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Jamestown RI Real Estate Market Report Update | November 2012
Jamestown RI Real Estate Market Report Update | November 2012 Jamestown RI Real Estate Market Report Update | November 2012.
Real estate market data for Jamestown, RI provided by Ginny Lacey Gorman of waterfront RI real estate, as follows: 
Single family homes on the market: 65 Single-family properties closed in November 2012: 16 Average sales price: $ 699,659 Sales price to list price ratio: 89% Average days on the market: 172 Sales currently pending: 3 Jamestown’s home absorption rate: 4.1 months of home inventory. Based on this most recent home sales data, the Jamestown real estate market is a sellers market.  However, many homes were taken off the market for the winter so I would say come spring Jamestown will be a more ‘balanced’ real estate market.
Breakdown of the 16 Jamestown RI home sales is as follows for the month: 2 homes sold under $300,000, 1 home sold between $300,000-$400,000 and 9 homes sold over $400,000 and  4 homes sold for over $1 million.  In November the over $400,000 home generated the most buying interest.  The luxury waterfront Jamestown real estate was hot this month.
Home sales more than doubled over the prior month of October for a market that had been slow all ... more

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