home prices in gig harbor: Gig Harbor home prices down 7%...but still less than county - 02/05/10 11:45 AM
Gig Harbor home prices down 7%...but still less than county
When the News Tribune reported last month the average price for a home in Pierce County had fallen 12% from 2008, following a drop of 9% a year earlier, I decided to compare average Gig Harbor home prices with the county's average.
Normally the median sales price (half the sales above and half below) is used for comparisons locally, as well as nationally. In January I reported that the median was actually up 1% year-over-year for December but down 4% from two years earlier.
Gig Harbor home prices did take a … (0 comments)
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home prices in gig harbor: Gig Harbor home prices continue to climb out of hole - 02/01/10 02:14 PM
Gig Harbor home prices continue to climb out of hole
Gig Harbor home prices are continuing to sustain moderately higher sales prices as 2009 closes out. December is the fifth of the last six months to show improvement year over year. Gig Harbor is defined as the Gig Harbor peninsula and Fox Island.
Gig Harbor home prices are up 1% over 2008, comparing the months of December only. The 4-county Puget Sound area however experienced a 7% decrease in sales price.
Another plus--sales of Gig Harbor homes have been better than 2008 for the last half year now-in each of those … (0 comments)
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