Jamestown RI Real Estate | December 2012 and Year Recap

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Jamestown RI Real Estate | December 2012 and Year Recap

 

Real estate market data for Jamestown, RI provided by Ginny Lacey Gorman of waterfront RI real estate for December 2012 is as follows:

  • Properties active and on the market: 58
  • Single-family properties closed in December 2012: 7      

    Jamestown RI real estate view

    Beavertail State Park Jamestown RI 02835

  • Average sales price: $ 1,402,928
  • Median sales  price: $ 380,000
  • Sales price to list price ratio: 94%
  • Average days on the market: 219
  • Sales currently pending: 3

  • Jamestown’s home absorption rate: 8 months of home inventory. Based on this most recent home sales data, the Jamestown real estate market is a buyers market.  However, many homes were taken off the market for the winter.  I would say come spring Jamestown will be a more ‘balanced’ real estate market.

  • Breakdown of the 7  Jamestown RI homes sold in December is as follows: 5 homes sold under $300,000, 1 home sold over $400,000 and  1 home sold for over $1 million.  In December the under $300,000 home generated the most buying interest.

 

Jamestown RI real estate

Jamestown RI real estate sampling

 

Jamestown RI Real Estate  Home Sale Year Recap

Homes Sold    Average  Sales Price    List Price/Sale Price    Days on Market

2011:     57                         $ 733,907                              91%                                          196

 2012:    72                         $ 669,221                               92%                                          197

 

Home prices have decreased for the 2012 year over 2011 by 9%.  Jamestown RI real estate home sales are up by 26% over 2011.

 

Yes, these are accurate home sale volume and sale prices for single family homes.  Buyers were out in buying mode to buy ocean front and luxury RI real estate at lower prices.

 

The Jamestown RI community is a waterfront Newport County community that is known for its coast line,  Beavertail Park and good living.

 

Looking for a waterfront RI real estate agent that knows her waterfront RI real estate market and markets her clients homes with maximum exposure on line.  I would love the opportunity to help you in your search or sale.
You know, our market has changed so much recently and the news media sure makes a lot of noise about it, does it not?  It has created a lot of questions in the minds of many of my clients.  I just want to find out if you have any questions I can answer during these changing real estate times?

If you would like to consider buying a coastal Jamestown RI home 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.

 

Let’s discuss your home needs now.  Let my online real estate sales exposure program work for you!  Jamestown RI Real Estate | December 2012 and Year Recap.

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Ginny Lacey Gorman is your go to waterfront Rhode Island real estate agent for real estate in Jamestown RI and beyond…knowing the geographic area, schools, happenings and important tidbits of local information.  Email her at RiByTheBay@gmail.com to make an appointment to find the home of your dreams too!
 
Waterfront, oceanfront, luxury and coastal Jamestown Rhode Island real estate are my specialty but all of RI is my backyard.  When you are in need of a true waterfront RI real estate professional for your buying, selling or relocating needs and an internet savvy RI real estate agent who sells RI houses in this real estate market, call Ginny at 401.529.7849.