Gig Harbor Market Condition Report
February 24, 2010
	Homes
Price Range	For Sale	# Pending	Ratio	Type of Market
$100000 - 200000	4	3	75%	Sellers
$201000 - 300000	69	29	42%	Buyers
$301000 - 400000	98	11	11%	Buyers
$401000 - 500000	64	23	36%	Buyers
$501000 - 600000	85	7	8%	Buyers
$601000 - 700000	46	11	24%	Buyers
$701000 - 800000	28	7	25%	Buyers
$801000 - 900000	25	2	8%	Buyers
$901000 - 999999	19	0	0%	Buyers
Over $1,000,000	74	3	4%	Buyers
Grand Total	512	96	19%	Buyers
Absorption Rate
February 24, 2010
		Months of inventory	Months of inventory	Months of inventory
		based on the	based on the	based on the
	Homes	sales of the last	sales of the last	sales of the last
Price Range	For Sale	12 Months	6 Months	3 Months
$100000 - 200000	4	2.67	4.00	12.00
$201000 - 300000	69	7.20	8.63	10.35
$301000 - 400000	98	8.58	8.52	8.91
$401000 - 500000	64	7.76	8.00	14.77
$501000 - 600000	85	18.21	20.40	31.88
$601000 - 700000	46	21.23	30.67	69.00
$701000 - 800000	28	16.80	18.67	14.00
$801000 - 900000	25	33.33	50.00	75.00
$901000 - 999999	19	28.50	28.50	#N/A
Over $1,000,000	74	63.43	88.80	74.00
Grand Total	512	12.24	13.59	17.66