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Saturday, November 23, 2024

Williamsburg home prices rise in the fourth quarter of 2019

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The median sale price of a home sold in the fourth quarter of 2019 in Williamsburg rose by $40,000 while total sales increased by 37.8%, according to BlockShopper.com.

From October through December of 2019, there were 62 homes sold, with a median sale price of $242,500 - a 19.8% increase over the $202,500 median sale price for the same period of the previous year. There were 45 homes sold in Williamsburg in the fourth 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 fourth quarter of 2019.

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

CityOct. - Dec. 2019 Home SalesOct. - Dec. 2018 Home Sales% change (Total Home Sales)Oct. - Dec. 2019 Median Sales PriceOct. - Dec. 2018 Median Sales Price% change (Median Sales Price)
Yorktown17915912.6%$292,500$260,00012.5%
Williamsburg624537.8%$242,500$202,50019.8%

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