What cash buyers have been doing here in the last 12 months.
Data last updated
In Gig Harbor (98332), investors own about 14 tracked properties across 3 active buyers, with a median investor purchase price near $938,000. 0 were acquired in the last 12 months.
Buying has slowed in 98332 — 0 purchases over 12 months versus about 8 the year before, off roughly 100%. Less competition per contract, but also fewer buyers to place one with.
Most capital here runs new construction — 50.0% of tracked activity. Buyers are absorbing newly built inventory, so wholesalers working tired or distressed stock are pitching against the grain of what this market's capital is actually doing.
Investor-held stock here dates to a median of 1977. 50.0% of the stock is pre-1980 — budget for older wiring, plumbing and the paperwork that comes with it.
Across 98332, 3 active buyers account for approximately 14 investor-held properties.
Typical deal size in 98332 sits around $938,000. An average of $1,923,000 against that median means a handful of large purchases are skewing the mean. Use the median when you price, or you will aim high and lose the middle of the market.
Figures describe recorded investor purchases in this ZIP code and are refreshed as new records are processed. They describe past activity and are not a forecast or investment advice.