South Kingstown Real Estate Report October 2014
The South Kingstown RI real estate update for single family homes for October 2014 indicates a 5% increase in home sale volume over the prior month.
The fall season increase of sold South Kingstown homes has shown a 2% increase in home sales and a 3% increase in home values year over year through October 2014.
This month’s South Kingstown 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 October 2014: 41
- Average sales price: $ 413,000
- Sales price to list price ratio: 95%
- Average days on the market: 101
- Sales currently pending: 50
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South Kingstown home absorption rate indicates it is a balanced real estate market.
- Breakdown of the 41 South Kingstown sold homes is as follows for the month: 15 homes sold under $300,000, 11 homes sold between $300,000-$400,000, 13 homes sold for more than $400,000 but less than a million and 2 homes sold over a million dollars.
The South Kingstown RI Real Estate Report October 2014 gives the home buyer some of the information they need to make a qualified home purchase.
Home sellers need to be very aware of pricing and their competition in the real estate market now…understand the secret sauce of pricing a home and use it well.
The fall market has picked up with a 5% increase in home sales over the prior month.
Take a look at the hottest South Kingstown homes for sale right here and now. As current as you can get everyday with the best and most thorough real estate information provided to the consumer.
I hope that this South Kingstown October 2014 real estate update gives you the information and guidance in this real estate market for the coming year.
As a South Kingstown real estate agent, I work with home buyers and sellers to ensure the best guidance, representation and abilities are used in their real estate negotiations. Call me at 401.529.7849 or email me at ginny@RiHouseHunt.com when you require assistance in your buying and selling RI real estate needs.
South Kingstown RI Home Sale Report October 2014.
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