North Kingstown RI 02852 Real Estate Market Report for May 2011
North Kingstown homes sold are as follows:
11 North Kingstown homes have been sold in the past month:
4 homes sold over $400,000
3 homes sold for between $300,000-$400,000
4 homes sold for under $300,000
There were 215 North Kingstown homes for sale in May 2011 which was a 11 % increase over the prior month (21 more homes for sale). The increase in home inventory benefits the home buyers looking for homes at the start of the summer.
Why do I continue to share North Kingstown RI real estate statistics with you the consumer? Hopefully, it is to give you a truer insight into the number of North Kingstown homes for sale, price range of homes sold and real estate market trends month to month for the North Kingstown neighborhoods you may be considering buying into.
If your are a North Kingstown home seller, it gives you information on recent home sales. My web site will give you very specific information into all the RI towns that will be of interest to you also as you search RI real estate for sale.
North Kingstown has a generous supply of homes on the market and the waterfront, ocean front, luxury and coastal North Kingstown homes for sale are selling at an even pace. There has been some slippage in home sales here in May 2011 with the number of homes sold decreasing by 2.
Mortgage rates have dropped again and remain at amazing low rates. Check with a mortgage lender today. It is the best time for North Kingstown home buyers to find the neighborhood of their choice and then the right price range. Prices are at all time lows for RI real estate buyers right now with great lending terms and rates.
Pending home sales have decreased by 4 over April 2011. However, there are 35 homes in pending status in North Kingstown RI. It is a brighter outlook of the market when pending home sales remain steady with these kinds of higher pending home numbers.
Out of state buyers search continue to search for North Kingstown waterfront and luxury homes for sale. I do expect real estate to be remain active this summer in all price ranges for beach and vacation homes.
North Kingstown RI 02852 Real Estate Market Report for May 2011.
Ginny Lacey Gorman is your go to North Kingstown Real Estate agent for homes in North Kingstown RI and beyond…knowing the geographic area, schools, happenings,important tidbits of information and businesses well. She’s the RI Real Estate agent with the Sparkly Red Shoes.
Waterfront, oceanfront, luxury and coastal RI homes for sale 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.