Gig Harbor Real Estate Statistics for April

For those of you who like numbers, here are the April real estate statistics for home sales in Gig Harbor. Reminder that these numbers represent single family homes and condos in zip codes 98332, 98335, and 98333 (Fox Island). If you’d like to know the numbers for a specific neighborhood, Port Orchard, Key Peninsula, or anywhere else around the West Sound, let me know.

April was the best month we’ve seen in 2011, both in terms of number of homes sold and in terms of median home price. There were 47 sales in April (48 in April of 2010, so right on pace) with a median price of $348,000 (down 9% from last April). If you look at the chart below, you can see that April’s sales were a nice pick up from the first quarter of 2011.

The lion’s share of sales (42.5%) were in the $200,000-$350,000 price range. Only 13% were in the $500k-$800k price range, and there was one whopper at $2.15 million.

It’s certainly nice to get a breath of life into our market which has been very sluggish thus far in 2o11.