Gig Harbor Market Report

$848,540

AVERAGE PRICE OF 270 HOMES

$1,017,560

AVERAGE PRICE OF 5 DISTRESSED HOMES

$1,608,198

AVERAGE PRICE OF 67 MULTI-MILLION DOLLAR HOMES

$1,019,521

AVERAGE PRICE OF 47 NEWLY BUILT HOMES

$1,375,000

AVERAGE PRICE OF 2 HOMES WITH A POOL

$793,547

AVERAGE PRICE OF 7 REDUCED PRICE HOMES

Average Home

Average Price $848,540
Avg Bedrooms 2.64 beds
Avg Bathrooms 2.27 baths

Average Price by Bedrooms

1 bedroom $350,000
2 bedrooms $564,858
3 bedrooms $873,825
4 bedrooms $1,280,796
5 bedrooms $1,154,327
Gig Harbor Home Price Trends
  2/2023 1/2023 12/2022 11/2022 10/2022
Total Listings 238 240 275 328 376
Average Price $798,974 $762,776 $785,645 $789,804 $813,595
Avg Price Change +4.75% -3.00% -0.53% -3.01% -2.54%
Median Price $703,291 $675,905 $677,286 $703,710 $710,940
Med Price Change +4.05% -0.20% -3.90% -1.03% -3.74%
Avg Bedrooms 2.66 beds 2.5 beds 2.49 beds 2.57 beds 2.6 beds
Avg Bathrooms 2.21 baths 2.11 baths 2.14 baths 2.18 baths 2.25 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Buyer To Verify 45 $660,317 113 days
Gig Harbor High 64 $1,025,014 85 days
Henderson Bay Hall P 1 $100,000 132 days
Peninsula High 104 $825,593 73 days
So. Kitsap High 1 $1,300,000 14 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 270 $848,540 95 days
Distressed Homes 5 $1,017,560 84 days
Multi-Million Dollar Homes 67 $1,608,198 74 days
Newly Built Homes 47 $1,019,521 85 days
Homes with a Pool 2 $1,375,000 79 days
Reduced Price Homes 7 $793,547 49 days

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Keller Williams Realty
11515 Burnham Dr NW
Gig Harbor, WA 98335
253-302-2884

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