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Saturday, November 23, 2024

Williamsburg home prices rise in the second half of 2019

Realestate5

The median sale price of a home sold in the second half of 2019 in Williamsburg rose by $27,000 while total sales increased by 25.7%, according to BlockShopper.com.

From July through December of 2019, there were 137 homes sold, with a median sale price of $264,000 - a 11.4% increase over the $237,000 median sale price for the same period of the previous year. There were 109 homes sold in Williamsburg in the second half of 2018.

The median sales tax in Williamsburg for the most recent year with available data, 2016, was $1,674, approximately 0.6% of the median home sale price for the second half of 2019.

The following table compares Williamsburg to other York County cities in the second half of 2019:

CityJuly - Dec. 2019 Home SalesJuly - Dec. 2018 Home Sales% change (Total Home Sales)July - Dec. 2019 Median Sales PriceJuly - Dec. 2018 Median Sales Price% change (Median Sales Price)
Yorktown41434320.7%$316,000$285,00010.9%
Williamsburg13710925.7%$264,000$237,00011.4%

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