What Percentage of Homes in Gig Harbor Are Selling Above List Price?

One of the clearest indicators of market competitiveness is the percentage of homes that sell above their asking price. In Gig Harbor, this trend continues to play a meaningful role in 2026. While the extreme bidding wars of the pandemic years have moderated, a healthy share of homes still sell above list price, especially when they are well prepared, priced correctly, and located in sought after neighborhoods.

The percentage of above list sales in Gig Harbor varies by season, but the trend remains consistent. Homes that are updated, staged, and strategically priced often attract multiple buyers. These homes can sell anywhere from one to five percent above list price, with premium properties occasionally exceeding that range. This is especially true for homes with water views, acreage, new construction quality, or proximity to downtown.

Why do some homes sell above list price while others do not? It usually comes down to two factors. First, Gig Harbor has low inventory, which naturally creates competition among buyers who have been waiting for the right home to appear. Second, buyers relocating from higher priced markets often have the financial flexibility to offer strong terms in order to secure the home they want. These buyers are drawn to Gig Harbor’s coastal setting, excellent schools, and high quality lifestyle, which further strengthens demand.

However, sellers should not assume that every home will automatically sell above list price. The homes that achieve the strongest results are the ones that are intentionally prepared and priced according to current market conditions. Overpricing can cause a home to sit longer, which works against the seller. Strategic pricing, high level marketing, and expert guidance create the conditions where buyers feel motivated to compete.

For buyers, understanding this trend is essential. When a home is priced fairly and presented well, it often attracts more attention than casual buyers expect. Having a clear budget, a strong pre approval, and an experienced agent allows you to make confident decisions in competitive situations.

The continued presence of above list sales reflects a market that remains stable, desirable, and well supported by buyer demand. Gig Harbor’s unique combination of beauty, community, and lifestyle continues to attract qualified buyers who are willing to move decisively.

If you are preparing to buy or sell in Gig Harbor and want personalized guidance on pricing strategy or offer positioning, I am always here to help.

Lindsay Jackman

Lindsay Jackman | Realtor
Real Broker LLC
Direct: 253 266 1067