Jamestown RI Real Estate Market April 2013

Jamestown RI Real Estate Market April 2013

 

This Jamestown RI real estate market April 2013 is moving ahead with home sales…seems the hare is definitely passing the tortoise market of last month.

 

Knowing the waterfront and Jamestown RI coastal real estate area is part of the home discovery process.  If you are buying or selling a home in waterfront Jamestown RI real estate , you want to understand the local real estate information.

Jamestown RI Real Estate Market April 2013

 

Here is the current real estate market data for Jamestown, RI provided by Ginny Lacey Gorman of RI waterfront real estate April 2013 is as follows:

  • Properties active and on the market: 78                              
  • Single-family properties closed in April 2013: 8      
  • Average sales price: $ 621,750
  • Median sales  price: $ 540,000
  • Sales price to list price ratio: 94%
  • Average days on the market: 140
  • Sales currently pending: 10
  • Jamestown’s home absorption rate is still struggling to get out of a Buyer’s real estate market!  Just over 9 months of home inventory exists at present. 

  • Jamestown’s home inventory increased by 4 homes over the prior month, days on market decreased by almost half and list price to sold price decreased by 3%.   However, home sales are up by 167% over the prior month!

 

  • Breakdown of the 8 Jamestown RI homes sold in April is as follows: 2 homes sold less than $300,000 and 1 home sold between $300,000- $400,000, 4 homes sold over $400,000 and 1 home sold over $1 million.  In April, there was increased interest in the Jamestown RI coastal real estate market again.  The over $400,000 home generated the buyers interest.  Pending home sales remained equal to March which is a promising real estate sign.

 

Jamestown RI Real Estate Market April 2013

Jamestown RI Real Estate Market April 2013

 

Still April 2013 Jamestown’s real estate market had a 33 % increase in sales over the prior year’s March sales. The real gain is the increase over April’s sales numbers.  However, the Jamestown luxury home sale market is still stalled.

Jamestown is a waterfront Newport County community.  It is known for its stunning coast line,  its island feel, Beavertail State Park and coastal luxury living.

Are you considering buying a Jamestown coastal home or interested in selling your home?  Please reach out to me Ginny Lacey Gorman, RI waterfront real estate agent,  at 401.529.7849 or email me at Ginny@RiHouseHunt.com for a market analysis.   I would love the opportunity to help you in your home search or sale.  Discussing your home needs is essential in this market.  Let my online real estate sales exposure program work for you!  Jamestown RI Real Estate  Market April 2013.

 


View Jamestown RI 02835 in a larger map

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Ginny Lacey Gorman is your go to Rhode Island waterfront real estate agent for Jamestown RI real estate and beyond… Email me at RiByTheBay@gmail.com to make an appointment to find the home of your dreams too!
 
Waterfront, oceanfront, luxury and coastal Rhode Island real estate are my specialty but all of RI is my backyard.   When you are in need of a real estate professional and specialist for your buying, selling or relocating needs and an internet savvy marketer who sells RI houses in this real estate market call Ginny at 401.529.7849.

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