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Market Update • January 18, 2024

Williamsburg Real Estate Market

by Ted Evans

At the end of each year I like to provide an overview of the Williamsburg Area Real Estate Market so that my clients and others who are considering purchasing or selling a home can make their decisions based on local data. Much of what we see and hear in the media is based on national trends and may or may not pertain to what we are experiencing in our local real estate market.

While homes are not selling as quickly as they were in 2021 and 2022, we are still in a sellers market given that there are approximately 100 homes currently for sale and a balanced market is when we have 500-600 homes for sale.

Click here or go to the market update tab on my website to read the full report. If I can answer any real estate related questions, feel free to call/text (757) 254-6678 or email tevans@cbwilliamsburg.com.

Ted Evans, Associate Broker    Coldwell Banker Traditions

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