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WILLIAMSBURG REAL ESTATE & HOMES MARKET REPORT CITY of WILLIAMSBURG 8/1-9/1

By
Real Estate Agent with LONG & FOSTER

 

WILLIAMSBURG  REAL ESTATE & MARKET HOMES REPORT for August 1 through September 1, 2008


Williamsburg Virginia consists of several counties.  They are James City, York and City of Williamsburg.

CITY of WILLIAMSBURG
Between August 1, 2008 and September 1, 2008, there were 5 homes that closed in the CITY OF WILLIAMSBURG VIRGINIA. This is a decrease of 5 units as there were 7 homes that closed in August 2007.

The Average Sales Price of the homes that closed in the City of Williamsburg Virginia for the month of August of 2008 was $379,280.

The Average Sales Price of the homes that closed in the City of Williamsburg Virginia for the month of August of 2007 was $294,214.

The Average Days on Market of the homes that closed in the City of Williamsburg Virginia for the month of August of 2008 was 100 days.

The Average Days on Market of the homes that closed in the City of
Williamsburg Virginia for the month of August of 2007 was 79 days.

The Average Percent of List price of the homes that closed in the City of Williamsburg Virginia for the month of August of 2008 was 98%.

The Average Percent of List price of the homes that closed in the City of Williamsburg Virginia for the month of August of 2007 was 96%.


In Williamsburg Virginia City of Williamsburg, 7 homes went under contract in the month of August 2008.  The Average Sales Price was $364,229 and the Average Days on Market was 91 days.

***The above statistics are for Single Family Homes and do not include Condos or Multi-family homes/townhomes.


Courtesy of Yvette Smith, SRES®REALTOR® WILLIAMSBURG REAL ESTATE
757-753-7472
YvetteSmith @AtHomeInWilliamsburg.com

Bill Gassett
RE/MAX Executive Realty - Hopkinton, MA
Metrowest Massachusetts Real Estate

Yvette with a terrific WILLIAMSBURG  REAL ESTATE & MARKET HOMES REPORT like this I can see who the go to Realtor for the area is!

Sep 06, 2008 11:49 PM
Elizabeth Cooper-Golden
Huntsville Alabama Real Estate, (@ Homes Realty Group) - Huntsville, AL
Huntsville AL MLS

Yvette-Wow, your market is much stronger than I thought. 91 days on market isn't bad at all, these days:)  Sad but true, isn't it? Your list to sale price is fairly strong as well. That's good to know!  Great info! 

Sep 07, 2008 10:34 AM
Anonymous
vacation guy

thanks for the update - it looks like your market is moving a little faster than mine

Myrtle beach rentals

Sep 07, 2008 02:16 PM
#3
Yvette Smith
LONG & FOSTER - Williamsburg, VA
Realtor In Williamsburg VA, Homes for Sale

BILL - Gee, I know who the resident expert is for Metrowest MA :o)

ELIZABETH - Yes, we (realtors)know that 91 days is great, but sellers don't think so. 

MYRTLE BEACH -  I would certainly jump on some of those great h20front properties! 

Have a wonderful week!

Sep 08, 2008 02:04 AM