Lower Inventory Forecasts a Hot Real Estate Market in Williamsburg
Home Sale Statistics & Trends /On August 19, 2015

Lower Inventory Forecasts a Hot Real Estate Market in Williamsburg

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Lower Inventory Forecasts a Hot Real Estate Market in Williamsburg

The statistics are in for July and they are pointing toward a hot end-of-Summer real estate market in Williamsburg, Virginia.

LMA_info-wmb-7-15
  • Months Supply of Inventory - dropped slightly to 6.9
    Six months of inventory is considered a balanced market. 
  • Current Median Sold Price - $291,050
     
  • % of Sold Price to List Price - 98.1%
     
  • Average Days on Market - 58
     
  • Closed Sales - down 3.7%

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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Lynnette Tully
Lynnette Tully

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