The prices for Whidbey Island homes for sale haven’t been this low since around 2005 and this makes it an excellent time to invest in real estate here.
Coupeville, WA (PRWEB) July 19, 2010
While the Whidbey Island real estate market is showing signs of recovery, the median sales price here is still the lowest that it has ever been in recent years, according to local real estate specialist Pamela Z. Hill. The founder of leading real estate brokerage Whidbey View Homes, Hill reports that the number of home sales has been rising on the island, but that the median sales price is still significantly lower than it was during the peak years of 2006 and 2007.
“The recent rise in home sales indicates that homebuyers and investors are realizing that there are many good deals to be found on Whidbey Island right now,” says Hill. “The prices for Whidbey Island homes for sale haven’t been this low since around 2005 and this makes it an excellent time to invest in real estate here.”
According to a recent article from leading financial magazine Barron’s, the country’s luxury real estate market has been seeing increasing signs of activity since the first quarter of this year, with many of the best deals to be found in second homes. This holds true for Whidbey Island, as well, says Hill, who has a particular expertise in luxury waterfront and view homes on the island.
“If you’ve been thinking about relocating to Whidbey Island or buying a second home here, you will find current market conditions to be extremely favorable for buyers,” she says.
Whidbey Island, which is located just south of the San Juan Islands and north of Seattle, is one of the nine islands that comprise Island County, Washington. Known for its secluded feel and abundant water views, it is a favorite destination of those seeking privacy, relaxation and the great outdoors.
For more in-depth information on the Whidbey Island real estate market, the region, and its different communities, visit Hill’s comprehensive real estate website, WhidbeyViewHomes.com.
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