River & Rural Realty--Find Virginia Waterfront property on the Northern Neck
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Contact Information

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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Year-to-date sales information

Here we have just a bit of information that shows a six week period. It does give us an overview of activity and where we stand as of February 16, 2017. This is a comparison for 2014 through 2017 covering just January 1 through February 16 for each year.

All residential sales for the four counties:

2014       41 sold          9.7 million total        $140,000 median price        225 median days on market

2015       46 sold          14.5 million total      $229,000 median price        224 median days on market

2016       37 sold           10.5 million total     $205,000 median price        242 median days on market

2017       32 sold           11.2 million total      $284,000 median price       262 median days on market

And for the current active residential we have:

              594 active listings  244 million total      $325,000 median price       228 median days on market

For 2017 we have fewer houses sold, but more dollars realized and a higher median sales price. Not great news, but not bad news either.

Land information is as follows for the same January 1 through February 16 period.

2014           7 properties sold for a total of $950,000

2015           13 properties sold for a total of $983,000

2016           10 properties sold for a total of $421,000

2017          10 properties sold for a total of $1,100,000     So truly 2017 is looking better for land sales if we just look at this beginning of the year. That's good news!

Active properties are 861 for a total value of $117,000,000.



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