Gig Harbor Market Condition Report
August 20, 2008
	Homes
Price Range	For Sale	# Pending	Ratio	Type of Market
$100000 - 200000	4	0	0%	Buyers
$201000 - 300000	57	15	26%	Buyers
$301000 - 400000	115	24	21%	Buyers
$401000 - 500000	108	6	6%	Buyers
$501000 - 600000	94	16	17%	Buyers
$601000 - 700000	99	2	2%	Buyers
$701000 - 800000	89	4	4%	Buyers
$801000 - 900000	55	0	0%	Buyers
$901000 - 999999	34	2	6%	Buyers
Over $1,000,000	115	6	5%	Buyers
Grand Total	770	75	10%	Buyers
Absorption Rate
August 20, 2008
		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	4.36	4.00	2.40
$201000 - 300000	57	11.21	9.24	8.14
$301000 - 400000	115	10.95	10.95	10.78
$401000 - 500000	108	14.40	13.50	15.43
$501000 - 600000	94	18.80	17.09	14.10
$601000 - 700000	99	39.60	31.26	29.70
$701000 - 800000	89	41.08	38.14	29.67
$801000 - 900000	55	41.25	47.14	33.00
$901000 - 999999	34	51.00	34.00	34.00
Over $1,000,000	115	43.13	46.00	34.50
Grand Total	770	20.09	18.63	16.99