Coastal Jamestown RI Real Estate | January 2013
Knowing the waterfront and coastal Jamestown RI real estate area is part of the discovery process home buyers need to discover. If you are buying or selling a home in waterfront Jamestown RI, you want to know the current real estate information.
Here is the current real estate market data for Jamestown, RI provided by Ginny Lacey Gorman of waterfront RI real estate January 2013 is as follows:
- Properties active and on the market: 66
- Single-family properties closed in January 2013: 2
- Average sales price: $ 273,500
- Median sales price: $ 273,500
- Sales price to list price ratio: 98%
- Average days on the market: 55
- Sales currently pending: 4
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Jamestown’s home absorption rate was thrown out with the baby’s water this month! Oh my goodness, the buyers market just bloomed again here. Based on this most recent home sales data, the Jamestown real estate market is a buyers market.
- Jamestown’s home inventory is increasing, days on market decreased and list price to sold price dropped this month. Realize that with only 2 homes sold there is not enough statistics to project forward.
- Breakdown of the 2 Jamestown RI homes sold in January is as follows: 1 home sold under $300,000 and 1 home sold between $300,000-$400,000. In January, there was minimal buyers interest in the coastal Jamestown RI real estate market. However, the under $400,000 home generated the buyers interest.
Coastal Jamestown RI Real Estate | January 2013
Just to recap what this waterfront community has experienced in home prices over 2012 year which is a 9% home sale price decrease. However, the number of coastal Jamestown RI real estate home sales are up by 26% in 2013. We need to see how 2013 goes now.
The Jamestown RI community is a waterfront Newport County community. It is known for its stunning coast line, Beavertail State Park and luxury living.
If you are considering buying a coastal home here or interested in selling your home, contact Ginny Lacey Gorman, waterfront RI real estate agent, today at 401.529.7849 or email me at RiByTheBay@gmail.com. I would love the opportunity to help you in your search or sale.
Let’s discuss your home needs now. Let my online real estate sales exposure program work for you! Coastal Jamestown RI Real Estate | January 2013.
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