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Saturday, November 2, 2024

Williamsburg home prices fall in the first quarter of 2019

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The median sale price of a home sold in the first quarter of 2019 in Williamsburg fell by $24,000 while total sales decreased by 21.3%, according to BlockShopper.com.

From January through March of 2019, there were 37 homes sold, with a median sale price of $225,000 - a 9.6% decrease over the $249,000 median sale price for the same period of the previous year. There were 47 homes sold in Williamsburg in the first quarter of 2018.

The median sales tax in Williamsburg for the most recent year with available data, 2016, was $1,674, approximately 0.7% of the median home sale price for the first quarter of 2019.

The following table compares Williamsburg to other York County cities in the first quarter of 2019:

CityJan. - Mar. 2019 Home SalesJan. - Mar. 2018 Home Sales% change (Total Home Sales)Jan. - Mar. 2019 Median Sales PriceJan. - Mar. 2018 Median Sales Price% change (Median Sales Price)
Yorktown98128-23.4%$268,000$307,250-12.8%
Williamsburg3747-21.3%$225,000$249,000-9.6%

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