December 2014-The numbers are in for November 2014 in the Williamsburg VA real estate market. While it was a close race way back in 2012 for market share in the month of November 2014 our office (Liz Moore and Associates) has a commanding lead in market share with over 18% of the market. Our listings and sales were almost equal to combined sales of Kingsmill Realty, Fords Colony Realty, Twiddy Realty, Coldwell Banker Traditions, Century 21 Nachman Realty, and ReMax Capital, who were the 6th-10th placed brokerages in town.
I know you shouldn’t brag but felt home sellers should know these stats !
Note sales number above are from the Williamsburg Area Assoc of Realtors (WAAR) MLS numbers, It reflects sales for Residential real estate : (Single Family Detach, Attached/Condo/Townhome, Condo, Townhouse), Lots and Land: within the zip codes of 23188,23185 and 23168.
An important trend to study is how market share is shifting in our market. From the chart below we can see that only three brokerages are increasing their Williamsburg VA market share. Liz Moore and Associates, Kingsmill Realty and Twiddy. The remaining seven of the top ten brokerages are experiencing a drop in market share that ranges from 4.86% to almost 15%.
If you’re a seller who has been wondering if it might finally be time to sell, email me at [email protected] or click below, and we can prepare a complimentary analysis of market value for you – you just may be pleasantly surprised.
Psst……I’m a real estate agent.
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 the Williamsburg/ Hampton Roads area and his expertise in the local real estate market.
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