• Click Here to Subscribe to Email updates

  • 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
  • RSS Colonial Williamsburg News

    • Hello world!
      Welcome to WordPress. This is your first post. Edit or delete it, then start writing!
  • Flickr Photos

Williamsburg VA Real Estate Market heads upward !

Our Williamsburg Area Association of Realtors has just released the latest report showing stats for sales in our area, for Year Ending 2012. Our Williamsburg Area Association of Realtors has just released the latest report showing stats for sales in our area, for Year Ending 2012.

This report gives us a good idea of the current Real Estate Market in the greater Williamsburg Area which is comprised of the City of Williamsburg, James City County, and the upper portion of York County. The corresponding zip code regions are 23185,23188 and 23168. Remember to discuss specific market conditions with your Realtor.

Williamsburg VA Area Year-End 2012 Highlights:
  • Overall sales in Greater Williamsburg were up 20.71% over 2011, resulting in largest year-over-year increase in six years.
  • Active inventory to close 2012 was at the lowest level since year-end 2005 and down almost 15% from year-end 2011.
  • Median sales price for the region  was up 2.27% over -2011 to $283,000
     
  • Months supply of inventory was down a whopping 29.40% to 7.94. ( a balanced market is 6-7 so we are almost there)
  • New Listing in this area for the month of December yielded 146 available resale dwellings. This was a decline of 21.93% or 41 units in comparison to December 2011
Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: