Residential Trends New listings were up 2.9% year-over-year, and year-to-date listings climbed 17.3%, giving buyers a wider range of choices across the island. Pending sales rose 51% compared to last October, showing that motivated buyers are still out there — especially for well-maintained, move-in-ready homes. Closed sales dipped slightly (–9.6%) and homes are taking a bit longer to sell, averaging 51 days on market compared to 42 last year. The median sales price held steady at $642,500, while the average price inched up to $760,114. Sellers are receiving about 97.7% of list price, indicating a touch more negotiating flexibility for buyers. With inventory up 27.5% and months of supply at 3.5, we’re seeing a gentle shift toward balance — a welcome change after several years of fast-paced activity.
What It Means for Buyers and Sellers
For Buyers: More inventory and stable prices mean you can take the time to find a home that truly fits your needs — whether it’s a craftsman near Oak Harbor, a beach retreat near Coupeville, or a garden cottage in Langley.
For Sellers: Well-priced homes with thoughtful updates and strong presentation are still selling quickly. Today’s buyers appreciate quality and value — especially when paired with Whidbey’s unmatched natural beauty. Even as the market evens out, our island continues to attract people seeking community, creativity, and a slower pace of life surrounded by the Salish Sea. If you’d like to discuss how these trends affect your buying or selling goals, I’m always happy to connect.