Jamestown RI Real Estate Market – Rhode Island Real Estate

Jamestown RI Real Estate Market – Rhode Island Real Estate

May 2012

Jamestown Rhode Island is all about the Real Estate

2 Jamestown RI homes sold in May 2012,

as follows:

1 home sold over $400,000

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

 0 homes sold for less than $300,000

 

There were 75  Jamestown RI homes for sale in May which is 3 more homes on the real estate market from April.  An uptick in home inventory on Conanicut Island, aka Jamestown RI is not helping sellers right now.  Sales are down from the prior month.

 

The coastal Jamestown RI shore still remains one of the more desirable waterfront buys for home searches.  Who wouldn’t want to be surrounded by water on ones own island so to speak? Oh, yes with an escape route either way to the towns of North Kingstown or Newport!

 

A recap of Jamestown’s home sales in May 2012 area as follows:

So in May, the average and median sale price of a home was $485,250,  at 94% of list price and was on the real estate market on average for 188 days.

 

If your are a Jamestown home seller, this Jamestown RI real estate market report provides you information on recent home sales to make more informed real estate selling decisions.  My web site will give you more information into all the Jamestown RI homes for sale as well as home seller pointers in this challenging market.

 

Jamestown RI continues to have a large supply of homes for sale and the oceanfront, water front and coastal Jamestown RI homes for sale are not selling currently.  The home inventory absorption rate remains a strong Jamestown RI buyers market.  A sellers market is when less than 6 months of homes are on the market.

 

3 Pending homes sales for May 2012 which is one less than the prior month. 

 

There were no short sales sold this month in Jamestown.

 

There are 28 luxury waterfront Jamestown RI homes for sale (> $ 1 million) which is 37 % of the Jamestown real estate market.  

 

If you are considering selling your home and want a real estate professional that knows your Jamestown area, negotiates aggressively for her clients and closes deals in this real estate market, give me, Ginny Lacey Gorman, a call at 401.529.7849 whether you are thinking of buying or selling real estate.

 

Jamestown RI Real Estate Market – Rhode Island Real Estate.

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

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 and agent who sells RI houses in this real estate market – call Ginny at 401.529.7849.