If you’ve been watching mortgage rates lately, you’ve probably noticed two things: they’re moving fast, and headlines are coming in hot. For Whidbey Island buyers and sellers, the best move is to stay grounded in what actually changes your options—your payment, your buying power, and your timing.
In his latest Numbers to Know update, Windermere Chief Economist Jeff Tucker breaks down the key numbers driving the conversation this month—and why they matter for real estate.
President Trump announced a directive tied to buying $200 billion in mortgage-backed securities (MBS), with the stated goal of pushing mortgage rates lower. As Jeff Tucker explains, when there’s a big new buyer for mortgage bonds, it tends to bid their prices up—and that pushes interest rates down.
For the last three years, mortgage rates have been unusually high relative to benchmark Treasury rates. This program, evidently managed through Fannie Mae and Freddie Mac, is designed to accelerate the process of narrowing that spread.
Right after the announcement, mortgage rates moved quickly. Mortgage News Daily reported the 30-year fixed rate dropped to 6.06% on January 9th—the lowest level reported in almost three years.
But as Jeff Tucker notes, trading has been unusually volatile since then, and rates have already bounced back above 6% in the days that followed. The takeaway? Markets are reacting, but this isn’t a straight-line trend. Some highly qualified buyers who start seeing rates in the 5% range could be motivated to move this spring—but timing and preparation still matter most.
Some analysts expect the impact on rates to be positive, but not magical—especially depending on how quickly and clearly the program is implemented. Tucker points to ongoing questions about the program’s structure, and notes that while the short-term movement is real, it’s too early to predict sustained changes.
One reason this matters on Whidbey: when rates move quickly, buyers who are prepared can act fast, and buyers who are not prepared often miss out (or overextend).
Whidbey doesn’t behave exactly like the national market. Homes that are move-in ready, well-priced, or have lifestyle features buyers want (views, acreage, waterfront access, great condition) can still get strong attention—even when rates feel choppy.
That’s why the “rate headline” matters less than your plan. A 0.25% shift can change monthly payments, and that can change what buyers will compete for.
In his full update, Tucker also highlights:
You can read Jeff’s full analysis here: Numbers to Know: Mortgage Rates Are Moving, Here’s What to Know.
Mortgage rates may be trending in a friendlier direction, but the bigger story is volatility. The best way to win in a shifting market is to get prepared, stay flexible, and use local guidance when timing matters most.
Want to be connected with one of our preferred local lenders? Reach out to one of our Whidbey Island specialists and we’ll introduce you to trusted local pros who can run scenarios, talk strategy, and help you move quickly when the right home hits the market. Contact us here.
If you’re also sorting through national headlines vs. local reality, this pairs well with: Headlines Have You Worried About Your Home’s Value? Read This.
Written by Si Fisher
House hunting is exciting. But on Whidbey Island, the smartest first move isn’t touring homes—it’s getting pre-approved. Pre-approval helps you understand your true buying power and puts you in a stronger position when it’s time to write an offer.
Scrolling listings is easy. Knowing what you can comfortably afford is what makes your search productive. A pre-approval is more involved than a quick pre-qualification because a lender takes a deeper look at your finances and credit. That gives you a clearer range to shop within and helps you avoid falling in love with a home that doesn’t match your budget.
If you’re just starting your journey, this local guide can help you think through readiness and next steps: Ready to Drop Anchor on Whidbey Island? Here’s Your Guide to Home Buying Preparedness!
When a great home hits the market—especially something move-in ready or with a view—sellers want confidence that a buyer can perform. A pre-approval letter helps show you’re serious and financially prepared. It can also make timelines and terms easier to negotiate, because your financing is already moving in the right direction.
Pre-approval won’t remove every surprise, but it does reduce uncertainty. Since key documentation has already been reviewed, you can often move through the financing steps with fewer delays. That matters when you’re trying to line up inspections, appraisals, closing dates, and moving plans.
Whidbey isn’t a cookie-cutter market. From well/septic considerations to waterfront and view premiums, buyers do best when they build a team that knows the island. That includes working with local lenders who understand our timelines and can communicate quickly when it matters most.
If buying is on your radar this year, start with Whidbey Island pre-approval. It keeps your search focused, helps your offer compete, and gives you a clearer path forward.
Want an introduction to our preferred local lenders? Reach out to one of our Whidbey Island specialists and we’ll connect you with trusted professionals who can help you map out the best financing plan for your goals. Contact Windermere Whidbey here.
If you’d like to start browsing while you line up financing, you can also explore current inventory here: Whidbey Island property search.
Written by Si Fisher
If you’ve been following the national real estate headlines, you might feel like the market is stuck in a holding pattern. But when you zoom in on the Whidbey Island housing market in 2026, there are some real reasons for optimism—especially for buyers and sellers who plan ahead and lean on local data.
Below are three practical trends to watch as we head into 2026, plus what they may mean here on Whidbey Island.
For the past few years, one of the biggest frustrations for Whidbey Island buyers has been limited selection. When inventory is tight, buyers feel rushed, and the “perfect” home can be hard to find.
As inventory improves, the market tends to function better for everyone. Buyers get more choices and more time to evaluate homes, and sellers benefit from a larger pool of informed, ready buyers who can compare options and still choose what fits best.
If you want to see how inventory and activity have been trending locally, start with our Whidbey Island market trend graphics.
Even small shifts in mortgage rates can change monthly payments—and buyer confidence—quickly. While nobody can promise where rates will land, most forecasts point toward a more stable environment in 2026 compared with the sharp swings we’ve experienced.
Stability matters because it helps buyers budget more confidently and helps sellers predict demand. It also helps homeowners who have been “waiting it out” feel more comfortable making a move—often bringing more listings to the market.
In Whidbey Island real estate, the strongest results often happen when expectations are realistic: well-prepped homes, priced correctly from day one, still get attention—especially move-in-ready homes and properties with views.
Meanwhile, homes that need work (or are priced too high) may take longer and require stronger negotiation. This kind of balance can actually be healthy: buyers don’t feel forced into rushed decisions, and sellers who do the right prep are rewarded.
If you’re exploring what’s available right now, you can browse current opportunities using our Whidbey Island property search.
The Whidbey Island housing market 2026 outlook isn’t about “boom” or “bust”—it’s about a market that may finally operate with a little more breathing room and predictability.
If you’d like help applying these trends to your neighborhood (South Whidbey, Central Whidbey, or North Whidbey), reach out and we’ll talk strategy. Contact us here.
Written by Si Fisher
If you’ve been scrolling through national news feeds lately, you might be feeling a little uneasy about the housing market. Sensational headlines about “crashing prices” or “frozen markets” are designed to get clicks, but they often miss the mark when it comes to what is actually happening in our local neighborhoods.
Real estate is hyper-local. What happens in Phoenix or Austin doesn’t necessarily reflect what is happening in Langley, Coupeville, or Oak Harbor.
If you are a Whidbey Island homeowner wondering what your home is really worth in today’s market, here is the local reality based on our latest market trends.
While some headlines suggest buyers are disappearing, our local data tells a different story. According to our office’s latest trend graphics for November 2025, Pending Sales are up a massive 28% compared to this time last year.
This is a critical indicator. It means that despite interest rate fluctuations, buyers are actively writing offers and getting under contract. We also saw a 7.6% increase in closed sales year-over-year. The demand for island life remains robust.
You might see that the number of homes for sale is up by roughly 27% compared to last year. While a spike in inventory can sound alarming, in our case, it represents a return to a more balanced, “neutral” market.
For years, we suffered from a chronic lack of inventory that made it frustrating for buyers. Now, buyers have more choices, which is why we are seeing that jump in pending sales. The market isn’t stalling; it’s functioning.
The story of 2025 hasn’t been one-sided. For much of the year—especially in South Whidbey—buyers enjoyed significant leverage. We saw frequent price reductions and successful negotiations in the buyer’s favor, particularly for homes that needed work or were priced aggressively.
However, the market is shifting again. In the fourth quarter, as the number of new listings has seasonally dipped, leverage has begun to swing back slightly toward sellers. High-quality inventory is scarce.
The Takeaway? It is a bifurcated market. Move-in ready homes and properties with views are still selling quickly and for top dollar. Meanwhile, properties that require updates may still see longer market times. Correct pricing is more critical now than ever.
Don’t let national fear-mongering derail your plans. The data shows that the Whidbey Island market is active, balanced, and resilient.
If you are thinking of selling, you don’t need to panic—you just need a strategy. Connect with us to help you navigate this shifting market with confidence.
Curious about your specific home’s value? Ignore the algorithms and get a real analysis. Request a custom home valuation from a local expert today.
Written by Si Fisher
If you have plans to sell your home in 2026, you might think you have plenty of time. But as any Whidbey Island local knows, “island time” doesn’t apply when you’re prepping a property for the spring market! The most successful sellers don’t wait until the “For Sale” sign goes up to start getting ready; they begin months in advance.
Whether you are in Clinton, Langley, Freeland, Greenbank, Coupeville, or Oak Harbor, getting a head start now can make your transaction smoother and potentially more profitable. Here is your checklist for getting your Whidbey home market-ready for 2026.
Real estate on Whidbey Island is unique—from understanding ferry traffic impacts to navigating septic inspections and critical area designations. Before you lift a paintbrush, it pays to consult with a professional who knows these local nuances.
A Windermere Whidbey agent can provide a Comparative Market Analysis (CMA) to help you understand your home’s current value. They will also guide you on which improvements will offer the best return on investment (ROI) in our specific market.
We all have that list of small repairs we’ve been putting off. In a competitive market, buyers notice the details. Leaky faucets, scuffed baseboards, or a loose deck railing can signal to buyers that the home hasn’t been maintained.
On Whidbey, securing contractors can sometimes take longer than on the mainland due to high demand. Starting your repairs now ensures you aren’t scrambling to find a handyman a week before listing.
When buyers walk into your home, they need to envision their life there, not yours. This is especially true for our vacation home market, where buyers are often looking for a serene retreat.
Start packing away personal items, family photos, and excess furniture. This not only makes your rooms look larger but also gives you a head start on your own move.
Pro-Tip: If you have a view of the water or mountains, ensure your furniture arrangement highlights it! View properties are a premium here; don’t block the money shot with a bulky sofa.
Selling a home involves more than just collecting a check. From excise taxes to potential staging costs, it’s vital to have a clear financial picture before you list. Knowing your net proceeds helps you budget effectively for your next move, whether you’re staying on the island or heading off-island.
2026 will be here before we know it. By starting your preparations now, you can enter the spring market with confidence.
Ready to get started? We are here to help you every step of the way. Connect with a Windermere Whidbey agent today to build your custom selling plan.
Written by Si Fisher
Your Mid-Year Market Report: July 2025
Welcome to your comprehensive guide to the Whidbey Island real estate market for mid-2025. Serving South Whidbey (Langley, Clinton, Freeland), Central Whidbey (Coupeville, Greenbank), and North Whidbey (Oak Harbor), we bring you the latest insights into homes for sale, market trends, and expert analysis. After a dynamic start to the year, the Whidbey Island housing market is showing clear signs of a transition. A surge in available homes is creating new situations for both buyers and sellers. Here's what you need to know to navigate this evolving landscape.
299
+38.4%
Currently 299 homes for sale as of July 20, 2025. This represents a 38.4% increase compared to the same period in July 2024 (216 homes) and a 16.3% increase from the previous month-to-date (257 homes). The number of homes for sale has nearly doubled since January 2025 (142 homes).
55
+66.7%
The average Cumulative Days on Market (CDOM) is 55 days as of July 20, 2025. This is a significant 66.7% increase compared to July 2024 (33 days) and a 48.6% increase from the previous month-to-date (37 days), indicating homes are taking longer to sell.
3.7
+27.9%
Months of Inventory (based on closed sales) stands at 3.7 months as of July 20, 2025. This is a 27.9% increase compared to July 2024 YTD (2.9 months) and a 22.4% increase from the previous month-to-date (3.3 months), showing a continued shift towards a more balanced market.
Whidbey Island seller expectations remain high, with average asking prices climbing throughout the year. However, actual sold prices have recently dipped, showing that Whidbey Island buyers are becoming more price-sensitive. This growing gap is a key indicator of a cooling market, emphasizing the importance of realistic pricing for Whidbey Island homes.
Whether you're searching for a cozy beachfront cottage, a sprawling rural estate, or a vibrant community home, Whidbey Island offers diverse real estate options. Browse our extensive listings and find the perfect property to fit your lifestyle.
Discover stunning Whidbey Island waterfront homes and properties with breathtaking Puget Sound views. View Waterfront Listings
Explore family-friendly neighborhoods and properties in Oak Harbor, the largest city on Whidbey Island. Find Homes in Oak Harbor
From the artistic community of Langley to the serene landscapes of Freeland and Clinton, find your perfect South Whidbey home. Search South Whidbey Homes
The number of homes for sale has been climbing steadily all year, nearly doubling since January. This is the most significant factor changing the market, giving Whidbey Island buyers more options and reducing the intense competition seen in previous years. This trend creates a more favorable environment for finding your ideal Whidbey Island property.
Beyond the market numbers, Whidbey Island offers an unparalleled lifestyle. From the stunning natural beauty of its beaches and forests to its vibrant local communities, art scenes, and farm-to-table dining, Whidbey Island provides a unique blend of tranquility and activity. Whether you're drawn to the charming towns of Langley and Coupeville, the military presence in Oak Harbor, or the peaceful rural settings of Freeland and Greenbank, there's a perfect spot for everyone. Learn more about Life on Whidbey Island.
Navigating the Whidbey Island real estate market requires local expertise. Our team of dedicated local experts at Windermere Whidbey is here to provide personalized guidance, detailed market insights, and strategic support for your buying or selling journey. Let's discuss your goals and how we can achieve them in this evolving market.
This report provides a Local Look at the June 2025 Northwest MLS data, with a keen eye on how it impacts the Whidbey Island real estate market. There have been interesting shifts, and this analysis aims to offer a straightforward perspective, blending broader market insights with our hyper-local reality. The primary focus for tracking market supply and demand includes closed and pending sales, reflecting demand, and new and active listings, indicating supply.
Following a dip in closed sales in May, which was attributed to fallout from stock market fluctuations and economic turmoil in April, the housing market has shown a rebound. June’s residential closed sales across the Northwest MLS were almost precisely at their year-ago level. Pending sales for single-family homes experienced a 3% year-over-year increase. On the supply side, new listings increased by approximately 12% this June, and the total of active listings at month-end was 37% higher than June 2024’s inventory. While this represents a significant increase in inventory, the pace of year-over-year growth has slightly decelerated from the 39% observed last month.
The median sale price for closed single-family home sales climbed 3% from last year, reaching $695,000. This reverses the 1% decline seen in May and establishes a new high-water mark for the year, exceeding the $680,000 price level in April. This indicates that buyers across Washington re-engaged with the market in June, driving both increased sales and higher prices. However, the current high level of inventory suggests that buyers will likely gain more negotiating power later this summer.
Let's narrow our focus to our beloved Whidbey Island. While the broader Western Washington market provides context, a more precise understanding comes from examining our local communities. When it comes to Whidbey Island homes for sale, we track distinct trends, particularly in areas like Coupeville, Oak Harbor, Langley, Freeland, Clinton, and Greenbank.
Residential closed sales in the four-county greater Seattle area saw a slight dip of just half a percent year-over-year. This was largely due to a 3% gain in King County offsetting minor declines in other counties. King County's recovery is particularly notable after its significant 14% year-over-year decline in May, suggesting that some buyers re-entered the market after an earlier pause.
On Whidbey Island, the latest data provides further insight into sales activity:
This demonstrates a clear divergence in sales volume across the island, with the northern part experiencing robust growth while the southern/central areas show a slight contraction. Understanding these hyper-local nuances is crucial, highlighting the benefit of partnering with a Whidbey Island Specialist.
While Snohomish County experienced a 2% decrease in median sale price, King County led with a 7% gain, surpassing the million-dollar mark once again. Kitsap and Pierce counties also saw price increases of 4% and 5%, respectively.
For Whidbey Island, median sales prices continue to show strength:
These figures underscore the continued vitality of the Whidbey Island real estate market, reflecting consistent buyer demand.
Looking ahead, pending sales across the greater Seattle region returned to modest year-over-year increases, totaling 3%. This was led by an 11% rise in Pierce County and a 4% rise in King County, though partially offset by declines of 4% in Kitsap and 5% in Snohomish County.
For Whidbey Island, weekly reports indicate:
This mixed activity in pending sales suggests that while demand is present, buyers are becoming more discerning, a trend that active listings will further emphasize.
On the supply side, the four-county greater Seattle area had nearly 9,000 active listings at the end of June, representing a 40% increase from the same time last year. While substantial, this gain is a smaller percentage than the 45% year-on-year growth observed in May, indicating a deceleration in the inventory buildup.
Here on Whidbey Island, inventory levels reveal an interesting narrative:
This increasing inventory is favorable for buyers, offering more choices and potentially greater negotiating power as the summer progresses. For sellers, it underscores the importance of a well-presented and effectively priced property from the outset. Explore available homes through our Our Active Listings page.
The June report confirmed that greater-Seattle-region buyers re-engaged with the market in June, marking a return to a "new normal" in sales activity after a pause in April. As the seasonal cooldown in demand is anticipated, coinciding with the peak of summer, the market dynamic is likely to favor buyers who continue their home search in the second half of the year. Furthermore, increased inventory is expected to introduce some competitive pressure on sellers who have yet to receive offers.
For those considering a move to our beautiful island, exploring our Explore Whidbey Island guides can provide invaluable insights into communities like Coupeville, Oak Harbor, Langley, Freeland, and Greenbank.
Statistics only tell part of the story. The true value lies in understanding how these numbers apply to your specific real estate goals on Whidbey Island. Whether buying a piece of island paradise or selling a current home, partnering with a local expert is essential. Windermere brokers on Whidbey Island possess an intimate knowledge of its diverse neighborhoods, unique features, and evolving market dynamics. The focus extends beyond mere transactions to fostering connections and building community—a reflection of the "Human Algorithm" philosophy in action.
Don’t just navigate the Whidbey Island real estate market; master it. We are here to provide the insights, strategies, and local connections that make all the difference. Ready to make a move? Connect with us today.
Hi, I'm your friendly Whidbey Island real estate specialist. In the world of real estate, having a savvy local expert by your side is like having a lighthouse in a storm—especially now. While economists paint broad strokes about the Western Washington housing market, what's truly happening on our beautiful island? Let's dive into the latest data and translate what it means for you.
The recent chatter across the real estate world, sparked by Windermere's Chief Economist Jeff Tucker's latest analysis, has been about a market in flux. A pullback in April's pending sales, influenced by stock market jitters and political announcements, led to fewer closed sales in May across the Northwest MLS. But as the stock market found its footing, the housing market is also showing signs of a comeback.
But the big question is: How does the wider regional story translate to the unique Whidbey Island real estate market? Let's look at the key metrics for our local communities.
Across the entire Northwest MLS, closed single-family home sales saw a 3% dip in May compared to last year, a direct echo of April's uncertainty. Pending sales, a more current indicator of buyer demand, flattened out year-over-year after a 4% drop in April, suggesting a rebound.
Here on Whidbey, however, we're marching to the beat of our own drum. While the region is seeing a slight cooling, the island's market is showing resilience. Thinking of buying or selling on the island? Understanding these nuances is key. Partnering with a Whidbey Island Specialist ensures you're not just getting general data, but actionable, hyper-local insights.
On the supply side, the story for Western Washington is one of significant growth. New listings jumped by 13% across the NWMLS, and active listings ended May a whopping 39% higher than in 2024. This is great news for buyers, who now have the most options they've seen in years.
This trend holds true for the Whidbey Island real estate market. This expanding inventory offers a golden opportunity for buyers to find their perfect island retreat without the intense competition of recent years. For sellers, it means that strategic pricing and presentation, guided by a local expert, are more important than ever.
Regionally, the median price for a single-family home slipped by 1% to $677,500, a pause in price appreciation caused by more inventory and cautious buyers. The greater Seattle area saw prices dip slightly, heavily influenced by a 1.2% drop in King County.
But here's where hiring a Whidbey Island Realtor truly pays off. Our local market tells a different, more positive story. Far from declining, our property values are holding strong, demonstrating a continued, robust demand for the island lifestyle.
While regional reports provide a good map, you need a local guide to navigate the terrain. The Whidbey Island real estate market is proving to be robust and distinct from the broader Western Washington trends. We have growing inventory, which is a significant win for buyers, coupled with strong property values, which is excellent news for sellers.
Economic uncertainty and mortgage rates around 7% are still factors, of course. But the data shows that the dream of island living is alive and well. Buyers have more choices, and sellers can be confident in the enduring value of their investment.
Whether you're looking to sell your property or find your forever home in Langley, Oak Harbor, Coupeville, or anywhere in between, the market holds promise. Let's connect and discuss how these trends create opportunity for you. With a dedicated Whidbey Island Realtor, you'll have the expert partnership you need to achieve your real estate goals with confidence.
Contributed by Si Fisher
Easter on Whidbey Island is like opening a giant, community-wide Easter egg: filled with surprises, wrapped in the beautiful scenery of the Pacific Northwest, and, let's be honest, probably a bit more chocolate than anyone needs. This year, the island is hopping with activities for everyone from the tiniest of tots to adults who are kids at heart. Here's your golden egg of information on where to find the fun!
Kick-off your Easter weekend with a bang at the Holmes Harbor Rod & Gun Club on March 30, at noon. Kids 11 and under are invited to hunt for Easter treasures, enjoy prizes, and munch on hot dogs. And for a little extra magic, the local 4H group will introduce some adorable animals. Don't forget your basket, and try to hop in by 11:30 AM to catch all the fun.
Date & Time: March 30, Noon - 1:00 PM
Location: 3334 Brooks Hill Road, Langley, WA 98260
Prefer a hunt with a side of fizz? Head to The Thirsty Crab Brewery on March 30, from 10:00 AM to 12:00 PM, for an egg-stravaganza that includes more than just hunting for eggs. This event is bursting with activities – think Easter Bunny photos, a bouncy castle, and crafts, making it a perfect family outing. Plus, with age-appropriate hunts for those 12 and under, every child gets a fair crack at finding those hidden treasures.
Date & Time: March 30, 10:00 AM - 12:00 PM
Location: Thirsty Crab Brewery, 9000 SR 525, Clinton
Hop your way to Meerkerk Gardens for an Easter Egg Hunt amidst flowers in peak bloom! On March 30, with hunts at 11 AM and again at 2 PM, children 10 & under can explore this botanical paradise for hidden eggs. Little explorers up to age 5 have their own special area near the Gazebo, while the 6-10-year-olds embark on their adventure in a separate spot. Don't miss the chance to meet the Meerkerk Bunny and experience the gardens during the most enchanting time of the year.
Date & Time: March 30, 11:00 AM - 2:30 PM
Location: 3531 Meerkerk Lane, Greenbank
Next on the list, Whidbey Farm & Market is pulling out all the stops for their 2nd annual Easter event, happening on the last two weekends in March. Families can enjoy an egg hunt, a candy cannon, a bouncy house, and a meet-and-greet with the Easter Bunny. And for the adults? An Easter Egg Hunt under the stars on March 29th, with over $500 worth of prizes, games, bonfires, and music to keep the festive spirit alive.
Date & Time: March 30, 11:00 AM - 3:00 PM
Location: 1240 Arnold Road, Oak Harbor
Join the Oak Harbor Main Street Association for a cherished community event at Smith Park. On March 30, from 11:30 AM to 1:00 PM, families can enjoy a sensory-friendly hunt before the main event at 12:30 PM for kids up to age 10. It’s not just about the eggs; learn about the majestic Garry Oak trees and snag some free books in this educational and fun-filled outing.
Date & Time: March 30, 11:30 AM - 1:00 PM
Location: Smith Park, SE Midway Boulevard & SE 9th Avenue, Oak Harbor
Between the egg hunts and the Easter Bunny meet-and-greets, we're reminded of the joys of community and the warmth of coming home. In the spirit of new beginnings this Easter, why not consider finding your perfect nest on Whidbey Island? Working with a local broker who knows the island inside and out can crack open a world of opportunities, whether you're buying, selling, or just exploring your options. Remember, the best hunts end with finding exactly what you were looking for, and in real estate, it's no different.
Happy Easter!
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