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.
The price per sq.feet in Gig Harbor has increased during the last 6 months. In August, the average price per sq.feet was $225. In September this price pretty much remained the same at a value of $230 per sq.feet. In the following two months the price per sq.feet has increased 109 %, going from $227.5 to $247 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 $237.25 to $253.5 during December, and January.
Based upon to the price in Gig Harbor (cities), this has gone up in the last 6 months. In our first sample month during August, the average price is $599,205. In September This price remains at $588,510. During the following two months (October, November) the price has had an average incrementation from $593,857.5 to $628,008.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 115 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $733,195 they are 47 % more affordable than the average price for Gig Harbor. The properties with the highest average price have 4 bedrooms, Their price is 4 % more costly than the average. After that we have properties with 3 bedrooms priced at $642,626.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $233 / sq.feet, with an average $256 / sq.feet price in Gig Harbor. The properties with the highest average prices have 1 bedroom. They are 170 % more expensive than the average followed by properties with 3 bedrooms with a price at $260 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $733,195 it is 42 % cheaper than the average price in Gig Harbor. "Office" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $609,104 it is 15 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $200 / sq.feet followed by "Office" priced at $205 / sq.feet. "Apartment" is the most costly type of property with a $3,437 / sq.feet cost followed by "House" with an average price of $253 / sq.feet.