The October statistics are in, and Williamsburg sales have leveled somewhat for the autumn. Inventory is up just 2.5% over October 2014, with significant increases in the luxury home market. Pending sales have decreased, and are 20.2% lower than last October. Riding the crest of August and September pending sales, closed sales this October were up 21.1% over last year. Month’s supply stands at 7.2, down 11.1% from October 2014.
This post was authored by local REALTOR John Womeldorf, 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. I would love to help you find your dream home in the area or sell your existing home! You can text or call me at 757-254-8136 or email [email protected]
I look forward to serving your real estate needs!