MARKET TRENDS + GIG HARBOR, WA

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.

AUGUST 2026 | GIG HARBOR AND KEY PENINSULA
$855,000
Median Sold Price
53 Days
Average Days on Market
89
Closed Sales
$411
Average Price per Sq Ft
AUGUST 2026 MARKET DATA

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.


Median Sold Price
$855,000
-1.3% vs July 2026

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.

Average Sold Price
$987,927
+0.7% vs July 2026

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.

Average Price per Sq Ft
$411
+2.6% vs July 2026

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.

Average % of List Price
98.8%
-0.4 pts vs July 2026

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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Stacia Whatley
Stacia Whatley

Broker Associate License ID: 83326

+1(253) 426-8785 | stacia@staciasellshomes.com

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