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Saturday, November 2, 2024

Williamsburg home prices fall in the second quarter of 2019

Realestate4

The median sale price of a home sold in the second quarter of 2019 in Williamsburg fell by $67,300 while total sales increased by 1.4%, according to BlockShopper.com.

From April through June of 2019, there were 70 homes sold, with a median sale price of $240,700 - a 21.9% decrease over the $308,000 median sale price for the same period of the previous year. There were 69 homes sold in Williamsburg in the second 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 second quarter of 2019.

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

CityApr. - June 2019 Home SalesApr. - June 2018 Home Sales% change (Total Home Sales)Apr. - June 2019 Median Sales PriceApr. - June 2018 Median Sales Price% change (Median Sales Price)
Yorktown24021213.2%$295,000$315,000-6.3%
Williamsburg70691.4%$240,700$308,000-21.9%

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