This report is based on data from the MLS as of
	8/20/2008
Gig Harbor Condominium Market Condition Report
	Condos
Price Range	For Sale	# Pending	Ratio	Type of Market
$100,000 - 200,000	10	No Sales	-------	-------
$200,001 - 500,000	52	8	15%	Buyers
$500,001 - 1,000,000	12	No Sales	-------	-------
Over $1,000,000	4	No Sales	-------	-------
Total for sale	78
Absorption Rate
		Months of inventory	Months of inventory	Months of inventory
		based on the	based on the	based on the
	Condos	sales of the last	sales of the last	sales of the last
Price Range	For Sale	12 Months	6 Months	3 Months
$100,000 - 200,000	10	60.00	No Sales	No Sales
$200,001 - 500,000	52	23.11	28.36	52.00
$500,001 - 1,000,000	12	48.00	72.00	36.00
Over $1,000,000	4	No Sales	No Sales	No Sales
Total for Sale	78
Condominium units sold (closed escrow)
		# Sold	# Sold	# Sold
		in the last	in the last	in the last
Price Range		12 Months	6 Months	3 Months
$100,000 - 200,000		2	0	0
$200,001 - 500,000		27	11	3
$500,001 - 1,000,000		3	1	1
Over $1,000,000		0	0	0