EXCLUSIVE
2022
RE/MAX Exclusive 7201 Pioneer Way Suite A101 Gig Harbor, WA 98335
Each office is independently owned and operated.
LET THE DREAM COME TRUE! STEPHANIE PATRICK Though it has been nearly two years since this pandemic, a New Year is on the way with great enthusiasm! Remember, the grass is always greener where you water and nourish it! Let the New Year bring hope, prosperity, and love!
REALTOR®, Senior Real Estate Specialist, Certified Luxury Home Marketing Specialist, Institute of Luxury Marketing Member
IN TOW N GI G HA R BO R January 2022 | Real Estate Market Report
253.297.0022
Presented by Stephanie Patrick
spatrick@remax.net www.InTownGigHarborLiving.com
Your In Town Gig Harbor Real Estate Specialist and Proud Neighbor Since 2006
-Stephanie Patrick Published by REAL Marketing (RM) | www.REALMarketing4You.com | 858.952.4280 | ©2022
EXCLUSIVE
PREPARED ESPECIALLY FOR
Johnathan and Angela-Marie Williams
Looking Ahead:
IN TOWN GIG HARBOR Real Estate Market Report In Town Gig Harbor Homes Currently Listed View
Beds
Baths
Estimated Square Feet*
List Price**
Condominium
N/A
2
1.75
1,200
$550,000
Condominium
Partial, Sound
2
1.75
1,200
$625,000
Property Type
Is a Normal Real Estate Market on the Horizon?
There are Currently 4 Homes Pending in In Town Gig Harbor For more information on any In Town Gig Harbor homes, contact me at 253.297.0022.
STEPHANIE PATRICK REALTOR®, Senior Real Estate Specialist, Certified Luxury Home Marketing Specialist, Institute of Luxury Marketing Member
253.297.0022 spatrick@remax.net www.InTownGigHarborLiving.com
In Town Gig Harbor Homes Sold in the Past 60 Days Address
Property Type
View
7221 Soundview Drive #301
Beds Baths
Estimated Square Feet*
List Price**
Sold Price**
Sold Date
Condominium
Mountain, Sound, Territorial
2
2.00
1,900
$950,000
$989,000
10/28/21
3421 Lewis Street
Residential
Bay, Sound
3
2.00
1,800
$850,000
$850,000
11/30/21
9017 N Harborview Drive
Residential
Bay, Sound
4
7.50
4,000
$2,900,000
$3,000,000
11/15/21
6750 Weather Glass Lane
Residential
N/A
2
2.00
1,700
$705,000
$675,000
11/05/21
6817 Soundview Drive
Residential
Bay, Mountain, Sound
4
1.50
2,900
$890,000
$850,000
11/05/21
9418 (Lot 10) Ancich Court
Residential
N/A
3
3.00
2,500
$919,000
$895,000
11/05/21
9118 Peacock Hill Avenue
Residential
Bay, Sound
4
3.75
2,900
$1,179,000
$1,180,000
10/29/21
3312 Shyleen Street
Residential
Bay, Mountain, Sound
3
2.00
2,100
$970,000
$970,000
10/25/21
3008 Islandview Court
Residential
Sound
3
2.50
2,100
$679,000
$679,000
10/22/21
9417 Peacock Hill Avenue
Residential
N/A
2
1.00
900
$425,000
$425,000
10/21/21
6722 Cascade Avenue
Residential
Mountain, Sound
4
2.50
4,100
$1,595,000
$1,515,000
10/15/21
Stephanie Patrick and RE/MAX Exclusive are not in any way affiliated with In Town Gig Harbor Owners Association, nor is this in any way an official advertisement or publication of In Town Gig Harbor. ©2022 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the NWMLS from October 7th, 2021 to December 6th, 2021. Listings and sales may not be those of RE/MAX Exclusive. The NWMLS does not guarantee the accuracy of this data, which may not reflect all the real estate activity in the area. E&OE covered. This market report is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship. *Indicates a number rounded to the nearest 100. **Indicates a number rounded to the nearest 1,000.
2022 REAL ESTATE PREDICTIONS: •
Sale prices will continue to increase, but at a slower rate than 2020 and 2021. Experts predict a 12.0% increase in year-over-year sale prices by July 2022, while last year experienced an 18.6% increase.
•
Inventory is expected to rise, allowing the market to cool off and buyers more time and options while searching for their home.
•
Interest rates will remain favorable to buyers and keep home sales going steady. Freddie Mac forecasts 4.0% interest rates by the end of 2022, and experts predict rates to be around 3.6%.
https://homesca.net/real-estate-blog/2022-housing-market-forecast-boom-or-bust/
Johnathan and Angela-Marie, As we enter 2022, we can be sure of one thing – the real estate market will continue to evolve. Now more than ever, you need an experienced In Town Gig Harbor Realtor in your corner. Call me today at 253.297.0022 to get the latest updates on home values in your area and marketing and negotiation skills that can help you achieve the highest sale price!