North Kingstown RI 02852 Homes Sold in October 2010

North Kingstown RI 02852 Homes Sold in October 2010

The North Kingstown RI 02852 Real Estate Market Statistics for the month of October 2010 for sold homes are as follows:

16 North Kingstown RI homes sold, as follows:

1 home sold for over $1 million

4 homes sold for over $400,000
4 homes sold for between $300,000-$400,000
7 homes sold for less than $300,000

Overall there were about 201 homes on the market during October 2010 in North Kingstown RI 02852 which was a minimal 3% decrease in the number of homes over the September 2010 North Kingstown homes sold. The inventory level remains higher which means buyers have more homes to choose from and be selective about. Mortgage rates continue to remain at unprecedented low rates for buyers with rates under 4% available.

The number of homes sold in North Kingstown in October 2010 decreased by 6 homes to 16. Home sales will have months with higher levels of sales but what is encouraging in this North Kingstown real estate market is that the number of pending home sales remains up there.

Pending sales in North Kingstown increased to a total of 39 in agreement in October 2010 which is up from 32 the prior month. This is a 22 % increase in homes in agreement (pending) over September 2010 which is good news for sellers. The local market remains steady. Also, there is some pent up demand for homes being reflected in pending home purchases in North Kingstown.

These are the North Kingstown RI 02852 Real Estate Market Statistics for October 2010.

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As always, if you are in need of good real estate assistance and marketing savvy, contact the RI real estate agent in the sparkly red shoes. North Kingstown RI 02852 Real Estate Market Statistics for October 2010 provided by…

Ginny L. Gorman a purveyor of Fine Real Estate

Information and content in this blog is original to Ginny L. Gorman

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