What is Happening with the Jamestown RI Home Sales Market October 2013
This Jamestown RI home sales market is showing a steady housing market in October. Yet an improved home sale market over 2012 continues in Jamestown this year with sales up 14% and home prices up 24%.
Knowing the waterfront and Jamestown RI coastal real estate area is part of the home discovery process. If you are buying or selling a home in waterfront Jamestown RI real estate, you want to understand the local real estate information. Why you ask? Because knowing how home sales are happening gives you knowledge for any home decision you may make.
Here is the current real estate market data for Jamestown, RI provided by Ginny Lacey Gorman of RI waterfront real estate October 2013 is as follows:
- Properties active and on the market to buy: 72
- Single-family homes closed: 7
- Average sales price: $ 1,128,607
- Sales price to list price ratio: 95%
- Average days on the market: 272
- Home Sales pending: 5
Knowing what is happening in the Jamestown RI real estate market this year is importatnt if you are considering listing your home for sale or in the home market to buy.
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Jamestown’s home absorption rate is still attempting to get out of a Buyer’s real estate market.
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Jamestown’s home inventory decreased by 3% over the prior month, days on market increased by 227% and list price to sold price increased to 95% from prior month. The average Jamestown home sale price has increased by 23% so far year to date in 2013 over 2012. The increased volume in the over million dollar home sale market here increased the average sales price.
- Breakdown of the 7 Jamestown RI homes sold is as follows: 2 homes sold between $300,000-$400,000, 3 homes sold over $400,000 and 2 homes sold over $1 million.
Jamestown RI has the views, restaurants and restaurants to appreciate
Jamestown is a waterfront Newport County community that enjoys secluded real estate on a Rhode Island island hideaway that is unique to the state. The town is known for its stunning coast line, its true island feel, one of a kind Beavertail State Park and coastal luxury living.
Are you considering buying or selling a Jamestown home? Please reach out to me, Ginny Lacey Gorman, RI coastal real estate agent, at 401.529.7849 or email me at Ginny@RiHouseHunt.com for an appointment. I would love the opportunity to help you in your home sale. Discussing your home needs is essential in this market and what I do for Jamestown clients. Let my successful online real estate sales exposure program work well for you! The Jamestown home market is feeling the upward surge in growth this year.
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