Market Update
Gig Harbor Market Update — April 2026
April 29, 2026 · 4 min read · By Anita Monk
Selling soon? Visit Sellers. Buying? See Buyers. Either way, Anita's a quick message away.
Spring inventory is finally loosening up across Gig Harbor. Here's what the numbers are telling us this week.
Median sale price
The single-family median in 98335 sits at $895K, up roughly 3.4% year-over-year. Waterfront homes continue to trade at a meaningful premium, with several recent closings well above $2M.
Days on market
Median DOM is holding at 18 days for well-presented homes priced in line with comps. Listings sitting past 45 days are almost universally either overpriced or underprepared — usually both.
Inventory
- Active single-family listings: up 12% MoM
- New listings this week: 27
- Pending sales: 19
- Months of supply: 2.3 (still a seller's market)
What it means for you
Sellers: the window for spring buyers is open, but presentation matters more than ever as inventory rises. Buyers: rates are stable, competition is real on anything priced sharply, and waterfront is moving fastest.
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