Williamsburg Home Sales Update | May 2017 | Williamsburg School District
Williamsburg Homes For Sale
Williamsburg Home Sales Update continues to show a steady and healthy trend. Is the market in Williamsburg schools a hot market compared to others in the area, of course not. However it is demonstrating itself to be a dependable market. The absorption rate continues at a healthy rate, demonstrating a good balance of supply and demand. The average days on market is only 34 which is great! Even the average sale price has increased by about $5000! Many would love to see the market heat up, however when a market over heats it has a way of crashing. For many years the Ohio valley was marked by a continue 3% to 4% increase in home values. It was almost as good as opening a savings account!
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Williamsburg School District Market Update (Each month is the previous 6 months totals & averages)
Active Listings | Pending Listings | Sold Listings | Avg Active Price | Avg Sold Price | % of List To Sale Price | Absorption Rate > 6 = Buyer's Market < 5 = Seller's Market | Avg Days On Market |
|
---|---|---|---|---|---|---|---|---|
January, 2017 | ||||||||
February, 2017 | 18 | 12 | 41 | $230,600 | $118,896 | 96.67% | 4.4 | 36 |
March, 2017 | 17 | 14 | 36 | $240,041 | $117,017 | 96.46% | 5.16 | 39 |
April, 2017 | 17 | 14 | 39 | $234,571 | $121,865 | 96.04% | 4.8 | 41 |
May, 2017 | 17 | 12 | 37 | $235,535 | $126,395 | 96.22% | 4.68 | 34 |
June, 2017 | 19 | 14 | 33 | $233,349 | $136,709 | 100.12% | 6 | 45 |
July, 2017 | 20 | 8 | 40 | $221,272 | $165,326 | 100.21% | 4.2 | 35 |
August, 2017 | 23 | 10 | 39 | $210,300 | $166,773 | 100.01% | 5.0 | 30 |
September, 2017 | 27 | 9 | 38 | $211,319 | $169,619 | 100.26% | 5,7 | 28 |
October, 2017 | ||||||||
November, 2017 | 26 | 9 | 33 | $188,758 | $186.115 | 100.64% | 6.3 | 28 |
December, 2017 | 20 | 12 | 28 | $177,255 | $155,666 | 97.35% | 6.8 | 26 |