Gig Harbor Market Condition Report
February 3, 2010
  Homes
Price Range For Sale # Pending Ratio Type of Market
$100000 - 200000 7 2 29% Buyers
$201000 - 300000 71 23 32% Buyers
$301000 - 400000 90 12 13% Buyers
$401000 - 500000 59 18 31% Buyers
$501000 - 600000 76 6 8% Buyers
$601000 - 700000 51 8 16% Buyers
$701000 - 800000 32 5 16% Buyers
$801000 - 900000 22 2 9% Buyers
$901000 - 999999 19 0 0% Buyers
Over $1,000,000 75 3 4% Buyers
Grand Total 502 79 16% Buyers
         
Absorption Rate
February 3, 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 7 4.94 6.00 21.00
$201000 - 300000 71 7.47 7.61 9.26
$301000 - 400000 90 7.77 7.94 7.50
$401000 - 500000 59 6.94 6.44 8.43
$501000 - 600000 76 16.29 14.71 17.54
$601000 - 700000 51 21.10 30.60 76.50
$701000 - 800000 32 18.29 17.45 13.71
$801000 - 900000 22 26.40 44.00 66.00
$901000 - 999999 19 28.50 22.80 57.00
Over $1,000,000 75 69.23 90.00 75.00
Grand Total 502 11.83 12.00 13.94