This graph is a snapshot of the Gig Harbor/Key Peninsula/Fox Island Real Estate Market on May 5th, 2017.  It shows the current number of homes for sale and pending, as well as the total amount of sales over the past 6 months.

Market graph 5-5-2017

As you can see, in the $200-600K price range, we’re looking at a strong Sellers’ Market, but above that $600K price, things change abruptly to a Buyers’ Market.

If you’re thinking of “moving up” from a home valued under $600K, this presents a great opportunity for you as the demand and prices are so high.  Then you can take advantage of the Buyers’ Market in the upper price ranges.   Sound good?


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