MARKET SNAPSHOT: Pierce, and Kitsap Counties
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Gig Harbor Housing Market: The Real Numbers
17 years of watching this market move has taught me one thing: headlines leave out the parts that matter. Here's what actually happened in Gig Harbor real estate last month, straight from the NWMLS, updated every month, good news or not.
Gig Harbor Market by the Numbers
Based on 89 MLS-listed residential sales in Gig Harbor and the Key Peninsula (NWMLS Areas 1-9) that closed in August 2026, compared to July 2026. Source: NWMLS. Updated monthly by Stacia Whatley.
Was $866,000 in July. A 1.3% dip across 89 sales is normal month-to-month wobble. Three months moving the same direction is a trend. One month is a data point.
Was $981,085 in July. Three August sales closed above $3 million, compared to one in July. Set those aside and the average dropped. It's why the median is the better guide for most sellers.
Was $401 in July. Good for spotting direction, bad for pricing your house. Smaller homes and waterfront run higher per foot, so the average blurs the details that set your price.
Was 99.2% in July. That's measured against the final list price, after any reductions. Against the original asking price, August sales averaged 96.0%. The gap is the cost of starting too high.
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