Jamestown RI Real Estate | March 2013
- Single family homes on the market: 74
- Single-family properties closed in March 2013: 3 (equal to last month)
- Average sales and median price: $432,486
- Sales price to list price ratio: 97%
- Average days on the market: 258
- Sales currently pending: 10
Jamestown’s home absorption rate continues to be a strong buyers market.
- Breakdown of the 3 Jamestown RI single family home sales is as follows for March: 1 home sold for under $300,000 and 2 homes sold for over $400,000. In March, the over $400,000 home generated the home buying interest here. However, with only 3 homes sold there is a lack of real data to project sales. What is evident in this market is that the Jamestown RI real estate market has been slow. No luxury Jamestown homes were sold this month. In fact, 39% of the Jamestown real estate market is in the luxury realm right now.
- Home sales decreased from 2 homes in January, 3 homes sold in February and 3 homes sold in March. A difficult start to a new year in the Jamestown real estate market.
While annual home sale prices decreased by 9% in 2012, pending sales are on the upswing which is better for home sellers. Buyers continue to buy waterfront and coastal Jamestown RI real estate at lower sale prices.
Jamestown RI Real Estate | March 2013
The Jamestown RI community is a waterfront Newport County community that is known for its Beavertail State Park, as well as RI waterfront real estate, an exciting coast line, easy access to Newport or North Kingstown and low real estate taxes.
If you would like to consider buying a Jamestown RI coastal home, contact Ginny Lacey Gorman, RI waterfront real estate agent, today at 401.529.7849 or email me at RiByTheBay@gmail.com.
Jamestown RI Real Estate | March 2013.
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Ginny Lacey Gorman is a waterfront Jamestown Rhode Island Real Estate Agent who works and knows the Jamestown geographic area of homes for sale, schools, happenings and important tidbits of information well.
This blog © and its contents is original to Ginny Lacey Gorman
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.
Looking for a terrific Rhode Island Realtor? Let me GOOGLE one for you!
cell: 401.529.7849 office: 401.884.4100 ext.268 Ginny Lacey Gorman, Realtor
