Gig Harbor Real Estate Trends & Statistics

Gig Harbor Median List Price

$389,000

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Gig Harbor Market Snapshot

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	Today	1 Month Ago		1 Year Ago
Total Inventory	408	397	3%	505	19%
Median List Price	$389,000	$369,000	5%	$385,000	1%
% Distressed Movoto defines distressed properties as any property that has an agent note in the MLS that defines the property as "Bank Owned", "In Foreclosure", "Short Sale" (where the owner is trying to sell at a price below the mortgage balance to avoid foreclosure) or "REO" (a term used to indicate the property is bank owned).	1%	1%		2%
Median DOM	55	69	20%	78	29%
Median House Size	2,266	2,306	2%	2,378	5%
Median $/Sqft	$168/sqft	$163/sqft	3%	$159/sqft	6%

	Today	1 Month Ago		1 Year Ago
Total Inventory	366	360	2%	441	17%
Median List Price	$409,000	$399,900	2%	$409,950
% Distressed Movoto defines distressed properties as any property that has an agent note in the MLS that defines the property as "Bank Owned", "In Foreclosure", "Short Sale" (where the owner is trying to sell at a price below the mortgage balance to avoid foreclosure) or "REO" (a term used to indicate the property is bank owned).	1%	1%		2%
Median DOM	56	71	21%	69	19%
Median House Size	2,396	2,457	2%	2,554	6%
Median $/Sqft	$169/sqft	$163/sqft	4%	$160/sqft	6%

	Today	1 Month Ago		1 Year Ago
Total Inventory	42	37	14%	64	34%
Median List Price	$227,500	$239,500	5%	$250,000	9%
% Distressed Movoto defines distressed properties as any property that has an agent note in the MLS that defines the property as "Bank Owned", "In Foreclosure", "Short Sale" (where the owner is trying to sell at a price below the mortgage balance to avoid foreclosure) or "REO" (a term used to indicate the property is bank owned).	2%	3%		-
Median DOM	50	68	26%	174	71%
Median House Size	1,461	1,507	3%	1,425	3%
Median $/Sqft	$159/sqft	$167/sqft	5%	$157/sqft	1%

Gig Harbor Market Data

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	10/12	11/12	12/12	1/13	2/13	3/13	4/13
Price Reductions	112	97	54	75	71	73	73
New Listings	110	79	6,690	104	120	135	167
Sold/Expired	160	107	188	153	137	148	158

	10/12	11/12	12/12	1/13	2/13	3/13	4/13
Price Reductions	100	95	50	71	66	68	65
New Listings	105	75	6,328	96	113	130	150
Sold/Expired	147	103	166	146	127	141	144

	10/12	11/12	12/12	1/13	2/13	3/13	4/13
Price Reductions	12	2	4	4	5	5	8
New Listings	5	4	362	8	7	5	17
Sold/Expired	13	4	22	7	10	7	14

Gig Harbor, Washington real estate market statistics are calculated by Movoto every day from various sources so that you can stay up-to-date with trends in the Gig Harbor homes for sale market. Movoto displays information on foreclosures, short-sales, and REO (real estate owned) properties in both charts and graphs so that you can see the percentage of distressed listings in Gig Harbor. Movoto is your comprehensive source for Gig Harbor property information. We try to display data that is as accurate as possible, but we cannot guarantee the accuracy of our statistics. The data on this page is for informational purposes only.

Gig Harbor, WA Market Overview

Inventory: 408 Recently Sold: 158 New Listings: 167 Distressed: 1

Gig Harbor's home resale inventories increased slightly, with a 3 percent increase since April 2013. Distressed properties such as foreclosures and short sales remained the same as a percentage of the total market in May. The median listing price in Gig Harbor went up from April to May. There were a total of 4 price increases and 73 price decreases.

Updated: 05/01/2013

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Nearby Homes for Sale

7503 Shaw Ln, Gig Harbor, WA