So only a few months into 2017 and the Williamsburg VA real estate market is moving along strongly. Although we show 4.5 months of inventory in the Williamsburg market that’s a little deceiving. Some of that is proposed construction. Homes that are priced right and in good condition are selling quickly. We have seen a few homes recently with multiple offers within a few days of being listed..
Interest rates remain low We expect this trend to continue for the next several months. Right now our biggest issue is finding houses to sell.
If you’re a Williamsburg home owner who has been wondering if it might finally be time to sell, email John@MrWilliamsburg.com and we can prepare a complimentary analysis of market value for you – you just may be pleasantly surprised.
New Listings were up by 16.9%, closed sales up by 10.5%, and the median sale price was up by 18.5% for the greater Williamsburg Virginia area as compared to January ’16.
Check out the Williamsburg Real Estate Market Stats January 2017 for more detailed stats
psst … I’m a Realtor! Thanks for stopping by my website. I would love to help you find your dream home and community in the Hampton Roads or Williamsburg area or to sell your existing home.
This post was authored by local resident and REALTOR, John Womeldorf. John is known around town as Mr. Williamsburg, for both his extensive knowledge of Hampton Roads and the historic triangle, and his expertise in the local real estate market. His websites,WilliamsburgsRealEstate.com and Mr Williamsburg.com were created as a resource for folks who are exploring a move toWilliamsburg, VA , Hampton Roads VA and the surrounding areas of the Virginia Peninsula.
You can search homes for sale , active adult communities, 55+ communities, condos and townhomes , land and commercial property for sale in Williamsburg, Yorktown, New Kent, Poquoson, and Gloucester, VA as well as surrounding markets here
You can reach John by phone at 757-254-8136 or email him at John@MrWilliamsburg.com
I look forward to serving your real estate needs!