Is now a good time to sell my house in Gig Harbor?

It depends more on your plans than on the market. The right time is usually when a sale fits your next move, your finances and the state of the house.

If you want a market signal, compare recent sales of homes like yours in Gig Harbor with what is still listed. When listings sit longer and prices get cut, buyers have the upper hand.

More in How Do I Know When It’s Time to Sell My House?

Should I sell my Gig Harbor house as-is or fix it up first?

It comes down to whether the repairs add more than they cost. Small, visible fixes usually do. Remodels usually do not.

Gig Harbor is a mix of older and newer homes. In our sample, three of five were built in 1980 or earlier, so an older house competes with newer ones and its condition shows. Older homes there also sell at a wider discount to new construction than the Washington median, 19.8 percent against 30.3 percent.

More in Should I Sell My House As-Is or Fix It Up First?

What are the benefits of selling my Gig Harbor house off-market?

Discretion, no preparation and control of the calendar.

  • Privacy. The house is never listed for sale, and there are no showings or open houses.
  • No preparation. No repairs, staging or deep cleaning before you sell.
  • Certainty on timing. You choose the closing date at the start, not after the inspection.
  • A simpler negotiation. One buyer and one conversation, from offer to closing.

The trade-off is exposure. A listing puts the house in front of every buyer in the market, and competition can push the price up. Should I Sell My House Off-Market? weighs both.

How fast can I sell my house in Gig Harbor?

As fast as the title work allows, if you sell privately. You and the buyer set the closing date, and the title search and Washington’s closing documents set the floor.

A listed sale usually takes longer, because the house has to be prepared, shown and negotiated, and the buyer’s inspection, appraisal and loan approval can still undo the deal late in the process.

If you are relocating, read How Do I Sell My House Fast When I’m Moving for Work?

What does it cost to sell a house in Gig Harbor?

Commission first, then transfer taxes, title and closing fees, and the repairs or credits a buyer asks for after inspection. Address District charges no commission.

On federal taxes, the IRS says an owner who owned and lived in the house as a main home for two of the five years before the sale may exclude up to $250,000 of gain, or $500,000 for a married couple filing jointly.

Line by line in How Much Does It Cost to Sell a House?

How does selling my Gig Harbor house off-market work?

In four steps, with no listing and no showings.

  1. Send us the address and a few details through the offer form, or get in touch.
  2. A person on our team looks at the house and recent sales nearby, and may ask for a walk-through.
  3. We send a written offer. You are under no obligation to accept it.
  4. If you do, the closing is handled by a title company or closing attorney, on your date.

You will know in writing who the buyer is before you sign anything.

What if my Gig Harbor house isn’t selling?

Usually the price, sometimes the condition, occasionally the marketing. The showing count tells you which.

Before you talk to another buyer, read your listing agreement. Most owe the agent a commission on any sale during the term. More in Why Isn’t My House Selling?

How does Gig Harbor compare with nearby neighborhoods?

Gig Harbor, 4 miles away, counts one older home among the two we sampled. Burien, 16 miles away, shows one older home among the two we sampled. West Seattle and Fauntleroy, 20 miles away, has one older home among the three we sampled. Gig Harbor ranks tied for 337th nationally for older homes, ahead of all of them.

Every neighborhood in the index has its own page, and the Washington page lists all 48 in the state.

Do older homes in Gig Harbor sell for less than new construction?

In our sample, yes. The average price of older homes in 98335 was 19.8 percent of the average price of new construction in the same ZIP code. The Washington median is 30.3 percent, and the index median is 23.1 percent. With three older homes behind it, treat the figure as a rough guide.

The gap reflects size, lot and condition as much as age, so price an older house against recent sales of other older houses nearby, not against new construction.

Gig Harbor by the numbers

Older homes
3
of 5 homes sampled, built 1980 or earlier
Share of older homes
60.0%
Washington 28.8%. Index 49.0%.
Older vs new
19.8%
Older home price as a share of new construction
National rank
#337 (tie)
of 1,192 ZIP codes
State rank
#13
of 48 in Washington
Minimum lot
15,682 sq ft
As recorded in the source data

Of the five homes in the Address District sample for Gig Harbor (98335), three were built in 1980 or earlier, a share of 60.0 percent. That places 98335 tied for 337th of 1,192 ZIP codes nationally for the number of older homes, and 13th of 48 in Washington.

Across the 48 Washington ZIP codes in the index, 28.8 percent of the homes sampled were built in 1980 or earlier, against 49.0 percent across all 1,192 ZIP codes.

With five homes in the sample, read these figures as a snapshot of the homes sampled rather than a measure of the whole ZIP code.

How 98335 compares

Share of older homes

Homes in the sample built in 1980 or earlier

98335 Gig Harbor60.0%
Washington28.8%
All ZIP codes in the index49.0%

Older home prices against new construction

Average older home price as a share of new construction

98335 Gig Harbor19.8%
Washington median30.3%
Index median23.1%

Nearby neighborhoods in the index

ZIPPlaceDistanceRankShare
98332Gig HarborPierce County, WA4 mi76250.0%
98166BurienKing County, WA16 mi76250.0%
98136West Seattle / FauntleroySeattle, WA20 mi70733.3%
98116West Seattle / AdmiralSeattle, WA21 mi70733.3%
98391Lake TappsPierce County, WA23 mi883100.0%
98110Bainbridge IslandKitsap County, WA24 mi65612.5%
98056NewcastleKing County, WA25 mi45133.3%
98040Mercer IslandKing County, WA25 mi42516.7%

The top of Washington

State rankZIPPlaceHomesOlder homesShare
198004BellevueKing County, WA401332.5%
298052RedmondKing County, WA361336.1%
398033KirklandKing County, WA941111.7%
498008BellevueKing County, WA451124.4%
598006BellevueKing County, WA38923.7%
698115Ravenna / WedgwoodSeattle, WA15533.3%
798034KirklandKing County, WA10550.0%
898007BellevueKing County, WA17423.5%
998117Ballard / Crown HillSeattle, WA5480.0%
1098077WoodinvilleKing County, WA44100.0%

All 48 Washington ZIP codes in the index ›

About the data. Older homes are homes built in 1980 or earlier. Rank orders ZIP codes by the number of older homes in the sample, then by the number of homes. Full methodology and the complete index. Nothing on this page is legal, tax or financial advice.