The South Kingstown RI Real Estate Market Statistics for the month of August 2010 for sold properties were as follows:
1 home sold over $1 million
1 home sold for over $400,000
4 homes sold for between $300,000-$400,000
4 homes sold for less than $300,000
Overall there were 284 homes on the market during the month of August 2010 in South Kingstown RI which was equal to the number of homes on the market in the prior month. The home inventory in South Kingstown RI appears to be staying constant from month to month at this time.
There was a 64% drop in the number of homes sold over the prior month of July 2010. The majority of the homes that sold were under $400,000.
Pending sales increased over the prior month of July 2010 with 41 homes now in agreement or pending status and awaiting their closing. That's an increase of 33% in pending sales which indicates homes are taking a longer time to close right now.
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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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