Real Estate Market Report -Jamestown RI 02835 for June 2011 is as follows:
10 Jamestown RI homes have been sold in June:
1 home over $1million (waterfront)
4 homes sold over $400,000
5 homes sold for between $300,000-$400,000
There were 96 Jamestown RI homes for sale in June 2011 which was a 2% increase over the prior month (2 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.
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 good supply of homes for sale and the oceanfront, water front and coastal Jamestown homes for sale are selling at a modest pace. The absorption rate to sell all the homes on the market right now is 9.6 months- it is a buyers market! Homes selling were over $300,000 and if the location, condition and price for a home is excellent it will be a seller in this Jamestown RI real estate market!
Mortgage rates 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 their targeted price range.
Pending home sales have increased by 1 home over May 2011 and there are 4 homes in pending status in Jamestown RI. Sales are slow here right now.
Out of state buyers continue to search for oceanfront and coastal Jamestown RI homes for sale. I do expect real estate to be remain active this summer in all price ranges and especially for vacation homes. Out of state buyers especially love the waterfront 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 02835 - June 2011.
original post: Jamestown RI 02835 Real Estate Market Report - June 2011
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Ginny Lacey Gorman is a North Kingstown Realtor who works and knows the RI geographic area of homes for sale, schools happenings, important tidbits of information and businesses well here. Also, as a North Kingstown short sale agent, she helps clients navigate the rough short sale waters successfully with their home sale. Waterfront, oceanfront, luxury and coastal RI homes for sale are her specialty, so call Ginny for your buying and selling needs in homes. So feel free to search for RI homes for sale. 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.