Mr Williamsburg has been requesting a lockbox activity report from our local MLS for over a year. I guess persistence pays off since they finally came through.
When you list homes ( like I do) a question I am often asked is “How is the market ?. Well, one aspect of the market is how many prospective home buyers are out there looking.
The WAAR/ Williamsburg VA lockbox report – basically tells us how many times area lockboxes were opened – You can see from the report below that lockbox openings are up 20% in December 2011 over Dec 2010, and 20% in January 2012 versus 2011. Sadly we had a 12% drop in February 2012 versus 2011.
Another stat to notice, in 2011 April was our busiest month from a home showing standpoint and December was the lowest. In 2010 March was our busiest month.
So what does this mean?
More lockbox openings means there are more buyers looking for homes. More buyers = more demand. And more demand = a chance that we may start to see some stabilization in our local market.
We’ll definitely keep an eye on trends and report back monthly.
Here is the chart from 3/2010- 2/2012
Download this report below
Like what you are reading ? Want to receive updates by email in the future ? Sign up here  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 post was 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 @ 757-254-8136 |
Filed under: Selling a home in Williamsburg VA, williamsburg va |
Mr Williamsburg, Revolutionary ideas on real estate!Hampton Roads Virginia 
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