How was the real estate market at the end of the first quarter of 2016?
The Ford’s Colony market saw an increase in properties going under contract when comparing March 2015 to March 2016. In 2015, 15 listings went under contract while 19 went under contract this past March, 2016. Active inventory was fairly constant ; March 2015 ended with 140 active listings and March 2016 with 139 active listings. The best news was an increase in median sold values. Closed median sold values jumped to $521,500 in March 2016 from $450,000 in March 2015.
Overall, a better start to our Ford’s Colony market than we have seen in many years. Homes priced below $500k in FC in theory are in a “balanced” market — neither a buyer’s or seller’s market. It appears we should see that “balance” push up in price point as we continue into 2016.
Thinking of selling your home? Give Deelyn at call at 757.503.1999 or email at deelyn@lizmoore.com to determine your home’s current market value.
Like this:
Like Loading...
Published by
Deelyn Robinson
Hello and thank you for visiting my blog all about Ford's Colony!
Since 2007 I have been THE TOP OVERALL SALES AGENT with the highest gross sales of all Liz Moore agents in Williamsburg. In fact, I annually lead ALL local agents in total closed sales.
As your full-service Realtor for the Williamsburg, James City County and Greater Williamsburg areas, I will provide you with superior service at all times. I've lived in Williamsburg nearly 30 years, giving me a wealth of "local knowledge" of the entire region, so I can provide clients with the best possible real estate experience.
If you are selling a home, my expertise and proven marketing programs will give you the exposure and edge you need to sell your home quickly for top dollar. I have a comprehensive marketing plan to ensure your home stands out:
As an Accredited Staging Professional, I am well-versed in staging homes and preparing them for market. I provide all necessary furnishings and home accessories FREE OF CHARGE!
After staging, I work with a professional photographer to capture your home's best features in still photos and 3D virtual tours.
Your home will be listed in both the Williamsburg MLS as well as the Newport News/Hampton MLS (REIN). This ensures that your home is available through sites like Realtor.com, Zillow.com and Trulia.com. Your home will also appear on my website PremierWilliamsburgRealEstate.com as a Featured Home.
Your home will also have representation through print advertising in The Daily Press, The Virginia Gazette, direct marketing and other outlets.
If you are buying, I look forward to helping you find the home of your dreams by taking time to listen to your needs and desires. I am familiar with all of the neighborhoods in the James City County, Williamsburg, Toano, York County, Lanexa and Stonehouse areas. I can help folks new to this area become acquainted with all that it has to offer and gain confidence and comfort during their move.
A little about me: I am a 1988 graduate of The University of Texas at Austin with a degree in Economics. Hook 'em Horns! I have earned the "Accredited Staging Professional" credential to help home sellers in staging their homes to sell quicker and usually for more money. I also have the SFR - Short Sales and Foreclosure Resource Specialist designation. I help any client who is struggling with a mortgage to learn options to avoid foreclosure and also help any clients who are in a short sale situation.
I love Williamsburg! It is an excellent place to live, and I would love to share my enthusiasm for its many neighborhoods and attributes with you. Please let me help you with your next move. -- Deelyn
View all posts by Deelyn Robinson
