River & Rural Realty--Find Virginia Waterfront property on the Northern Neck
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River & Rural Realty LLC
P.O. Box 503
Warsaw, VA 22572

Office: (804) 333-3311

Kathryn Murray, broker
Warsaw, VA 22572
(O): (804) 333-3311
Cell: 804-450-4442
Fax: 877-295-0940
EMAIL OFFICE
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Rainy grey Sunday

I just can't get too inspired about numbers today. We've already seen last week that we are pretty much holding our own. That's pretty good. 

So I'll just add a bit of information. In the last week 66 new listings came on. There were 37 price changes and 24 sold. Fourteen properties expired. (I think I'm going to start tracking what goes on in total on any given week to see if things accelerate of there are changes. This will be something new).

Then in my favorite category....houses priced at over $1,000,000 here is the latest. In the four counties we look at....Westmoreland, Northumberland, Lancaster and Richmond there are 41 active residential properties priced at $1 million or above. Two have sold thus far this year. In annualized terms we're looking at about ten years' worth of inventory. That looks challenging!! (Twenty one of those 41 are in Lancaster county. 16 are in Northumberland and 4 in Westmoreland. Richmond county has no houses priced at $1,000,000 plus at the moment.)

Anyway, this week will be a study in contrasts. Here we're having a cool grey and rainy weekend and all is very quiet. The week will start out much the same. Next weekend, despite the fact that 1/3 of the houses on this street are still in process because of the tornado (mostly they are empty lots where the houses have been bulldozed and hauled away) this place will be very alive. I expect the campground to fill up and all of the houses that haven't been opened up yet will be filled to capacity. The campground seems to only have big surges at very particular times of the year: Memorial Day weekend, 4th of July weekend, Labor Day weekend and also when the Tri-athalon is here. For such a pretty place, it is a bit of a shame for the owners, but for me it provides a very nice park like setting to take a walk around...when there's no one for me to bother.

So happy Sunday. I hope that you enjoy a quiet day with a bit of catch up time, or reading time.....a time to regroup for the next challenge and also to get ready for next weekend....it will be a great River Weekend!

--Kathryn Murray 804-450-4442



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