Here are some stats from the MLS. City of Gig Harbor only.
Year 2005 2006 2007
Number of units sold (res only) 1187 930 720
Average List Price 412,576 478,424 507,064
Average Sold Price 405,974 467,508 492,410
Market Time 69 77 94
Percent of List price 98.40% 97.72% 97.11%
I hope this formats into this reply box properly - if not I apologize!
The bridge was the best thing we did for the commute from the Harbor, it is a breeze now. We should have added another bridge a lot sooner.
I feel very positive about the market in the Gig Harbor area. Again, just a slow down like everywhere else.
Century 21 Real Estate Center