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What Williamsburg High School District Has the Highest Values?
December 8th, 2013 4:17 PM
I have been asked many times does school district dictate value? Here is the information I found concerning the three high schools in James City County and the City of Williamsburg. For the quarter ending December 7, 2013 Jamestown High School had the highest median sales price of $420,000, followed closely by Lafayette High School with $411,000. Warhill High School was considerably lower with a median sales price of $285,000, which is due primarily to the more rural location in the County. Jamestown High School has some of the higher priced subdivisions, including Kingsmill, and Governor's Land, and to a lessor extent Greensprings West and Monticello Woods. Lafayette High School has subdivisions such as Ford's Colony and Holly Hills. Warhill High School has a higher end subdivision in Stonehouse. Although Jamestown High School has a higher median price, it has a 9.8 month supply of inventory with a median days on market of 71. Lafayette has 8.8 months of inventory, with a lower days on market of 63. Warhill High School had the fewest median days on market of 53, and 8.9 months of inventory. Basically, Lafayette High School and Jamestown High School have very similar values, and although the median sales price of Warhill High School is the lowest, the homes tend to sell faster.

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Posted by David Hertzler, II on December 8th, 2013 4:17 PMPost a Comment

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