How Has the Gig Harbor Market Changed from 2024 to 2025?

The shift from 2024 to 2025 has brought meaningful changes to the Gig Harbor real estate market, and understanding these adjustments is essential for both buyers and sellers. While many national markets have experienced volatility, Gig Harbor has remained steady and continues to show strength rooted in lifestyle appeal, limited inventory, and consistent buyer demand.

In 2024, the market was characterized by cautious buyers, fluctuating mortgage rates, and sellers who were still adjusting to the post pandemic normal. By 2025, confidence has improved and the market has settled into a more predictable rhythm. Buyers have adapted to current interest rate levels, and sellers have embraced more realistic pricing strategies after two years of correction and normalization.

One of the most noticeable changes is the increase in overall market activity. Showings are stronger, pending sales are more consistent, and well prepared listings are receiving faster attention. Inventory has remained tight, but qualified buyers are re entering the market with clearer expectations and a better understanding of market value.

Luxury homes have seen significant momentum. Many high income buyers from Seattle, California, and other coastal areas continue to target Gig Harbor for its lifestyle, natural beauty, and sense of community. This has supported price stability and strong demand across waterfront, view, and acreage properties.

Another key shift is buyer behavior. In 2024, many buyers hesitated due to uncertainty around rates and inflation. In 2025, buyers are more decisive and more willing to move forward when they find the right home. As a result, the gap between list price and sale price has tightened, and days on market have improved for properly presented homes.

Sellers have also become more strategic. Pricing is more aligned with true market conditions, and homes that receive thoughtful preparation and high level marketing continue to outperform the competition. Staging, professional photography, and strong negotiation strategies remain essential to achieving premium results.

Overall, the Gig Harbor market in 2025 feels more confident, more stable, and better aligned with long term fundamentals. Whether you are entering the market as a buyer or preparing to list your home, having a trusted expert by your side can make the process smooth and successful.

Lindsay Jackman

Lindsay Jackman | Realtor

Real Broker LLC
Direct: 253 266 1067