REAL Talk with Jackie: Should You Sell Now? Here's the Real Scoop on the Market

If you’ve been wondering whether now’s the right time to sell, the numbers say yes, at least for now. Inventory is still low in areas like Newport News, York County, Williamsburg, and James City County, and homes are selling quickly, often at or above asking. But with inventory slowly ticking up, your window to take advantage of this seller's market might be narrowing.

James City County

 Alright, let’s be real. If you’ve been toying with the idea of selling your place in James City County, now might just be your moment. We’re sitting in a solid seller's market with only 2.96 months of inventory. Translation? There aren’t enough homes to meet buyer demand, and that puts you in the driver’s seat. Homes are flying off the market in about 13 days and going for pretty much full asking price. That’s not a fluke, it’s strategy. Sellers who price it right and stage it well are reaping the benefits... and possibly sipping celebratory drinks sooner than they thought.

But here’s the deal: while we’re still in seller-friendly territory, the winds could be shifting. Inventory is up 7% in the last month and a whopping 95% year-over-year. That means more competition could be knocking on the door soon. So if you're thinking about listing, don't wait too long. The median sold price is at a healthy $501,000, and buyers are still hungry. If your home is in good shape and you play your cards right, you’ve got a solid shot at a fast, strong offer without a whole lot of drama.

City of Williamsburg:

If you're living in Williamsburg, VA 23185 and thinking about selling, this might be your sweet spot. Right now, the market is sitting at 2.58 months of inventory, which puts you in solid seller territory. Homes are moving fast with a median of just 12 days on market and buyers are paying around 100% of asking. That kind of momentum doesn't come around every season, and if your home is priced and prepped right, you could be out the door with a full-price offer before your neighbors even know you listed.

Now, let’s keep it real. While the one-month inventory bump was only 3%, the 12-month increase is a hefty 82%. That means the market is gradually gaining inventory, and your window to capitalize could start tightening up. The median sold price in the area is $471,000, so you've got a solid benchmark to work with. The key right now is readiness. If you're on the fence, this is your nudge to make a move before the market starts to shift.

York County: 

Thinking about listing your home in York County? You might be in luck because the market is still tilted in favor of sellers with just 2.28 months of inventory. That low supply means demand is outpacing available homes and buyers are showing up ready to compete. Homes are going under contract in just 18 days and selling for about 101% of the asking price, which means there’s some extra wiggle room above list if you play it right. Staging well and pricing smartly could be your ticket to a quick and profitable sale.

Now here’s what to watch: inventory has ticked up 19% in the past month and 66% over the year. That doesn’t mean panic, but it does mean the clock is ticking. The median sold price is holding strong at $455,500, so you’ve got a solid range to work with. If you’re serious about selling, now’s the time to get your home show-ready and hit the market before that competition climbs any higher.

Poquoson

What Sellers Should Know About Today’s Market in Poquoson, Virginia

As a homeowner in Poquoson, Virginia, considering selling your property, understanding the current housing market dynamics is crucial. This market update provides you with essential insights into the timing, pricing, and strategies that can help you make informed decisions.

With a current inventory of 2.37 months, Poquoson is experiencing a seller’s market. This means that there are more buyers than homes available, giving sellers an advantageous position in negotiating deals. This market condition suggests that if you're ready to list, now could be an optimal time to attract potential buyers quickly.

Recent inventory trends show a slight decrease of 7% over the past month, which indicates that homes are being absorbed by the market slightly faster than before. However, looking at the past year, there has been a small increase of 45% in inventory, suggesting a gradual stabilization. These contrasting trends emphasize the importance of timing your sale strategically, as the current low inventory favors sellers, yet keeping an eye on long-term trends can help guide your decision.

Homes in Poquoson are selling for about 101% of their asking price, which reflects a robust demand where buyers are willing to pay slightly over the list price. This trend is reassuring for sellers, as it indicates strong buyer interest and the potential to receive offers at or above your desired price.

The median days on the market for homes in Poquoson is 28 days. This pace is considered steady, allowing you sufficient time to market your property effectively while still expecting a timely sale. It’s a balanced timeframe that provides the opportunity to stage your home attractively and prepare for showings without feeling rushed.

The median sold price in Poquoson stands at $549,145. This figure not only sets a benchmark for pricing your home competitively but also reflects the current market's value and affordability levels for potential buyers. Setting a price that aligns with this median can position your home favorably in the eyes of prospective buyers.

Newport News:

If you're thinking about selling your home in Newport News, the market is still leaning in your favor. With just 2.74 months of inventory, sellers are in a good spot, and homes are selling for around 100% of their asking price. That means buyers are stepping up to meet your number if it's priced right. The median days on market is sitting at 23, which gives you a little breathing room to prep, stage, and still get your home sold without dragging it out.

Now here's the thing to keep an eye on. Inventory has nudged up by 2% this month and 48% over the past year. So yes, it's still a seller’s market, but competition is slowly growing. The median sold price in Newport News is $308,000, which gives you a realistic benchmark to aim for. If you're ready to go, this could be your moment to price smart, present strong, and walk away with a solid win.