Williamsburg Home Sales – For September 2017

Williamsburg Home Sales | September 2017 | Williamsburg School District

Williamsburg Homes For Sale | Williamsburg Home Sales

Williamsburg Home Sales

For the absorption rate indicating a balanced market, several of the other numbers would indicate a sellers market with Williamsburg Home Sales!

First of all, the number of days the average home stays on the market fell to only 28 days.  That means the average listing is under contract in less than a month!  .

Another good sign is the average sale price.  It had a slight increase to $169,619 from last month’s number.

What is most impressive about this month’s Williamsburg Home Sales report is the sale to listing price ratio.  It has climbed again to 100.26%.  While the other school districts in the county are typically seeing 975 or 98%, Williamsburg is the only one see over asking price.  Likely this is due to both buyer competition for listings as the sellers being asked to help cover buyer closing costs.  The bottom line is that the average seller is seeing more than they are asking!

See the graph below for all the statistics.

To see the reports for the other school districts, Click Here.

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If you are looking for a home in the school district, check below the graph for a list of all currently available homes, or Click Here to create your own, specialized search.

Williamsburg School District Market Update (Each month is the previous 6 months totals & averages)

 Active ListingsPending ListingsSold ListingsAvg Active PriceAvg Sold Price% of List
To Sale Price
Absorption Rate
> 6 = Buyer's Market
< 5 = Seller's Market
Avg Days
On Market
January, 2017
February, 2017181241$230,600$118,89696.67%4.436
March, 2017171436$240,041$117,01796.46%5.1639
April, 2017171439$234,571$121,86596.04%4.841
May, 2017171237$235,535$126,39596.22%4.6834
June, 2017191433$233,349$136,709100.12%645
July, 201720840$221,272$165,326100.21%4.235
August, 2017231039$210,300$166,773100.01%5.030
September, 201727938$211,319$169,619100.26%5,728
October, 2017
November, 201726933$188,758$186.115100.64%6.328
December, 2017201228$177,255$155,66697.35%6.826

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Williamsburg Home Sales for September 2017
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