home sales in gig harbor: 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)

home sales in gig harbor: Gig Harbor home sales up 5 of last 6 months - 11/05/09 05:05 PM
Gig Harbor home sales up 5 of last 6 months
At least four major statistics show a turn-around in Gig Harbor home sales, including sales prices.
 
October is the fifth month in the past six showing home sales better than 2008, equaling September and a 15% increase over last October.   


Year-to-date prices have slipped only 6% for Gig Harbor home sales but 11% for Key Peninsula. This is slowing the double digit downward spiral that has occurred over the last four quarters and is a positive sign of market stabilization.  
Absorption rate, or the number of months … (0 comments)

home sales in gig harbor: Gig Harbor home sales start to equalize in Key Peninsula - 10/23/09 06:38 AM
Gig Harbor home sales start to equalize in Key Peninsula
A snapshot of Gig Harbor home sales shows a nearly balanced market for Key Peninsula mailing addresses. Zip codes 98329 and 98394(Wauna, Vaughn and Key Center) have just slightly more than a seven month supply of homes in inventory.
A balanced-or neutral market-is generally considered six to seven month home inventory, based on number of sales in that month. When the number drops below six months it generally becomes a seller's market.
6.3 months of inventory was normal in this area during the strong sales years of 2002-2007 so the current … (0 comments)

home sales in gig harbor: Gig Harbor Home Sales Stablize in September - 10/19/09 12:54 PM
Gig Harbor Home Sales Stabilize in September
A snapshot of Gig Harbor home sales for September shows a stabilization, or even increase, of median sales prices for Gig Harbor mailing addresses. The 98332 area produced a 4.5% median price increase over a year ago with 26 closings while the 98335 zip code equaled 2008 numbers. Even "no change" is a big deal after more than a year of double digit declines. One month is too soon to predict a trend but Gig Harbor home sales are encouraging to local Realtors.
These statistics compare September 2008 with September 2009 for Gig Harbor … (0 comments)

 
Carole Holmaas (Windermere Real Estate Gig Harbor)

Carole Holmaas

Gig Harbor, WA

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Windermere Real Estate Gig Harbor

Address: PO Box 206, Gig Harbor, WA, 98335

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