South Kingstown RI Real Estate Market Report 02879 02892 02883 - October 2011 is as follows:
17 South Kingstown homes have been sold in the past month:
1 home sold over $400,000
8 homes sold for between $300,000-$400,000
8 homes sold for under $300,000
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 homes and if you want a local realtor specialist to guide you in this market, please give me a call at 401.529.7849. South Kingstown RI Real Estate Market Report 02879 02892 02883.
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Ginny Lacey Gorman is a North Kingstown Realtor who works and knows the South Kingstown RI geographic area of homes for sale, schools, happenings, important tidbits of information and businesses well. Waterfront, water view, ocean front, luxury and coastal RI real estate are her specialty, so call Ginny for your buying and selling home needs. As North Kingstown short sale agents, she and her team helps clients navigate successfully the rough short sale waters throughout RI, contact Ginny if you are having trouble paying your mortgage. When you are in need of an internet savvy RI realtor® who sells homes in this real estate market, call Ginny today at 401.529.7849.
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