2011 Oak Harbor Real Estate Wrap-up

 

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Here are the Initial Statistics for 2011 home sales on North Whidbey Island:

 -   $247,897 – the average price of single family homes sold on North Whidbey Island in 2011, a decrease of 1.4% compared to 2010.

 -   334 - the number of single family homes sold in 2011 on North Whidbey Island, the exact same number as sold in 2010!

-   121 days – the number of average Days-on-Market for homes sold on North Whidbey Island in 2011, up slightly from 111 days average for the same period last year.

-   12.5% – fewer homes for sale this year than last.  With 12.5% fewer homes on the market this year, there is now only an 8.3 month supply of homes for sale, vs. a 9.5 month supply at this time last year.