Jamestown RI Home Sales December 2013 Year End Update

Jamestown RI Home Sales December 2013 Year End Update

This Jamestown RI real estate market is ending 2013 with an upbeat tone in home sales.  An improved single family home sale market year over year 2013 over 2012 continues in Jamestown.  In 2013, the home sales are up 11% and home prices up 6% in Jamestown..  

Bridge to Jamestown RI and Conanicut Island

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 current real estate information.  Why? Because knowing how home sales are doing gives you knowledge for any home decision you may make.

Here is the current December 2013 real estate market data for Jamestown, RI provided by Ginny Lacey Gorman of RI waterfront real estate is as follows:

• Properties active and on the market: 64                            
• Single-family properties sold: 6
• Average sales price: $ 458,000
  
• Sales price to list price ratio: 96%
• Average days on the market: 175  
• Sales currently pending: 2

• Jamestown’s home absorption rate is still attempting to get out of a Buyer’s real estate market with 10 months of home inventory. 

• Jamestown’s home inventory decreased minimally over the prior month, days on market increased by 72% and list price to sold price increased to 96% from the prior month.    The average Jamestown home sale price has increased 6% so far year to date in 2013 over 2012 and home sale numbers are up by 11%.

• Breakdown of the 6 Jamestown RI homes sold as follows:   1 home sold under $300,000, 1 home sold between $300,000-$400,000 and 4 homes sold over $400,000. 

Jamestown RI Home Sales December 2013 Year End Update

Jamestown homes, restaurants and parks to enjoy

Jamestown is a waterfront Newport County community that enjoys private real estate on a Rhode Island hideaway island that is unique to this ocean state.

The town is known for its stunning coast line, one of a kind Beavertail State Park and coastal luxury living life style.  It is a higher priced community of island homes due to its geography between the towns of  Newport and North Kingstown.

Are you considering buying or selling a Jamestown coastal home?  Please reach out to me, Ginny Lacey Gorman, RI coastal real estate agent at 401.529.7849 or email me at RiByTheBay@gmail.com for a home market analysis.   I would love the opportunity to help you in your RI home search or home sale.  T

  The December 2013 Jamestown RI real estate market year end report is up for single family homes. Would like to assist you in your home sale or buying experience here so please reach out to me and get a true view of this and the RI real estate market.

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