Williamsburg VA Home Sales Report for August 2017

New listings are up a big 30% over this time last year for single-family detached homes in the Williamsburg Area and 15% for single family attached properties, according to the August home sales report. Pending sales increased 7.5% for single-family detached, and nearly 38% for single family attached properties. The median price was up 4.6% for SF detached and 3.5% for SF attached properties.

Quick Facts* about the Overall Home Sales Market in the Williamsburg area:
+4.6% – One-year change in Single Family Detached Median Sales Price in August
5 – Number of month’s supply, fairly consistent this year – but still only 3.5 months inventory for SF attached homes and 5.5 for SF detached

$137 –Median Price per Square Foot, virtually the same as this time last year
$320,445 – Median Sales Price, up 7% from the $319,250 reported this time last year

605 single family detached properties on the market at month-end; 128 single-family attached homes.

Read the full Williamsburg VA August 2017 Monthly Home Sales Report here

 

Pss’t I’m a real estate agent

This website is authored by local resident and REALTOR, John Womeldorf. John is known around town as Mr. Williamsburg, for both his extensive knowledge of the Williamsburg/ Richmond/ Hampton Roads area and his expertise helping buyers and sellers in the local real estate market.

If you are a homeowner searching for someone innovative to sell your home I would love to share my thoughts on marketing. You can read some of the stories I have written about the homes I have sold here.

Additionally, I have helped hundreds of folks find their dream home/ community and would love to help you find yours in the Williamsburg, Yorktown, New Kent, VA Beach, Chesapeake, Suffolk, Isle of Wight,  Poquoson and Richmond VA area.

I look forward to serving your real estate needs!

Best,

About mrwilliamsburg

I love Williamsburg !
Being “Mr. Williamsburg” and starting my web site in 2004 has been a great way for me to help people looking for homes for sale, communities and an “insider knowledge.” of the area.
Turned out I was onto something. Because I offer in-depth information and up-to-the-minute blogging, even international clients have found me. One couple, moving back to the States from France, told me that a post I wrote blog about grocery shopping in Williamsburg convinced them that Williamsburg was the place to be, and that I was the best source by far that they found on the web.
I’m happy to say that I hear similar comments from many of my clients looking for homes throughout Williamsburg and Hampton Roads.
I grew up in Virginia Beach, Va, After attending college, I worked at a number of positions including manager of a land development and construction company and business manager of a cut flower business that we grew in sales from $300,000 to $15 million (we were supplier to Whole Foods and one of the first cut flower suppliers to Costco).
In 2004, it seemed like a good time to simplify my life. I moved my family from Annapolis to Williamsburg. I went into real estate with Liz Moore and Associates, and was one of the initial agents when Liz opened her Williamsburg branch.
My sons Zach and Josh attend Lafayette High School and Hornsby Middle School and are crazy about sports and the outdoors.
I feel lucky to be living the dream, and saving two to four hours by not driving on the DC beltway every day. So, I can now spend my time with family while concentrating on learning — and sharing — information about living in Williamsburg.
In real estate, no two people or transactions are the same. Everything’s a challenge, and I’m rewarded every time in close a transaction and have the opportunity to see the smiles on clients’ faces.
Please email or call me for assistance with any real estate questions about the area
John@MrWilliamsburg.com or 757 254 8136