Gig Harbor Market Condition Report
May 28, 2009
	Homes
Price Range	For Sale	# Pending	Ratio	Type of Market
$100000 - 200000	7	5	71%	Sellers
$201000 - 300000	58	16	28%	Buyers
$301000 - 400000	96	26	27%	Buyers
$401000 - 500000	91	24	26%	Buyers
$501000 - 600000	87	9	10%	Buyers
$601000 - 700000	72	5	7%	Buyers
$701000 - 800000	61	4	7%	Buyers
$801000 - 900000	34	2	6%	Buyers
$901000 - 999999	30	3	10%	Buyers
Over $1,000,000	100	2	2%	Buyers
Grand Total	636	96	15%	Buyers
Absorption Rate
May 28, 2009
		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	5.25	4.20
$201000 - 300000	58	7.73	8.09	6.44
$301000 - 400000	96	10.02	11.76	10.29
$401000 - 500000	91	16.30	14.76	13.00
$501000 - 600000	87	20.88	34.80	32.63
$601000 - 700000	72	26.18	27.00	21.60
$701000 - 800000	61	43.06	73.20	45.75
$801000 - 900000	34	37.09	40.80	34.00
$901000 - 999999	30	60.00	180.00	90.00
Over $1,000,000	100	63.16	200.00	150.00
Grand Total	636	17.96	20.97	17.50