Ginny's RI House Hunt Blog

South Kingstown RI 02879 Real Estate Market Statistics for May 2010

So.Kingstown RI Market Stats May 2010


The South Kingstown RI 02879 real estate market statistics for May 2010 for sold properties were as follows:

                22 homes sold in South Kingstown RI 02879 as follows:

                        4 homes sold over $400,000
                   6 homes sold between $300,000-$400,000
                 12 homes sold for less than $300,000


29 homes sold in South Kingstown RI in the prior month of April. So May 2010 saw a decrease of 16% in the number of homes sold over the prior month.

Overall there were about 290 homes on the real estate market in South Kingstown RI for May 2010.  24 homes were 'in agreement or pending' during May 2010. 

 The Federal Tax Credit for first time home buyers expired in April (military status personnel have an extension for another year with restrictions) which fueled the number of sales under $300,000 especially in April 2010. Also, remember that the homes in agreement now for the federal tax credit have until June 30,2010 to close on their home.


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Hope you found
the South Kingstown RI 02879 real estate market statistics for May 2010 for sold properties helpful.


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Ginny L. Gorman a purveyor of Fine Waterfront RI Real Estate  

Specializing in waterfront, ocean front, vacation, coastal and luxury homes for sale in North Kingstown, South Kingstown, Narragansett, Jamestown, Charlestown, East Greenwich, Exeter, West Greenwich, Westerly RI and beyond ...  I sell dreams!  because there is no place like home...the RI Realtor in the Sparkly Red Shoes.

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