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Old Dominion News

Tuesday, December 24, 2024

Williamsburg home prices fall in February 2020

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The median sale price of a home sold in February 2020 in Williamsburg fell by $122,000 while total sales increased by 36.4%, according to BlockShopper.com.

In February 2020, there were 15 homes sold, with a median sale price of $183,000 - a 40% decrease over the $305,000 median sale price for the same period of the previous year. There were 11 homes sold in Williamsburg in February 2019.

The median sales tax in Williamsburg for the most recent year with available data, 2016, was $1,674, approximately 0.9% of the median home sale price for February 2020.

The following table compares Williamsburg to other York County cities in February 2020:

CityFeb. 2020 Home SalesFeb. 2019 Home Sales% change (Total Home Sales)Feb. 2020 Median Sales PriceFeb. 2019 Median Sales Price% change (Median Sales Price)
Yorktown332626.9%$294,000$257,50014.2%
Williamsburg151136.4%$183,000$305,000-40%

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