The following report is a statistical view of the homes bought and sold in Williamsburg, VA from MARCH 1, 2008 TO APRIL 1, 2008. This includes Residential property only and it is broken down into the 3 counties that make up Williamsburg, VA.
Units Volume Avg. Sales Price Median Sales Price Avg. Days on Market
All Listings Sold: 70 $23,581,013 $336,872 $294,710 113
James City Co 53 $18,702,613 $352,879 $299,900 120
City of Williamsburg 7 $1,709,400 $244,200 $217,000 73
York County 10 $3,169,000 $316,900 $276,000 105
OK, now here is the previous month (February 1, 2008 to February 29, 2008) in Williamsburg, VA...
Units Volume Avg. Sales Price Median Sales Price Avg. Days on Market
All Listings Sold: 70 $25,888,690 $354,640 $320,000 144
James City Co 57 $19,866,290 $348,531 $320,000 131
City of Williamsburg 7 $2,740,500 $391,500 $307,500 250
York County 9 $3,281,900 $364,656 $389,000 144
Last month, the average sales price of homes in Williamsburg, VA increased from February to March. At the same time, the average days on the market decreased, which is a good thing (homes are selling faster than the previous month).
As you can see the Real Estate Market is doing pretty well compared to other places in our nation. NOW, is the perfect time to relocate or retire in Williamsburg, VA. If you want to know more about Williamsburg, VA, consider giving me a call to assist you with your Real Estate needs!
I hope that I have enlightened and informed you!
Yvette Smith
Williamsburg, VAwww.athomeinwilliamsburg.com
757-753-7472
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