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