Team NSRG | October 27, 2026 | By Jeremy Minor
Gig Harbor buyers are still making moves, while a larger selection gives them more to compare. September's broader Residential market had more homes for sale than a year earlier and nearly the same number of closings. My read is that well-positioned homes can attract interest, but pricing and property-specific details remain important.
What Buyers And Sellers Can Take From This
For buyers: Compare the available homes and distinguish completed homes from presale or unfinished construction. Location, completion timing and the total payment can matter as much as the asking price.
For sellers: Help buyers understand the value and condition of your home. A realistic asking price and clear presentation can make it easier to compete with the alternatives.
The Latest Report Snapshot
The latest snapshot recorded 26 pending events and 16 sold events, compared with 21 and 6 in our October 20 report. Price reductions fell from 27 to 19. More homes reached pending or sold status in this report. These are comparisons with our October 20 report, not identical seven-day periods.
Click Below to View Listings
Active-Event Listings
These 11 links match Active events in the October 27 report. They are not today's complete inventory; availability and status can change.
14903 42nd Av Ct NW - MLS 2598154 (presale; not a completed home)
4819 52nd St Ct NW - MLS 2597292
9723 Harborview Place NW - MLS 2595902
5813 Reid Dr NW - MLS 2597572 (unfinished construction)
5618 Old Stump Dr NW - MLS 2597210
5603 64th St Ct NW - MLS 2596773
12215 49th Av Ct NW - MLS 2588682
7615 78th St NW - MLS 2594689Pending as of November 3, 2026.
10947 Echo Rock Place - MLS 2596304
2320 87th St Ct NW - MLS 2596231
4121 101st St Ct - MLS 2589292
First Look Listings
This link matches the First Look event in the October 27 report. First Look is the source status at that time; see the dated status notes below.
13503 Rocky Creek Rd NW - MLS 2597924 (Key Peninsula North)Zillow: First look as of November 3, 2026.
September Context For Your Decision
September's broader Residential homes for sale rose 26.1% year over year, while closed sales fell 1.3%. Average sold-home price was 13.4% above a year earlier but 3.2% below August. More choice and a higher yearly average can coexist; the comparable homes and the sales mix remain the best guide to an individual decision.
The Monthly Price Path
Rates And Your Monthly Payment
August and September 2026 only: a two-month comparison, not a sustained trend.
The national 30-year fixed weekly survey averaged 6.67% in August and 6.86% in September. Price is only one part of affordability: compare the payment for the home and financing available to you. These national series do not establish why local prices changed.
Mortgage-Rate Snapshot: October 26, 2026
The latest dated Mortgage News Daily observation checked for this report was October 26. These national index readings are context, not a lender quote or live widget. MND's daily index differs from Freddie Mac's weekly survey; the two methods and their rates are not interchangeable.
Loan type | Rate | Daily change (percentage points) |
|---|---|---|
30-year fixed | 7.33% | 0.00 |
15-year fixed | 6.99% | +0.01 |
30-year jumbo | 7.60% | 0.00 |
7/6 SOFR ARM | 6.82% | +0.07 |
30-year FHA | 6.96% | -0.02 |
30-year VA | 6.98% | -0.01 |
Current MND rate page | Daily rate movement and methodology
The Numbers Behind The Update
Listing event | October 20 report | October 27 report | Change |
|---|---|---|---|
First Look | 1 | 1 | 0 |
Active events | 19 | 11 | -8 |
Back on market | 0 | 4 | +4 |
Price reduced | 27 | 19 | -8 |
Price increased | 0 | 2 | +2 |
Contingent | 3 | 3 | 0 |
Expired | 3 | 2 | -1 |
Pending | 21 | 26 | +5 |
Sold | 6 | 16 | +10 |
Canceled | 6 | 4 | -2 |
Period | Average sold-home price |
|---|---|
September 2024 | $907,657 |
September 2025 | $930,873 |
August 2026 | $1,090,698 |
September 2026 | $1,055,721 |
Year over year | +13.4% |
Month over month | -3.2% |
Period | Closed sales |
|---|---|
September 2024 | 69 |
September 2025 | 75 |
August 2026 | 61 |
September 2026 | 74 |
Year over year | -1.3% |
Month over month | +21.3% |
Period | Homes for sale |
|---|---|
September 2024 | 180 |
September 2025 | 218 |
August 2026 | 268 |
September 2026 | 275 |
Year over year | +26.1% |
Month over month | +2.6% |
Month | National 30-year fixed mean |
|---|---|
August 2026 | 6.6675% |
September 2026 | 6.8625% |
Month | Residential average sold-home price |
|---|---|
August 2026 | $1,090,698 |
September 2026 | $1,055,721 |
Month | Average sold-home price |
|---|---|
September 2025 | $930,873 |
October 2025 | $947,103 |
November 2025 | $963,423 |
December 2025 | $1,065,497 |
January 2026 | $925,572 |
February 2026 | $857,681 |
March 2026 | $975,370 |
April 2026 | $1,038,801 |
May 2026 | $999,030 |
June 2026 | $1,178,911 |
July 2026 | $1,084,249 |
August 2026 | $1,090,698 |
September 2026 | $1,055,721 |
Questions Buyers And Sellers Ask
Does the average price tell me what my home is worth?
No. It describes the mix of homes that sold. Recent comparable sales, current competition, condition and location provide a more useful starting point for an individual home.
Do these weekly counts equal the number of homes available?
No. They count listing-status events in the source view, and a listing can appear in more than one category. Monthly homes-for-sale figures are a separate, broader Residential measure.
Making Your Next Move
Gig Harbor rewards a careful comparison of the homes that fit your plans. Buyers can weigh their alternatives, and sellers can stand out with the right price and presentation. If you are considering a move, I am happy to help you put these numbers in context. - Jeremy
