South Kingstown RI Real Estate Market Report April 2014
As one of the sought after Rhode Island southern towns for living and enjoyment, the South Kingstown RI real estate market report for single family homes for April 2014 follows.
Oceanfront South Kingstown RI Living at Green Hill
This month’s real estate report is provided by Ginny Lacey Gorman of waterfront RI real estate:
- Properties currently active on the market: 249
- Single-family properties closed in April 2014: 13
- Average sales price: $ 379,000
- Sales price to list price ratio: 96%
- Average days on the market: 112
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Sales currently pending: 54
Breakdown of the 13 South Kingstown sold homes is as follows for the month of April: 5 homes sold under $300,000 and 8 homes sold between $300,000-$400,000.
South Kingstown RI Home Sale Report April 2014 gives the home buyer the information they need to make a qualified purchase. Home sellers need to be very aware of pricing and their competition in the market now. It is all about preparation of a home to the demand for the neighborhood along with pricing, condition and the financial health of the economy. This spring is seeing an uptick in home sales and pent up demand in this town.
The spring market has shaken off the winter doldrums but paused this month with a 24% drop in home sales over the prior month.
The South Kingstown community is a waterfront South County community that is fortunate to have the University of Rhode Island campus in its borders, cultural music and theater, notable restaurants, the Amtrak train station in Kingston and good public & private schools. And yes the great ocean is here with our phenomenal RI pearl white beaches! This is all a great draw when put together for the South Kingstown home buyer.
I hope that this South Kingstown Year April 2014 real estate report gives you the guidance in this real estate market for the coming year.
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Ginny Lacey Gorman is your go to South Kingstown Rhode Island waterfront Realtor® for real estate in RI and beyond…knowing the geographic area, schools, happenings and important tidbits of local information. Ginny raised her family here, played here and knows the South Kingstown neighborhoods and town well. Email her at Ginny@RiHouseHunt.com to discuss your home dreams too! She is a notable listing agent in this market bringing top dollar in for her clients.
Waterfront, oceanfront, luxury and coastal Rhode Island real estate are my specialty but all of RI is my backyard. Search for RI homes for sale here. When you are in need of a real estate professional and specialist for your buying, selling or relocating needs and an internet savvy Realtor® who sells RI houses in this real estate market, call Ginny at 401.529.7849.
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