We are in the middle of the Spring market here in Williamsburg, and the latest statistics are showing some promising trends.
- Months Supply of Inventory - 6.4
Six months of inventory is considered a balanced market. Inventory levels continue to drop, which means we are going to see a busy Spring market!
- Current Median Sold Price - $292,500
This number is up 8% from last month, and up slightly from last year.
- % of Sold Price to List Price - 98%
- Average Days on Market - 60 days
This number has dropped slightly.
- Closed Sales - up 18.3%
If you’re a seller who has been wondering if it might finally be time to sell, email us at concierge@lizmoore.com, or click below, and we can prepare a complimentary analysis of market value for you – you just may be pleasantly surprised.
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