BOLD REALTY MARKET REPORT

Williamsburg, VA

Single-Family Homes

TOM MILAN 757-777-7577



Williamsburg, VA

Thu Jan 21 2021
This week the median list price for Williamsburg, VA is $487,450 with the market action index hovering around 41. This is an increase over last month's market action index of 40. Inventory has held steady at or around 196. Click here to stay informed with the Williamsburg market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Williamsburg, VA

Thu Jan 21 2021
This week the median list price for Williamsburg, VA is $487,450 with the market action index hovering around 41. This is an increase over last month's market action index of 40. Inventory has held steady at or around 196. Click here to stay informed with the Williamsburg market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Williamsburg market.
Median List Price $487,450
Per Square Foot $175
Days on Market 138
Price Decreased 23%
Price Increased 12%
Relisted 8%
Inventory 196
Median Rent $1,900
Most Expensive $5,000,000
Least Expensive $75,000
Market Action 41
Slight Seller's Advantage

The market appears to be hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$869,000 4,766 0.5 - 1 acre 4 4 20 9 7 181
$549,000 3,211 0.25 - 0.5 acre 4 3 14 6 6 188
$420,000 2,570 8,000 - 10,000 sqft 4 2 14 17 9 88
$285,000 1,662 0.25 - 0.5 acre 3 2 26 12 7 91