The Gig Harbor Pulse

The Gig Harbor inventory is up 60% with an increase of sales of 37.5%. The average sales price is down 16% to $405,000 and average days on market is 75.

Lake Tapps Water Level

Cascade Water Alliance has started to fill Lake Tapps this week after extensive construction improvements on the outflow side of the lake. Hopefully it will be full for the Summer months.

We had a dry winter with low snow packs. It will be interesting to see how the lake will be managed moving forward!

It’s a Seller’s Market in Real Estate!

Gig Harbor Report, Feb 2015

When you have low inventory and a high demand to purchase homes this makes for a perfect market for Seller’s. 2015 will be year to get your home sold quickly! Gig Harbor has a medium sales price of $468,530, up 5.8% percent.

Gig Harbor Real Estate Trends

2015 is the year for sellers in the Pacific Northwest. Inventory is at a record low, with housing prices going up and surpassing 2005-2006 levels. Gig Harbor inventory levels are down 38% with home prices up 4% to $440,000. Click on link below for the full report!

Gig Harbor Report, January 2015

Should I have a Geotechnical Survey when I buy waterfront property?

IMG_4181When dealing with waterfront properties that sit on mid to high bank, it a smart idea to have Geotechnical Survey done. Most sellers will include the study before they sell to make it more marketable. Most building permits will require the survey in order to build a new home. Many home owners want to build as close to the hill/edge to capture the best views, but this could be a bad idea if there is a history of slides in an area. Contact Keller Global for the most experienced Geotechnical Engineers in your area.

Gig Harbor Real Estate Report

Gig Harbor Report, December 2014

The Gig Harbor real estate market has a decrease in active inventory of 11 percent for the month of December with 55 homes for sale. The average list price is 437,900 and the median sales price is 423,150.

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“Homes for sale in Tacoma” Real Estate Report

“Homes for sale in Tacoma” Real Estate Report

Proctor district “homes for sale in Tacoma” average sales price is $299,000 which is up 10% from October and days on market are 22 days which is the lowest in 7 years. Get your monthly real estate report for any neighborhood for Western Washington.

Keller Global Real Estate Pulse, Gig Harbor-November 2014

Average sales price in Gig Harbor is $395,000 for the month of November which equates to a 7.89% increase over October 2014.  Active inventory is down 16% and days on market is 24 days, which is the least amount of days for 2014.

Gig Harbor Report, November 2014

“Lake Tapps Real Estate” Monthly Estate Report

The average sales price for “Lake Tapps Real Estate” Neighbor including non waterfront homes is $328,000 with 25 days on the market.  14 new listings for the month of October.  Click the link below for the details.

Lake Tapps Report, October 2014

Dash Point Real Estate Report

The median sales price is up 5.64% to $470,000 for the month with 116 days on the market.  Inventory levels are down 9.76% to 41 units.

Dash Point Report, October 2014