Gig Harbor, WA Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Gig Harbor, WA is $776,000, down 11.3% year-over-year. Homes sell in an average of 76 days with 99 active listings. The market is currently a balanced market.
$776,000median sale price
Is Gig Harbor a buyer's or seller's market?
Gig Harbor, WA is currently a balanced market, based on 2.3 months of supply and homes selling in about 76 days. How we determine this →
Homes sold
44
Last 12 weeks
Days on market
76
Average pace
Active listings
99
2.3 months supply
Sale-to-list
99.7%
Below asking
Gig Harbor, WA market data
| Metric | Value |
|---|---|
| Median sale price | $776,000 |
| Median list price | $1.07M |
| Year-over-year price change | -11.3% |
| Average days on market | 76 days |
| Active inventory | 99 listings |
| Months of supply | 2.3 months |
| Sale-to-list price ratio | 99.7% |
| Market condition | Balanced market |
Source: Redfin · Updated weekly
The Gig Harbor housing market is currently classified as a balanced market with a median sale price of $776,000. Prices have fallen 11.3% compared to last year, with homes spending an average of 76 days on market, indicating 2.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Gig Harbor
There are currently 99 homes listed for sale in Gig Harbor, Washington. The median listing price is $1.1M.
Active listings
99
Homes on market
Median list price
$1.1M
Avg. days on market
76
Days until sale
New this week
55
Newly listed
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Frequently asked questions
What is the average home price in Gig Harbor?
The median home sale price in Gig Harbor is $776,000, down 11.3% from last year.
How long do homes stay on market in Gig Harbor?
Homes typically spend 76 days on market before going under contract.
Is Gig Harbor a buyer's or seller's market?
With 2.3 months of supply, Gig Harbor is currently a balanced market.
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