Learn About the Jamestown RI Real Estate Market

Learn About the Jamestown RI Real Estate Market

August 2012

Jamestown RI real estate - Beavertail sunsets

Jamestown RI sunsets are Amazing!

The Jamestown Rhode Island real estate market for the month of August 2012  is detailed here.  Jamestown continues to struggle with the large luxury home inventory and minimal home sales.    Jamestown Rhode Island real estate sales were as follows:

Get the latest Jamestown RI Real Estate for Sale


1 homes sold over $ 1 million

4 homes sold greater than $400,000

1 home sold between $300,000- $400,000


There were 84  Jamestown RI homes for sale in August which is 1 % fewer homes on the real estate market from July 2012.  Jamestown RI home sales have increased by 1 with 6 homes sold in August.


The coastal Jamestown RI real estate’s shore still remains one of the more desirable waterfront buys for home searches. However, this luxury Jamestown real estate market is barely selling.  With the median Jamestown home price at $637,500, this real estate market draws in the luxury home buyers to this Conanicut Island, aka…Jamestown RI.


Beavertail Waterfront -Jamestown RI

                                                            View of Newport RI from Jamestown RI real estate

A recap of Jamestown’s home sales in August 2012 area as follows:

So in August, the average sale price of a Jamestown home was $759,166,  sold at 97% of list price and was on the real estate market on average for 104 days.


There was a 50% increase in number of days it took to sell a Jamestown home from June to July.


The Jamestown home median sale price for the month of August was $637,500, sold at 96% of list price and was on the market for 94 days.

If your are a Jamestown home seller, this real estate market report provides you current information on recent home sales.


2 Pending homes sales for August 2012 which is one less than the prior month.


There were no short sales sold in August in Jamestown.


There are 28 luxury waterfront Jamestown RI homes for sale (greater than $ 1 million) which is 33 % of the Jamestown real estate market.  Jamestown RI continues to have a large supply of homes for sale and the oceanfront, water front and coastal Jamestown RI homes for sale. 


If you are considering selling your Jamestown home and you would like a comparative market analysis, feel free to contact me at 401.529.7849 and set up an appointment.  If you are interested in buying a home in Jamestown RI, I will be happy to assist you as well and provide guidance and negotiating skills every step of the way.


Learn About the Jamestown RI Real Estate Market.


Ginny Lacey Gorman is your go to Jamestown RI real estate agent for real estate in Jamestown RI and beyond…knowing the geographic area, schools, happenings, important tidbits of information. 


Waterfront, oceanfront, luxury and coastal RI real estate 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.