Jamestown RI Real Estate Market Report

Jamestown RI Real Estate Market Report – March 2012.

Real Estate at Beavertail RI Jamestown RI

Stunning views at Beavertail and all around Jamestown RI

6 Jamestown RI homes sold in March 2012, as follows:

1 home sold for >$1 million

3 homes sold over $400,000

2 homes sold between $300,000-$400,000

There were 65 Jamestown RI homes for sale in March which is 7 more homes on the market from the prior month. An uptick in home inventory on Conanicut Island, aka Jamestown RI has occurred. The coastal Jamestown RI shore 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 North Kingstown or Newport!

So in March, the average sale price of a home was $647,500, at 89% of list price and was on the real estate market on average for 194 days.

In March the median sale price of a home was $ 570,000, at 92% of list price and was on the real estate market for a median time of 213 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 decisions. My web site will give you more information into all the Jamestown RI homes for sale.

Jamestown RI continues to have a good supply of homes for sale and the oceanfront, water front and coastal Jamestown RI homes for sale are selling at a modest pace. The home inventory absorption rate remains a buyers market.

3 Pending homes sales for March 2012 which was equal to the prior month. Jamestown home sales increased by 5 homes over February which was a good housing sign.

The number of luxury waterfront Jamestown RI homes for sale is 20 (> $ 1 million) which is 31 % of the Jamestown real estate inventory right now.

If you are considering selling your home and want a real estate professional that knows your area, negotiates for her clients and closes deals in this 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 Report – March 2012.

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Ginny Lacey Gorman is your go to North Kingstown Realtor® for real estate in Jamestown RI and beyond…knowing the geographic area, schools, happenings, important tidbits of information and businesses well. As a North Kingstown short sale agent, 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. So feel free to search for RI Homes for Sale. When you are in need of a good professional for your buying and selling needs and an internet savvy Realtor® who sells RI houses in this real estate market - call Ginny at 401.529.7849.

About Ginny

Ginny Lacey Gorman has written 854 post in this blog.

I am a full time Realtor specializing in waterfront and luxury homes in the Southern RI area...affectionately known as the RI Realtor with the Sparkly Red Shoes. Guiding buyers and sellers towards their home dreams because there is no place like home. Living, working and playing in Rhode Island coastal real estate.