March Home Sales Report:
March home sales indicators are out, and spring is off and running. New listings were up 17.2% for single family detached and 18.8% for single family attached properties. Pending sales increased 14% for single family detached, and 40.9% for single family attached properties.
Quick Facts about the Single Family Detached Market in the Williamsburg VA area:
+8.2% – One-year change in Median Sales Price
4.8 – Number of month’s supply
$144 – Median Price per Square Foot (+9% from the same time last year)
$372,690 – Median Sales Price (Up 8.2%)