• psst … I’m a Realtor! Thanks for stopping by my website. I would love to help you find your dream home and community in the Hampton Roads or Williamsburg area or to sell your existing home. This website is authored by local resident and REALTOR, John Womeldorf. John is known around town as Mr. Williamsburg, for both his extensive knowledge of Hampton Roads and the historic triangle, and his expertise in the local real estate market. His websites, WilliamsburgsRealEstate.com and Mr Williamsburg.com were created as a resource for folks who are exploring a move to Williamsburg, VA , Hampton Roads VA and the surrounding areas of the Virginia Peninsula. On his website you can search homes for sale , foreclosures, 55+ active adult communities, condos and town homes , land and commercial property for sale in Williamsburg, Yorktown, New Kent, Poquoson, and Gloucester, VA as well as surrounding markets of Carrolton, Chesapeake,Gloucester, Hampton, Isle of Wight, Portsmouth Mathews, Newport News Norfolk, Poquoson, Smithfield, , Suffolk, Surry, Va Beach, Yorktown and York County Virginia You can reach John by email John@MrWilliamsburg.com or phone @ 757-254-813

Mr Williamsburg.com Williamsburg/ Newport News / Hampton, Peninsula Real Estate Market Update

Active inventory of homes available continues to rise, hovering around 4700 (Peninsula including Gloucester, Smithfield and Williamsburg, according to Real Estate Information Network stats), which is a 21% increase over March totals a year ago.

In the same category, 529 properties went under contract in March, down 14% from March 2007.

456 closings last month, down almost 19% from a year ago.

That leaves a 7.2 month supply of inventory, which is up almost 50% over last year.  According to most real estate experts, less than a 6 month supply of inventory equates to a Sellers’ Market, and over 6 months indicates a Buyers’ Market…with 6 months supply suggesting a balanced market.

Activity has definitely picked up in the past few weeks; we’re even seeing some multiple offers in a handful of price ranges.  The next few months will tell if we’ve seen the bottom yet…many indications are that we have and it is time for the market to begin a tick back up.

For additional Information about Williamsburg/ James City County, York County real estate contact:
 John Womeldorf/ Mr Williamsburg
 Liz Moore & Associates

757 254 8136

John@MrWilliamsburg.com  email

www.MrWilliamsburg.com/   website

www.MrBurg.com website

www.MrHamptonroads.com/  website

www.MrTidewater.com/   website

www.MrVaBeach.com/  website

Williamsburg Real Estate Resource. Search for Homes & Land in Williamsburg Virginia & surrounding areas  click here :CLICK HERE WILLIAMSBURG VA MLS HOME SEARCH

My other area Real Estate and Information Blogs for Hampton Roads/ Tidewater/ Williamsburg Virignia and surrounding areas

Williamsburg Real Estate Blog II

Williamsburg Real Estate Blog

Williamsburg Happenings/ Events Blog 

CLICK HERE FOR Real Estate Home Search  Tidewater Hampton Roads Va 


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  1. […] mrwilliamsburg is a wealth of unprecedented information. The last post on Mr Williamsburg.com Williamsburg/ Newport News / Hampton … is highly regarded. Here’s a brief overview: […]

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