Real Estate Market Report -Jamestown RI 02835 – August 2011 is as follows:
11 Jamestown RI homes have been sold in August
4 homes sold over $400,000
4 homes sold for between $300,000-$400,000
3 homes sold for less than $300,000
There were 88 Jamestown RI homes for sale in August 2011 which was a 2% decrease over the prior month. The decrease in home inventory benefits sellers on the Conanicut Island of Jamestown RI area now if the price is right. With the summer weather quickly leaving us, the coastal Jamestown shore remains absolutely beautiful for buyers in their home searches. Nearly 34% of the Jamestown RI homes for sale are in the $1 million price range and higher- a huge portion of this home market.
If your are a home seller, the Jamestown RI homes for sale market reports gives 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.
Jamestown RI continues to have a good supply of homes for sale and the oceanfront, water front and coastal Jamestown homes for sale are selling at a slower pace. Homes that are selling are in all price ranges right now and if the location, condition and price for a home is excellent it will be a seller in this real estate market. The home inventory absorption rate has dropped to 9 months which is better for sellers.
Mortgage rates still remain at great rates for all buyers. It is a great time for Jamestown RI home buyers to find the neighborhood of their choice and their price range.
Pending home sales have decreased by 3 homes over July 2011 and there are 5 homes in pending status in Jamestown RI. However, the home sales in August increased nearly twofold so buyers were not waiting any longer to buy homes in Jamestown RI!
Buyers continue to search for oceanfront and coastal 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 fantastic 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 – August 2011.
Ginny Lacey Gorman is your go to North Kingstown Real estate agent for homes in North Kingstown RI and beyond…knowing the geographic area, schools, happenings,important tidbits of information and businesses well.
As North Kingstown short sale agents, if you are having trouble paying your mortgage contact Ginny to help you through the short sale process successfully.
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.