South Kingstown RI Real Estate Market Statistics – December 2010

South Kingstown RI Real Estate Market Statistics – December 2010

The South Kingstown RI Real Estate Market Statistics for December 2010 are as follows:

17 South Kingstown RI homes sold, as follows:

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

 

SK Homes sold

In December 2010 there were 194 South Kingstown homes on the market which is a 15% decrease in the number of homes over the prior month of November 2010.  The home inventory has dropped considerably again for the second straight month.  The choice in homes is still available at good prices and buyers are actively looking to make their purchases now as mortgage rates still remain at historically low levels.

South Kingstown RI homes sold for December 2010 were down from 22 sold the prior month to 17 homes sold.  With the holiday season this is not an unusual pattern.  Pending home sales remain up which is a strong indication that South Kingstown home sales remain upbeat. Waterfront South Kingstown RI homes were not being closed this month which is unusual instead it was the homes under $300,000 that were attractive to buyers.

South Kingstown pending home sales continues to be strong with 27 homes in contract agreement by month end.  There was 1 less home in pending than the prior month indicating that demand remains steady as buyers still are actively looking for the right price, location and condition of home in South Kingstown RISouth Kingstown RI 02852 Real Estate Market Statistics – December 2010.

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Ginny Lacey Gorman is your go to agent for homes for sale in South Kingstown RI and beyond…knowing the geographic area, schools, happenings,important tidbits of local information and businesses well.

Waterfront, oceanfront and coastal RI homes for sale are her specialty. If you are looking for someone to guide you through the home selling or buying process, she is a licensed RI agent who sells RI homes in this real estate market, just call Ginny at 401.529.7849.

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