The typical home value in
Gig Harbor
is projected to be
$925,000
for the month of
July.
June’s
finalized data reported the typical value of a home in the
city
to be
$920,000—up
2.22%
over the previous 12 months.
For comparison,
county-level
data pegged home values at
$580,000
in
Pierce County
for the most recent reporting period.
That number is expected to float around
$575,010
in
July.
Gig Harbor
had
116
new listings and
92
listings that went under contract in
June,
increasing
the area’s total available inventory to
191—up
10.4%
from the previous month. Inventory is projected to have further
increased
in
July.
Of those
191
active listings,
43.98%
reduced their price in the month of
June.
The median listing price for homes in
Gig Harbor
grew
6.16%
from
May
to
June,
bringing the current median listing price to
$1,035,000.
Based on projected data for
July,
listing prices may continue to
grow.
The number of days that homes have been on the market prior to going under contract
has been fairly steady
year-over-year. In
June 2025,
the median time for a listed property to go pending was
11
days, compared to
15
days in
June 2024.
In recent months the median number of days from listed to pending appears to be steady.
That trend is predicted to have carried through to this
July.