Sold Market Analysis
for Williamsburg Virginia
This Year: 5/1/2008 to 6/10/2008
Last Year: 5/1/2007 to 6/10/2007
| Residential | ||||||||||||||||||||||||
| Total Active | Days on Market | Number Sold | Sold Volume | Average Sale Price | Percent of List | Days on Market | Days to Close | |||||||||||||||||
| Area | Last Year | This Year | PCT | Last Year | This Year | PCT | Last Year | This Year | PCT | Last Year | This Year | PCT | Last Year | This Year | PCT | Last Year | This Year | PCT | Last Year | This Year | PCT | Last Year | This Year | PCT |
| James City County | 1219 | 1200 | -1 | 256 | 173 | -32 | 146 | 88 | -39 | 53,187,138 | 33,908,967 | -36 | 364,295 | 385,329 | +5 | 98 | 98 | -0 | 96 | 126 | +31 | 137 | 199 | +45 |
| City of Williamsburg | 135 | 141 | +4 | 241 | 158 | -34 | 14 | 14 | 0 | 5,325,799 | 4,548,899 | -14 | 380,414 | 324,921 | -14 | 98 | 97 | -1 | 95 | 161 | +69 | 127 | 196 | +54 |
| York | 229 | 146 | -36 | 175 | 111 | -36 | 40 | 22 | -45 | 14,218,576 | 7,019,800 | -50 | 355,464 | 319,082 | -10 | 98 | 98 | -0 | 63 | 61 | -3 | 132 | 97 | -26 |
| Residential Totals: | 1583 | 1487 | -6 | 1406 | 1533 | +9 | 200 | 124 | -38 | 72,731,513 | 45,477,666 | -37 | 366,724 | 343,111 | -6 | 98 | 98 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Grand Totals |
1,583 | 1,487 | -6 | 243 | 165 | -32 | 200 | 124 | -38 | 72,731,513 | 45,477,666 | -37 | 363,657 | 366,755 | +1 | 97 | 97 | 0 | 89 | 119 | +33 | 135 | 181 | +34 |
WHAT DOES THIS MEAN?
It is still a good time to make a home purchase in Williamsburg! At this time last year, there were 200 homes sold and this year, there have been 124 homes sold. That's a 38% decrease in the number sold. If you compare that to the national average, Williamsburg is still holding strong.
Yvette Smith, SRES®REALTOR®
Williamsburg's Preferred Realtor®
757-753-7472
Liz Moore and Associates
5350 Discovery Park BLVD
Williamsburg, Virginia 23188
Call me for a tour of homes that you qualify for.
Prepared by Williamsburg Multiple Listing Service on today Tuesday, June 10, 2008 10:03 AM
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