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Saturday, November 23, 2024

Williamsburg home prices fall in the second quarter of 2017

Realestate4

The median sale price of a home sold in the second quarter of 2017 in Williamsburg fell by $6,250 while total sales decreased by 1.6%, according to BlockShopper.com.

From April through June of 2017, there were 62 homes sold, with a median sale price of $243,750 - a 2.5% decrease over the $250,000 median sale price for the same period of the previous year. There were 63 homes sold in Williamsburg in the second quarter of 2016.

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 second quarter of 2017.

The following table compares Williamsburg to other York County cities in the second quarter of 2017:

CityApr. - June 2017 Home SalesApr. - June 2016 Home Sales% change (Total Home Sales)Apr. - June 2017 Median Sales PriceApr. - June 2016 Median Sales Price% change (Median Sales Price)
Yorktown2162045.9%$263,000$319,500-17.7%
Williamsburg6263-1.6%$243,750$250,000-2.5%

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