Real Estate Market Report -Jamestown RI 02835 for May 2011 is as follows:
5 Jamestown RI homes have been sold in May:
2 homes sold over $400,000
2 homes sold for between $300,000-$400,000
1 home sold for under $300,000
There were 94 Jamestown RI homes for sale in May 2011 which was a 12 % increase over the prior month (10 more homes for sale). The increase in home inventory benefits buyers looking for homes on the Conanicut Island of Jamestown RI area now. With the warmer weather, all along the coastal Jamestown shore is absolutely beautiful for any buyer and there is a water view from every vantage point on the island. Take a trip to Beavertail State Park for amazing vistas of the Atlantic Ocean too!
Why do I share Jamestown RI real estate market reports with you, the consumer, every month? First, it is to give you a better insight into the number of Jamestown RI homes for sale, price range of homes sold and real estate market trends month to month for the Jamestown neighborhoods that interest you. If your are a Jamestown RI home seller, it gives you information on recent home sales for the pricing of your home. My web site will give you more information into all the Jamestown RI homes for sale that will be of interest to you.
Jamestown RI continues to have a moderate supply of homes for sale and the oceanfront, water front and coastal Jamestown homes for sale are selling at a modest pace. Honestly, the sales were spread out among all price levels this past month which means that if the location, condition and price for a home is excellent it will be a seller in this real estate market!
Mortgage rates have dropped again and remain at low rates for all buyers. It is a great time for Jamestown RI home buyers to find the neighborhood of their choice and then their targeted price range. Prices continue to be at attractive levels for buyers right now with great lending terms and rates to match.
Pending home sales have decreased by 1 home over April 2011 and there are 3 homes in pending status in Jamestown RI. Sales are slow here right now.
Out of state buyers continue to search for Jamestown RI oceanfront and coastal homes for sale. I do expect real estate to be remain active this summer in all price ranges and especially for beach and vacation homes. Out of state buyers especially love the 'Hamptons' aura of Jamestown RI. When you have great views here, it is always a fantastic draw for buyers and being right next to Newport RI matters. Real Estate Market Report -Jamestown RI 02813.
Ginny Lacey Gorman is a North Kingstown RI Realtor who works and knows the RI geographic area of homes for sale, schools, happenings, important tidbits of information and businesses well. Waterfront, oceanfront, luxury and coastal RI homes for sale are her specialty, call Ginny for buying and selling expertise in homes. So feel free to search for RI homes for sale it is free and no hassle. When you are in need of an internet savvy RI Realtor® who SELLS RI houses in this real estate market, call Ginny today at 401.529.7849.