattle has 957 single-family homes. The average year these homes were built is 1920. The average home in the University District is 2410 square feet in size with four bedrooms and two bathrooms. There are 309 homes that are single story, 372 homes that are one and a half stories, 221 two story homes, and ten homes that are two and a half stories or taller.

All but 49 homes in the University District Seattle have a basement. The average size of a basement in the University District is 891 square feet. There are only 46 homes that have garages. The average size of these garages is 255 square feet.

The average length of ownership of a home in the University District Seattle is 8.0 years. There are 374 homes that have been owned for five years or less. Of the remaining homes, 187 have been owned between five and ten years and 267 homes have been owned for ten years or more. The average property taxes for a home in the University District are $4,222.

There are 676 homes in the University District Seattle that are owner occupied. There are 281 homes that are non-owner occupied.

So far in 2007, there have been 13 homes sold in the “U District”. These thirteen homes have had an average selling price of $525,952. The lowest selling price was $394,950. The highest selling price has been $800,000. This was an average of $248 per square feet.

In 2006, there were 53 homes sold in the University District Seattle. The average selling price in 2006 was $538,843. The lowest selling price was $234,000. The highest selling price was $1,250,000. The average cost per square feet was $219.

For 2005, there were 73 homes sold. The average selling price was $478,306. The lowest selling price was $250,000. The highest selling price was $900,000. The average cost per square foot was $210.

During the past 12 months, there have been two homes sold for an average of $314,475. This selling price was an average of 143% of the assessed value. For the same 12-month period there have been 41 homes sold for an average of $438,902. This was an average of 127% of the assessed value.

University District Seattle Condos 

There are 257 condos in the University District Seattle. The average year these condos were built is 1967. The average size of these condos is 1,014 square feet with two bedrooms and two bathrooms. All of these condos are located in buildings that are taller than two and a half stories.

The average length of ownership for a condo in the University District Seattle is 7.4 years. Of these condos, 103 have been owned for five years or less. There are 75 condos that have been owned between five and ten years and 63 condos that have been owned for ten years or more.

Currently, there are 150 condos that are owner occupied. The remaining 107 condos that are non-owner occupied.

So far in 2007, there have been five condos sold in the University District Seattle. The average selling price of these condos is $253,238. The lowest selling price was $138,500. The highest selling price was $345,000. The average cost per square foot is $393.

In 2006, there were only nine condos sold. This is only a 4% turnover rate for the neighborhood. The average selling price for these condos was $278,911. The lowest selling price was $177,000. The highest selling price was $357,000. The average cost per square feet was $299.

For 2005, there 20 condos sold in the University District Seattle. The average selling price was $278,952. The lowest selling price was $166,432. The highest selling price for a condo in the U District was $505,000.

During the past 12 months, there have been nine condos sold for an average of $212,322. This was 138% of the assessed value. During the same 12-month period, there were 12 condos sold for an average of $246,748. This was an average of 105% of the assessed value.