In its July 2024 market overview, MyMarketPulse (mymarketpulse.com) highlights the real estate dynamics within Williamsburg, Virginia.
The report shows that the Median Sale Price in Williamsburg reached $437,000 as of July 2024, marking a decrease of 24.7% over the previous month and a 22.9% drop compared to a year ago.
The region reported 4 home sales, marking a reduction of 42.9% from the prior month, and 42.9% decrease year-over-year.
Furthermore, homes in Williamsburg were on the market for an average of 43 days before selling, reflecting an increase of 37 days days month-over-month and an increase of 32 days day year-over-year.
Williamsburg’s Market Pulse Score currently stands at 93 indicating a falling trend for the market.
For more information about the Williamsburg, Virginia market, visit MyMarketPulse.com.
MyMarketPulse is a free service of Digital Build Team (DBT, DigitalBuildTeam.com). Its goal is to help everyone quickly understand and compare real estate markets by providing timely data and visual analysis to help explain current market trends and predict future opportunities.
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