A bit of a Northern Neck sales update now that we are going into the last stretch of a cool to cold April. Here are the sales numbers for waterfront homes over the years, as well as how many are active as of April 21st. These numbers are for the four counties of the Northern Neck which includes Westmoreland, Northumberland, Lancaster and Richmond.
It's obvious that things have been improving and judging from both what I'm experiencing and what I'm hearing this is a very busy 2018 for local real estate.
Waterfront residential sales
| |
2014 |
2015 |
2016 |
2017 |
Active |
| # sold |
221 |
255 |
280 |
296 |
359 |
| $ sold (millions) |
98.16 |
109.8 |
112.6 |
140.8 |
211.76 |
| Median sales price |
371,000 |
360,000 |
360,000 |
402,353 |
449,000 |
| Median days on market |
231 |
211 |
220 |
193 |
174 |
