gig harbor home sales: Gig Harbor home prices continue to climb out of hole
- 02/01/10 06:14 AM
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)
gig harbor home sales: Short sales small percent of Gig Harbor home sales
- 01/08/10 03:44 AM
Short sales small percent of Gig Harbor home sales National media hypes short sales and bank-owned properties as a large part of the market, but in Gig Harbor they represent a smaller portion of Gig Harbor home sales than the casual observer might think. Key Peninsula is not as fortunate but still better than many parts of the country. 22.6% of Gig Harbor home sales in the past six months have been bank-owned or short sales and 41% in Key Peninsula. This compares to figures as high as 80% of all sales in Las Vegas and 50% in Phoenix and Southern (2 comments)
gig harbor home sales: Gig Harbor home sales and prices up big in November
- 12/17/09 09:34 AM
Gig Harbor home sales and prices up big in November Gig Harbor home sales more than doubled from 2008 and median prices are up for the third month in a row. November sales not only bested 2008 but, surprisingly, they also beat 2007 numbers. November represents three out of the last five months with more sales than either 2008 or 2007. This trend is going the right way for homeowners. These figures include both single family and condominiums and encompass Gig Harbor and Fox Island zip codes 98332, 98333, and 98335. The statistics are stronger than Pierce County as a whole, (0 comments)
gig harbor home sales: Gig Harbor home sales follow western trend
- 11/27/09 04:53 AM
Gig Harbor home sales follow western trend Nationally home sales rose 21% and in the West 10% in October, compared to a year ago. Gig Harbor home sales were up slightly less--8% from 2008. These numbers are certainly an improvement but October 2008 was a sobering sales month after the financial crises of AIG, Lehman, and others. November 2008 was even worse but this year Gig Harbor home sales are on track to beat 2008 by at least 25%. The median price is up in 98333 and 98335 from September, an improvement from the year-over-year figures. We are cautiously optimistic we (0 comments)
gig harbor home sales: Bank-owned Gig Harbor home sales business lower than nation
- 11/26/09 06:21 PM
Bank-owned Gig Harbor home sales business lower than nation Bank-owned and short sale homes are striking the Gig Harbor and Key Peninsula markets with less impact than much the rest of the nation. In Gig Harbor, less than 13% of all the homes listed and slightly more than 14% of sales fall into this category. In Key Peninsula, slightly more than 20% of the inventory fits this classification while sold homes are pushing 40% in the past 30 days. The Seattle/Tacoma/Bellevue area is running 17.8% of all sales but some places in the nation are running much higher-56% in Phoenix, 67% (1 comments)