South Kingstown RI Home Sales | January 2013


South Kingstown RI Home Sales | January 2013


South Kingstown RI home sales in real estate

Green Hill Beach is the place to play in the ocean!


South Kingstown RI Home Sales | January 2013.  It is the beginning of a new year for South Kingstown real estate market data.  The following information is provided by Ginny Lacey Gorman of waterfront RI real estate :

  • Properties currently active on the market: 187
  • Single-family properties closed in January8
  • Average home sales price: $ 307,171
  • Median home sales  price: $ 306,500
  • Home Sales price to list price ratio: 96%
  • Average days a home is on the market: 105
  • Median days a home is on the market: 93
  • Home Sales currently pending: 32
  • South Kingstown RI home sales absorption rate increased dramatically in January.  This is due to a true market blip and a major decrease

    South Kingstown Real Estate home
    So.Kingstown neighborhood home

    in home sales this month.  Very unusual for this real estate market which has been one of the strongest markets in southern RI real estate over the past year.


  • The number of days on the real estate market prior to going into pending dropped.  What does this mean for home sellers?  Sellers were more willing to negotiate and price their homes to the current real estate market to sell them.
  • A breakdown of South Kingstown RI home sales for January is as follows for the month: 4 homes sold under $300,000, 3 homes sold between $300,000-$400,000 and 1 home sold over $400,000.  The under $300,000 market is continuing to be the strongest market in South Kingstown home sales.

  • Active homes on the market decreased by 2% over the prior month, pending sales were up by 10% but home sales took a nose dive (a bloody one at that!) by 67% (still thinking this was unusual).


                                                                    South Kingstown RI Home Sales | January 2013

The South Kingstown community is a waterfront South County community that is fortunate to have the University of Rhode Island campus

South Kingstown real estate homes for sale

in its borders, cultural music and theater, notable restaurants and good schools.  This is all a great draw when put together for the South Kingstown home buyer.  Being a coastal RI town offers great beaches to all its residents whether private beach, town or state beaches.


Looking for a waterfront RI Real Estate Agent that not only knows her South County real estate market but markets her clients homes with maximum exposure on line with successful sales.  I would love the opportunity to help you.  This is what I do every day with enthusiasm and drive for my clients!

If you would like to buy a South Kingstown RI home or interested in selling, contact Ginny Lacey Gorman today at 401.529.7849 or email me


South Kingstown RI Home Sales | January 2013.  


Ginny Lacey Gorman is your go to waterfront Rhode Island agent for real estate in South Kingstown RI and beyond…knowing the geographic area, schools, happenings and important tidbits of local information.  Email her at to make an appointment to find the home of your dreams too!
Waterfront, oceanfront, luxury and coastal Rhode Island real estate are my specialty but all of RI is my backyard.  When you are in need of a real estate professional and specialist for your buying, selling or relocating needs and an internet savvy marketer who sells RI houses in this real estate market call Ginny at 401.529.7849.