Gig Harbor Market Condition Report
April 14, 2010
	Homes
Price Range	For Sale	# Pending	Ratio	Type of Market
$100000 - 200000	6	4	67%	Sellers
$201000 - 300000	97	30	31%	Buyers
$301000 - 400000	105	16	15%	Buyers
$401000 - 500000	71	18	25%	Buyers
$501000 - 600000	74	8	11%	Buyers
$601000 - 700000	59	13	22%	Buyers
$701000 - 800000	33	5	15%	Buyers
$801000 - 900000	31	2	6%	Buyers
$901000 - 999999	21	0	0%	Buyers
Over $1,000,000	75	4	5%	Buyers
Grand Total	572	100	17%	Buyers
Absorption Rate
April 14, 2010
		Months of inventory	Months of inventory	Months of inventory
		based on the	based on the	based on the
	Homes	sales of the last	sales of the last	sales of the last
Price Range	For Sale	12 Months	6 Months	3 Months
$100000 - 200000	6	3.79	9.00	6.00
$201000 - 300000	97	9.86	12.65	12.65
$301000 - 400000	105	9.26	10.16	12.12
$401000 - 500000	71	7.82	9.26	11.21
$501000 - 600000	74	14.32	17.76	18.50
$601000 - 700000	59	22.84	22.13	22.13
$701000 - 800000	33	16.50	18.00	19.80
$801000 - 900000	31	62.00	93.00	#N/A
$901000 - 999999	21	31.50	63.00	#N/A
Over $1,000,000	75	52.94	64.29	56.25
Grand Total	572	12.95	15.53	17.16