$220,000
5.06 Acres
Land
Cassandra Lupien, Listing Office: Real Broker LLC
Is Central Whidbey Island, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Central Whidbey Island has remained a Seller's Market.
Key Takeaway
Central Whidbey Island is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Central Whidbey Island, WA
How much do homes in Central Whidbey Island, WA cost?
Median Sold Price
$600,000
$363/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$35,000(-5.5%)
Key Takeaway
Homes in Central Whidbey Island have sold for 5.5% less than they did a year ago.
Summary: The median home sold price in Central Whidbey Island was $600,000 in November 2024, down 5.5% from last year, and the median price per square foot was $363.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $600K | $622K | +3.7% |
| 2 Bedrooms | $544.9K | $517K | -5.1% |
| 3 Bedrooms | $650K | $634K | -2.5% |
| 4 Bedrooms | $717.5K | $790K | +10.1% |
| 5+ Bedrooms | $1.0M | $1.2M | +22.9% |
Summary: Central Whidbey Island housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.7%, 2 bedroom homes decreased by 5.1%, 3 bedroom homes decreased by 2.5%, 4 bedroom homes increased by 10.1%, and 5+ bedroom homes increased by 22.9%.
Median Sold Price Compared To Nearby Cities
| North Whidbey Island | $477.1K | $502K | +5.2% |
| South Whidbey Island | $749.9K | $749.4K | -0.1% |
| Greenbank | $712K | $705K | -1.0% |
| Central Whidbey Island | $635K | $600K | -5.5% |
| Coupeville | $619K | $540K | -12.8% |
Housing Supply in Central Whidbey Island, WA
How many homes are available in Central Whidbey Island, WA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 97 | 83 | -14.4% |
Summary: The Central Whidbey Island real estate market had 83 homes for sale in November 2024, a 14.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 7 | +75.0% |
| 2 Bedrooms | 34 | 24 | -29.4% |
| 3 Bedrooms | 49 | 43 | -12.2% |
| 4 Bedrooms | 7 | 6 | -14.3% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Central Whidbey Island housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 75%, 2 bedroom homes decreased by 29.4%, 3 bedroom homes decreased by 12.2%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 27 | 21 | -22.2% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Central Whidbey Island, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 21 homes were sold or pending in Central Whidbey Island in November 2024, down by 22.2% month-over-month. Of the 21 sold homes, 43% were sold under asking, 43% were sold at asking, and 14% were sold over asking.
Days on Market for Central Whidbey Island, WA
How long does it take to sell a home in Central Whidbey Island, WA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 74 Days | 47 Days | -36.2% |
Summary: Homes in Central Whidbey Island had an average of 47 days on market in Nov 2024, down by 36.2% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Central Whidbey Island are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 21 homes were sold in Central Whidbey Island; 52% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved.