Jamestown RI Real Estate Market Report –

January 2012

4 Jamestown RI homes  sold in January 2012, as follows:

3 homes sold over $400,000

1 home sold between $300,000-$400,000

There were 63 Jamestown RI homes for sale in January which was 2 more homes on the market over the prior month.  This is an increase in home inventory on Conanicut Island aka Jamestown RI.  The coastal Jamestown RI shore remains one of the most desirable waterfront buys for home searches.  Who wouldn’t want to be surrounded by water? Oh, yes with an escape route either way to North Kingstown or Newport!

 

If your are a Jamestown home seller, this Jamestown RI real estate market report provides you information on recent home sales.  My web site will give you more information into all the Jamestown RI homes for sale.

 

Jamestown RI continues to have a good supply of homes for sale and the oceanfront, water front and coastal Jamestown RI homes for sale are selling at a modest pace.  The home inventory absorption rate remains a buyers market.

 

2 Pending homes sales for January 2012…Jamestown’s home market is not showing the true dynamics of a real estate market that homes sellers depend upon.  Jamestown home sales increased by 2 over December but homes sale were under $1 million.

 

The number of luxury waterfront Jamestown RI homes on the market is 26 which is 41% of the Jamestown real estate inventory right now.  

 

So in January 4 Jamestown RI homes were sold, the average sale price of a home was $515,225, homes sold at 87 % of list price and were on the real estate market on average for 316 days.

Why wait until the Spring to sell your home? There are buyers looking for homes to buy especially in the under $1 million price range. Putting your home on the market when the inventory is low, may get your Jamestown home sold before the home inventory increases in the Spring.   Give me a call at 401.529.7849 whether you are buying or selling real estate and ensure you have an experienced professional and negotiator representing you.

 Jamestown RI Real Estate Market Report – January 2012.

Jamestown RI Real Estate Market Report for 2011

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Ginny Lacey Gorman is your go to North Kingstown Real Estate agent for real estate in Jamestown RI and beyond…knowing the geographic area, schools, happenings, important tidbits of information and businesses well.

 As a North Kingstown short sale agent, if you are having trouble paying your mortgage contact Ginny to help you through the short sale process successfully. 

  Waterfront, oceanfront, luxury and coastal RI real estate are her specialty but all of RI is her backyard. When you are in need of a good professional for your buying and selling needs and an internet savvy marketer who sells RI houses in this real estate market – call Ginny at 401.529.7849.