June 2013-The numbers are in for June 2013 in the Williamsburg VA real estate market. While it was a close race in 2012 for market share with the lead changing between the offices of William E. Wood and Liz Moore and Associates numerous times but as of June 2013 our office (Liz Moore and Associates) has a commanding lead in market share with over 19.29 % of the market. Our office’s listings and sales were greater then the combined listings and sales of combined listings and sales of , Kingsmill Realty, Fords Colony Realty, Coldwell Banker Traditions, Twiddy Realty, Century 21 Nachman, ReMax Capital. who were the 4th-10th place finishers in sales in the Williamsburg VA market in May 2013
In second place is William E Wood and Associates, , third place is Long and Foster and in forth place with about 50% of our market share is Prudential Towne Realty.
Two more telling statistics : Of the top four real estate brokerages in town we enjoy one of the lowest days on market at 98, compared to the 111-324 days of our competitors.
And lastly , our company with 36 agents selling has the highest productivity per agent in town.!
just sayin !
Note sales number above are from the Williamsburg Area Assoc of Realtors (WAAR) MLS numbers, It reflects sales for Residential real estate : (Single Family Detach, Attached/Condo/Townhome, Condo, Townhouse), Lots and Land: within the zip codes of 23188,23185 and 23168.( City of Williamsburg, James City County, Upper York County.
Psst……I’m a real estate agent.
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 the Williamsburg/ Hampton Roads area and his expertise in the local real estate market.
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.
Time to Buy? Sell?
As we always say, the best time to buy or sell a home is when you need to buy or sell. If you have a house to sell, selling when its a buyers market may hurt you on the selling end, but you’ll make it up on the buying end. If you’re trying to get into the market for the first time, the only way you’ll know that we’ve “hit bottom” is when its in the rear view mirror. Work with professionals who can help you analyze your financial and lifestyle to determine if now is the right time to buy or sell.
Looking strictly at the numbers, it appears the recommendation for this month is (again)…it’s time to sell. With inventory at record lows, a home that’s priced right will have no problem finding a buyer. As we head into June 2013, buyers who have been waiting for more inventory will continue their searches. Get your home on the market now and be moved into your new home by July ! If you’re looking to sell, we can help you get top dollar for your home in the shortest time. For more info about the best home selling program in Williamsburg VA visit Sell MY WILLAIMSBURG HOME
If you’re a buyer, that doesn’t mean sit on the fence and wait. Interest rates are increasing and will continue to do so. Buying now could mean a difference in hundreds of dollars to your payment. As more and more inventory gets snatched up, you’ll find less and less available. Waiting until the market slows down could mean you could afford less home as interests rates go up. And, as buyers continue to snatch up everything, market values will go up as well. If you’re looking to get into the market, the best time to find a great deal is any time you can.
QUESTIONS ABOUT THE WILLIAMSBURG REAL ESTATE ?
Do you have questions about Williamsburg Real Estate ? Call or text 757.254.8136 or email John@MrWilliamsburg.com and we’ll help you in any way we can.
If you’re looking to buy or sell Williamsburg or Yorktown VA real estate, don’t forget to check out our Buyer Center or Seller Center for more tips.
Are you interested in monitoring home value trends in your Williamsburg or Yorktown VA neighborhood? If you would like to receive e-mail alerts when new listings or sales happen in your neighborhood, we can set you up. There is no cost or obligation to participate in our Nosy Neighbor e-alerts, just let us know which neighborhood(s) you are interested in following, and we’ll make it happen! Fill out the form here
Mr Williamsburg offers a complimentary, no obligation market analysis of your Williamsburg VA home. It’s a great way to get a handle on what your home might sell for in today’s market, with no obligation to list. Call him today at 757,254,8136 or click here to request more info or an appointment.