South Kingstown RI Real Estate Market Report November 2011
South Kingstown RI Real Estate Market Report – November 2011 is as follows:
19 South Kingstown homes have been sold in the past month,
Green Hill Beach in South Kingstown real estate
1 home sold for over $1 million (waterfront South Kingstown home)
3 homes sold over $400,000
4 homes sold for between $300,000-$400,000
11 homes sold for under $300,000
There were 238 South Kingstown homes for sale in November 2011 which was a 3 % decrease over the prior month (7 fewer homes for sale). There were 18 South Kingstown homes for sale over $1 million.
By sharing these South Kingstown real estate market reports you will have a better insight into the number of South Kingstown homes for sale, price range of homes sold in your area and real estate market trending. If your are a South Kingstown home seller, it gives you information on recent home sales. Determining market value of a South Kingstown home is key to pricing to sell in the real estate market. My web site will give you this home sale information as you search RI real estate for sale especially as a buyer.
South Kingstown continues to have a larger supply of homes for sale and the waterfront and coastal South Kingstown homes for sale. No South Kingstown short sales closed this past month.
There are 23 homes in pending status in South Kingstown RI (pending sales are down by 6 homes over the prior month). Yet, the home absorption rate for South Kingstown homes for sale remains at 10 months.
Out of state and local buyers continue to search for waterfront and coastal South Kingstown homes in the right location. You are never too far from the South Kingstown beaches wherever you buy here!
South Kingstown RI Real Estate Market Report November 2011.
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Ginny Lacey Gorman is your go to South Kingstown Real Estate agent for homes in South Kingstown RI and beyond…knowing the geographic area, schools, happenings,important tidbits of information and businesses well.
As North Kingstown short sale agents, 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 & agent who sells RI houses in this real estate market – call Ginny at 401.529.7849.
