North Whidbey Island Homes for Sale have seen a gradual price decrease of 5% year over year as inventory levels continue to remain lower year over year. We are seeing more homes being listed for sale, but sales have increased at such a dramatic level ( 58% closed increase year to date from last year and 34% more closed transactions in July 2013 than July 2012). The inventory remains low for those homes that are least desirable but the homes that are priced right are selling quickly
The Numbers Month to Month and Year to Year
The average sales price for North Whidbey Homes for Sale was $241,200 in July 2013 compared to $212,400 during July 2012.
The number of North Whidbey Island Homes for Sale that sold was 43 in July 2013 vs. 32 in July 2012.
There are 51 North Whidbey Island Homes for Sale that are in contract which represents 20% of the overall available inventory of 263 homes for sale.
This Month’s Most Expensive
The most expensive of all North Whidbey Island Homes for sale this month is listed at $1,690,000 and includes 4 bedrooms, 3.5 baths and has 4,866 sqft. This home is located on the northeast side of Whidbey Island on 2.68 waterfront acre.
This Month’s Least Expensive
The least expensive of all North Whidbey Island single family homes for sale came in at $94,000 and would be a great home for a first time homebuyer. It has 3 bedrooms and 1 bath with 1008 sqft and could use some updating. This is a bank owned home.