IN TOWN GIG HARBOR
Real Estate Market Report
In Town Gig Harbor Homes Currently Listed
What a READJUSTING MARKET
Means for You
Headlines report current market conditions that may leave you with more questions than answers. The past two years were record-breaking in nearly every way. Record-low mortgage rates, an influx of buyers, sellers waiting to list, and years of under-building created the most unique market.
STEPHANIE PATRICK
REALTOR® Senior Real Estate Specialist, Certified Luxury Home Marketing Specialist, Institute of Luxury Marketing Member
253.297.0022
spatrick@remax.net www.InTownGigHarborLiving.com
There Are Currently 3 In Town Gig Harbor Homes Pending
For more information on any In Town Gig Harbor homes, contact me at 253.297.0022.
In Town Gig Harbor Homes Sold Recently
HOME SHOWINGS
2019 gave a good baseline of pre-pandemic levels. Showings skyrocketed during the pandemic, and while current demand has begun to moderate slightly, showings are still above 2019 and 2020 levels.
EXISTING HOME SALES
Perspective is everything! While headlines are talking about sales declining, the market is on pace to close this year with more sales than 2019 and surpassing 2020.
THE EXPERTS SAY IT BEST
“Today’s housing market looks a lot like the 2019 housing market, which was the strongest housing market in a decade at the time.”
—First American
THE MARKET ISN’T CRASHING
It’s a turning point that’s moving back toward more pre-pandemic levels.
This combination led to record-high demand and record-low supply, but wouldn’t be sustainable long term.
Leonardo and Angelica
Stephanie Patrick and RE/MAX Exclusive are not in any way affiliated with In Town Gig Harbor Owners Association, nor is this in any way an official advertisement or publication of In Town Gig Harbor. ©2022 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the NWMLS as of August 11th, 2022. Listings and sales may not be those of RE/MAX Exclusive. The NWMLS does not guarantee the accuracy of this data, which may not reflect all the real estate activity in the area. E&OE covered. This market report is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship. *Indicates a number rounded to the nearest 100. **Indicates a number rounded to the nearest 1,000.
The real estate market is changing – if you’ve thought about making a change and moving into your next dream home, call me today at 253.297.0022 Let’s discuss your options!