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Gig Harbor Market Report

$1,035,163

AVERAGE PRICE OF 294 HOMES

$1,434,983

AVERAGE PRICE OF 3 DISTRESSED HOMES

$1,840,352

AVERAGE PRICE OF 107 MULTI-MILLION DOLLAR HOMES

$1,183,416

AVERAGE PRICE OF 29 NEWLY BUILT HOMES

$3,531,428

AVERAGE PRICE OF 7 HOMES WITH A POOL

$1,059,586

AVERAGE PRICE OF 22 REDUCED PRICE HOMES

Average Home

Average Price $1,035,163
Avg Bedrooms 2.49 beds
Avg Bathrooms 2.27 baths

Average Price by Bedrooms

1 bedroom $662,500
2 bedrooms $709,527
3 bedrooms $1,041,816
4 bedrooms $1,487,106
5 bedrooms $1,884,700
Gig Harbor Home Price Trends
  8/2023 7/2023 6/2023 5/2023 4/2023
Total Listings 298 317 323 297 279
Average Price $998,213 $932,231 $886,271 $871,782 $834,075
Avg Price Change +7.08% +5.19% +1.66% +4.52% +1.95%
Median Price $750,779 $735,844 $732,812 $732,168 $721,611
Med Price Change +2.03% +0.41% +0.09% +1.46% -3.60%
Avg Bedrooms 2.56 beds 2.55 beds 2.59 beds 2.58 beds 2.54 beds
Avg Bathrooms 2.35 baths 2.3 baths 2.29 baths 2.24 baths 2.21 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Buyer To Verify 53 $867,950 105 days
Gig Harbor High 87 $1,235,470 85 days
Peninsula High 99 $1,078,435 90 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 294 $1,035,163 93 days
Distressed Homes 3 $1,434,983 204 days
Multi-Million Dollar Homes 107 $1,840,352 85 days
Newly Built Homes 29 $1,183,416 140 days
Homes with a Pool 7 $3,531,428 53 days
Reduced Price Homes 22 $1,059,586 67 days

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John S Realty
John Schlanbusch
2315 N. 30th St.
Tacoma, WA 98403
253-381-5608
253-370-2112
Nova Home Loans
Elle Zimmerman
Senior Loan Officer
NMLS# 1546785
253-617-1555

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Properties with the NWMLS icon are courtesy of Northwest MLS.
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