The North Kingstown RI Real 02852 Estate Market
Statistics for January 2011 are as follows:
12 North Kingstown RI 02852 homes sold, breakdown as
2 homes sold for over $400,000
1 home sold for between $300,000-$400,000
9 homes sold for less than $300,000
In January 2011 there were 163 North Kingstown homes for sale which is a 3% increase in the number of homes over the prior month of December 2010. The home inventory has started to increase with the new year as sellers prepare for the spring housing market. Choices of homes remains fairly constant as ready, willing and able buyers are actively looking to make their purchases now while mortgage rates remain at lower levels.
North Kingstown RI homes sold for January 2011 were down from 14 sold the prior month to 12 homes sold.With the snowy and wintery season upon us, it is not an unusual pattern. Actually the heavy snows have negatively impacted the home buying market in North Kingstown and surrounding towns in January.
Yet, North Kingstown RI as a suburban community offers a strong school system and available senior programs as attributes a buyer looks for in settling on a place to live. And don’t forget the marvelous North Kingstown Free Library too.
Pending home sales remain up which is a good indication that North Kingstown home sales will be strong. There are waterfront homes in pending status in North Kingstown RI this past month and being a coastal home on Narragansett Bay is a big draw for many buyers due to attractive pricing of them.
North Kingstown pending home sales continues to be strong with 27 homes in contract agreement by month end.
There were only 2 fewer homes in pending than the prior month indicating that demand remains steady as buyers still are actively looking for the right price, location, features and condition in homes in North Kingstown RI. North Kingstown RI 02852 Real Estate Market Statistics – January 2011.
Ginny Lacey Gorman is your go to Realtor® for homes for sale in North Kingstown RI and beyond…knowing the geographic area, schools, happenings, important tidbits of local information and businesses well. If you are looking for someone to guide you through the home buying or selling process, Ginny is a licensed Realtor® and would be happy to assist you. Waterfront, oceanfront and coastal RI homes for sale 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 more information from an internet savvy Realtor® who sells RI houses in this real estate market, call Ginny at 401.529.7849.