Waterfront Home Sales in Gig Harbor

Posted by Matt Thomson

Each market seems to have a type of housing that ranks as the most desirable.  When I lived in Park City, ski-in-ski-out housing was prime.  In Santa Barbara, the Montecito Estates were the benchmark.  Here in Gig Harbor, waterfront homes seem to garner the most interest.  Gig Harbor is unique in the astounding numbers of waterfront and waterview homes that we have.  It makes navigating a bit tricky, because you can’t judge where you are in relation to the water, because we’re surrounded by water.  I wanted to take a look at waterfront home sales in our area, looking at Gig Harbor, Fox Island, and the Key Peninsula.  Often I’ll include Fox Island homes as part of Gig Harbor, but for waterfront I decided to separate it out, mostly for my own curiosity!  Here are the number of homes sold and the median prices.

Waterfront home chart

As you can see, prices in Gig Harbor and Fox Island are very similar.  The Key Peninsula offers more affordable waterfront, but you’re going to be further away from many of the necessities and amenities of Gig Harbor. 

2005-2006 are yearly sales, 2007 are YTD sales, and Current are homes currently on the market.  For current, I used median list price, rather than sales price.  Info is taken from NWMLS, and I believe in some cases the listing agent took some liberties with “waterfront.”  Information is deemed reliable but is not guaranteed.

If you would like to view the current homes for sale, check out my home search site or contact me directly. 

This entry was posted on Tuesday, December 18th, 2007 at 2:41 pm and is filed under Real Estate, Real Estate Market Reviews. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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