South Kingstown RI Real Estate Market Report October 2011

South Kingstown RI Real Estate Market Report October 2011


South Kingstown RI Home Sale Report October 2011 is as follows:

17 South Kingstown homes have been sold in the past month, as follows:

1 home sold over $400,000
8 homes sold for between $300,000-$400,000
8 homes sold for under $300,000


oceanfront beach in south kingstown real estate

Green Hill Beach in South Kingstown real estate


There were 245 South Kingstown homes for sale in October 2011 which was a 9 % decrease over the prior month ( 23 fewer homes for sale).  Of these South Kingstown homes for sale 20 homes are in the over $1 million category.


My goal in sharing these South Kingstown real estate market reports with you is to give a better insight into the number of South Kingstown homes for sale, price range of homes sold and real estate market trends month to month for the South Kingstown neighborhoods you may be considering buying into.   If your are a South Kingstown home seller, it gives you information on recent home sales. Determining current value of South Kingstown real estate is key to pricing a home to sell in today’s market.   My web site will give you very specific information as you search RI real estate for sale especially as a buyer.


South Kingstown continues to have a large supply of homes for sale and the waterfront and coastal South Kingstown homes for sale are selling slowly.  However, the home sales here still are outpacing the surrounding South County RI towns.  Remember that South Kingstown RI was rated by Businessweek Bloomberg as one of the top U.S. towns to raise children in their fall 2010 review.


South Kingstown home sales decreased by just 9 homes over September 2011 and there are 29 homes in pending status in South Kingstown RI (pending sales are up by 5 homes over the prior month).   The home absorption rate for South Kingstown homes for sale is a buyers market here too.  


Buyers continue to search for waterfront and coastal South Kingstown homesand if you want a local Real Estate Agent specialist to guide you in the sale or purchase of your home, please give me a call at 401.529.7849.


  South Kingstown RI Real Estate Market Report.


Ginny Lacey Gorman is your go to waterfront RI Real Estate agent for homes in South 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.