Property prices for sale in Gig Harbor (Washington)

The prices in real estate in Gig Harbor, in the Washington region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.

$1,087,824.67
Average price last 6 months
$393.5
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Gig Harbor has increased during the last 6 months. In October, the average price per sq.feet was $377. In November this price pretty much remained the same at a value of $389 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $383 to $386.5 per sq.feet. The price per sq.feet has increased 107 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $384.75 to $411 during February, and March.

Average price

Based upon to the price in Gig Harbor (cities), this has gone up in the last 6 months. In our first sample month during October, the average price is $1,025,677. In November This price remains at $1,035,570. In the following two months the average price has remained the same with regard to the previous two months from $1,030,623.5 to $1,073,382.5. Based on an analysis of the first four prices and the last two months the average price has gone up 110 % during the last two months.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $1,189,581 they are 58 % more affordable than the average price for Gig Harbor. The properties with the highest average price have 4 bedrooms, Their price is 11 % more costly than the average. After that we have properties with 3 bedrooms priced at $970,056.

With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $388 / sq.feet, with an average $409 / sq.feet price in Gig Harbor. The properties with the highest average prices have 1 bedroom. They are 74 % more expensive than the average followed by properties with 2 bedrooms with a price at $415 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Office" as the most affordable one. At an cost of $1,189,581 it is 52 % cheaper than the average price in Gig Harbor. "Condo" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Apartment". At a price of $654,432 it is 10 % more affordable than the average price.

According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $150 / sq.feet followed by "Office" priced at $155 / sq.feet. "Apartment" is the cheapest type of property with a $375 / sq.feet value followed by "House" with an average price of $372 / sq.feet.

Charts data
Average price March
Average price per sq.feet March
Number of properties used in Gig Harbor
Number of properties used in region Washington
$1,189,581
$409
2,720
318,264
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value