Real Estate Report-Jamestown RI 02835
4 Jamestown RI homes have been sold in October, as follows:
2 homes sold over $1 million (waterfront Jamestown RI homes)
1 home sold over $400,000
There were 75 Jamestown RI homes for sale in October 2011 which was a 14% decrease over the prior month.
This is a significant decrease in home inventory on the Conanicut Island of Jamestown RI. With the fall weather here in full force, the coastal Jamestown shore remains absolutely breathtaking for buyers in their home searches. Nearly 35% of the Jamestown RI real estate homes for sale are in the $1 million price range and higher- a large portion of this home market.
If your are a Jamestown RI home seller, the Jamestown RI homes for sale market reports provides you information on recent home sales for the pricing of your home. My web site will give you more information into all the Jamestown RI homes for sale that will be of interest to you as well as to buyers in determining value.
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.
Pending homes sales for October 2011 have decreased by 1 home over the prior month and Jamestown RI homes sales have decreased by 1 home sale…not showing the true dynamics of a real estate market that homes sellers depend upon.
Buyers continue to search for oceanfront Jamestown RI homes for sale. Out of state buyers especially love the waterfront aura of Jamestown RI. When you have great water views and you are an island with bridges on both sides – it is always a draw for Jamestown RI buyers and being right next to Newport RI and North Kingstown RI does matter.
Real Estate Market Report- Jamestown RI 02835 .