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North Kingstown RI 02852 Real Estate Market Report for May 2011

By
Real Estate Agent with RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate

Wickford RI harbor view

 

North Kingstown RI 02852 Real Estate Market Report for May 2011 is as follows:
                 
            11 North Kingstown homes have been sold in the past month:

                
                     4 homes sold over $400,000
                     3 homes sold for between $300,000-$400,000
                     4 homes sold for under $300,000   

There were 215 North Kingstown homes for sale in May 2011 which was a  11 % increase over the prior month (21 more homes for sale).  The increase in home inventory benefits the home buyers looking for homes at the start of the summer.

Why do I continue to share North Kingstown RI real estate statistics with you the consumer?  Hopefully, it is to give you a truer insight into the number of North Kingstown homes for sale, price range of homes sold and real estate market trends month to month for the North Kingstown neighborhoods you may be considering buying into.   If your are a North Kingstown home seller, it gives you information on recent home sales.  My web site will give you very specific information into all the RI towns that will be of interest to you also as you search RI real estate for sale.  

North Kingstown has a generous supply of homes on the market and the waterfront, ocean front, luxury and coastal North Kingstown homes for sale are selling at an even pace.  There has been minor slippage in home sales here in May 2011 with the number of homes sold decreasing by 2. 

Pending home sales have decreased by 4 homes over April 2011. However, there are 35 homes in pending status in North Kingstown RI.  It is a brighter outlook to the real estate market when pending home sales remain steady with these kinds of higher pending home numbers.

Out of state buyers search continue to search for North Kingstown waterfront and luxury homes for sale.   I do expect real estate to be remain active this summer in all price ranges for beach and vacation homes.  North Kingstown RI 02852 Real Estate Market Report.

original post: North Kingstown RI 02852 Real Estate Market Report for May 2011

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Ginny Lacey Gorman is a North Kingstown RI Realtor who works and knows the RI geographic area of homes for sale, schools, happenings, important tidbits of information and businesses well.   Waterfront, oceanfront, luxury and coastal RI homes for sale are her specialty, call Ginny for buying and selling expertise in homes.  So feel free to search for  RI homes for sale it is free and no hassle.  When you are in need of an internet savvy RI Realtor® who SELLS RI houses in this real estate market, call Ginny today at 401.529.7849.

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This blog © and its contents is original to Ginny Lacey Gorman

the RI waterfront Realtor of Choice

 

Ginny L. Gorman, a purveyor of Fine RI Waterfront 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 RI and beyond ...  I sell dreams!  Because there is no place like home...the RI Real Estate Agent in the Sparkly Red Shoes.

 

Looking for a knowledgeable Rhode Island Real Estate Agent?  Let me GOOGLE one for you!

            

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Comments(11)

Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Ginny, Thank you for sharing information about real estate market in your area.

Jun 01, 2011 11:02 PM
Captain Wayne - Rowlett Real Estate School
Rowlett Real Estate School - Panama City, FL
Rowlett Real Estate School / Owner and Instructor

Good Morning Ginny,

Your real estate market report is certainly appreciated.  Thank you very much and hope you have a great day!

~Captain Wayne

Jun 01, 2011 11:11 PM
Katerina Gasset
The Gasset Group & Get It Done For Me Virtual Services - Provo, UT
Amplify Your Real Estate & Life Dreams!

Very informative post ginny. It helps to explain how the buyers and sellers can use these North Kingstown Homes for Sale Market update so they can take advantage of these information. Or better yet, they should consult the right people who are familiar of the process of buying and selling and the area as well. 

Jun 01, 2011 11:29 PM
Debbie Gartner
The Flooring Girl - White Plains, NY
The Flooring Girl & Blog Stylist -Dynamo Marketers

Good morning Ginny.  Gosh, you live in such a great area - on the water - with incredibly reasonable prices.  What a great opportunity there.

Jun 01, 2011 11:31 PM
Liz and Bill Spear
Transaction Alliance 513.520.5305 www.LizTour.com - Mason, OH
Transaction Alliance Cincinnati & Dayton suburbs

Ginny, Looks like your area gets the same blitz as our area with more people willing to try the market.  Both a seasonal effect and a sign that our local market has improved enough for sellers to be willing to try again.  Combine with low interest rates STILL and your area and ours both should be on the right track!

Jun 01, 2011 11:33 PM
Anita Clark
Coldwell Banker Access Realty ~ 478.960.8055 - Warner Robins, GA
Realtor - Homes for Sale in Warner Robins GA

Very thorough North Kingstown RI market report Ginny...lots of good information for both buyers and sellers.

Jun 02, 2011 12:01 AM
Ginny Gorman
RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate - North Kingstown, RI
Homes for Sale in Southern RI and beyond

Gita, thanks it is important to look at market reports throughout the US...best

Captain Wayne, thnks for stopping by

Katerina, i do hope that my knowledge does come through on North Kingstown homes for sale...best

Deb, you can pick up a summer house my friend...i know who you'll talk with to...

Bliz, we are still seeing buyers buy so that is the healthy sign...best

Jun 02, 2011 12:03 AM
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

Good morning, Ginny....at some point, I'll be buying a second home.....for me and my family to use and I decided not to buy on the cape....I'll need you as a buyers' agent and knowing I have the best on my side, I'm looking forward to doing this....and thanks for the call last evening....we didn't see any tornados in Franklin but we had lightening for hours....

Jun 02, 2011 12:24 AM
Ginny Gorman
RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate - North Kingstown, RI
Homes for Sale in Southern RI and beyond

Anita, there certainly are the choices for the buyers right now in North Kingstown in all price ranges....best

Barbara, you know i will be here ready to do you proud when you are ready to search & seize!

Jun 02, 2011 01:19 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Ginny, great market report from the expert in North Kingstown, RI!

Jun 03, 2011 01:43 AM
Ginny Gorman
RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate - North Kingstown, RI
Homes for Sale in Southern RI and beyond

Thanks joan

Jun 03, 2011 02:24 AM