The February 2018 Williamsburg home sales market report looks positive from any number of perspectives. Here’s why: first, new listings were up 11% for single-family detached homes, and 28% for townhouse/condo properties; second, the median sales price was up 12% for single-family homes and 19% for townhouse/condo properties; and third, closed sales were up 19% […]
Virginia Home Sales: Fourth Quarter and Year End 2017
The Virginia REALTORS® association publishes monthly and quarterly home sales reports to provide it’s members, the media, and real estate-related industries with current data. The report data comes from a variety of sources and is analyzed by the Virginia REALTORS®. The data presented is based on specific economic regions comprised of counties and independent cities […]
Williamsburg VA Real Estate Market Update July 2017
Quick Facts about the July 2017 Overall Home Sales Market in the Williamsburg area: +7.2% – New listings in July over same period last year (both attached/detached) 4.9 – Number of month’s supply, fairly consistent this year – but only 3.6 months inventory for SF attached homes. ( six months is considered a balanced market. […]