Jamestown RI 02835 Real Estate Market Statistics- June 2011

Jamestown RI Market Stats

Jamestown RI – View of East Passage to Newport RI

 


Jamestown RI 02835 Real Estate Market Statistics – June 2011

 

Jamestown RI stats are as follows:

10 Jamestown RI homes have been sold in June:

1 home over $1million (waterfront)

   4 homes sold over $400,000
5 homes sold for between $300,000-$400,000

 

There were 96 Jamestown RI homes for salei n June 2011 which was a 2% increase over the prior month (2 more homes for sale).  The increase in home inventory benefits buyers looking for homes on the Conanicut Island of Jamestown RI area now.  With the warmer weather, all along the coastal Jamestown shore is absolutely beautiful for any RI real estate buyer.

 

If your are a Jamestown RI home seller, this monthly data gives you information on recent home sales for the pricing of your home.  

   

Jamestown RI continues to have a good supply of homes for sale and the oceanfront, water front and coastal Jamestown homes for sale are selling at a modest pace.  The absorption rate to sell all the homes on the market right now is 9.6 months- it is a buyers market!  Homes selling were over $300,000 and if the location, condition and price for a home is excellent it will be a seller in this Jamestown RI real estate market!

 

Mortgage rates remain at low rates for all buyers.  It is a great time for Jamestown RI home buyers to find the neighborhood of their choice and their targeted price range.

 

Pending home sales have increased by 1 home over May 2011 and there are 4 homes in pending status in Jamestown RI Sales are slow here right now.

 

Out of state buyers continue to search for Jamestown RI oceanfront and coastal homes for sale.   I do expect real estate to be remain active this summer in all price ranges and especially for vacation homes.  Out of state buyers especially love the waterfront aura of Jamestown RI.   When you have great views here, it is always a fantastic draw for buyers and being right next to Newport RI matters. 

Jamestown RI 02835 Real Estate Market Statistics.

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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 North Kingstown short sale agent to contact if your are underwater on your mortgage

 

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.

Comments

  1. Wellington Short Sale Agents says

    Thanks for providing a market update in your area Ginny. North Kingstown is lucky to have a responsible and dependable North Kingstown short sale agents like you. Keep up the good work!

    Katerina Gasset
    International Properties and Investment Inc
    Wellington Short Sale Agents

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