Jamestown RI 02835- Real Estate Market Report - August 2011

Real Estate Agent with RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate

Jamestown RI windmill

Jamestown RI 02835 Market Report - August 2011 is as follows:
            11 Jamestown RI homes have been sold in August:

                   4 homes sold over $400,000 

                   4 homes sold for between $300,000-$400,000

                    3 homes sold for less than $300,000             


There were 88 Jamestown RI homes for sale in August 2011 which was a 2% decrease over the prior month.  The decrease in home inventory benefits sellers on the Conanicut Island of Jamestown RI area now if the price is right.  With the summer weather quickly leaving us, the coastal Jamestown shore remains absolutely beautiful for buyers in their home searches.  Nearly 34% of the Jamestown RI homes for sale are in the $1 million price range and higher- a huge portion of this home market.

If your are a Jamestown RI home seller, the Jamestown RI homes for sale market reports 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 as well as to buyers.   

Jamestown RI continues to have a good supply of homes for sale and the oceanfront, water front andcoastal Jamestown homes for sale are selling at a slower pace.   Homes that are selling are in all price ranges right now and if the location, condition and price for a home is excellent it will be a seller in this Jamestown RI real estate market.  The home inventory absorption rate has dropped to 9 months which is better for sellers.

Mortgage rates still remain at great rates for all buyers.  It is a great time for Jamestown RI home buyers to find the neighborhood of their choice and their price range.  

Pending home sales have decreased by 3 homes over July 2011 and there are 5 homes in pending status in Jamestown RI  However, the home sales in August increased nearly twofold so buyers were not waiting any longer to buy homes in Jamestown RI!

Buyers continue to search for oceanfront and coastal Jamestown RI homes for sale.  Out of state buyers especially love the waterfront aura of Jamestown RI.   When you have great water views and you are an island with bridges on both sides - it is always a fantastic draw for Jamestown RI buyers and being right next to Newport RI  and North Kingstown RI does matter.  Jamestown RI 02835 - Real Estate Market Report - August 2011.


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.  Waterfront, water view, ocean front, luxury and coastal RI real estate are her specialty, so call Ginny for your buying and selling home needs. As North Kingstown short sale agents, she and her team helps clients navigate successfully the rough short sale waters throughout RI, contact Ginny if you are having trouble paying your mortgage.  When you are in need of an internet savvy RI realtor® who sells homes in this real estate market, call Ginny today at 401.529.7849.

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This blog © and its contents is original to Ginny Lacey Gorman

the RI waterfront Realtor of Choice


Ginny L. Gorman, a purveyor of Fine RI Waterfront Real Estate   

Specializing in waterfront, ocean front, vacation, coastal and luxury homes for sale in North Kingstown, South Kingstown, Narragansett, Jamestown, Charlestown, East Greenwich, Exeter, West Greenwich RI and beyond ...  I sell dreams!  Because there is no place like home...the RI Real Estate Agent in the Sparkly Red Shoes.


Looking for a knowledgeable Rhode Island Real Estate Agent?  Let me GOOGLE one for you!


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Barbara Hensley
RE/MAX Properties - Rockwall, TX
Homes for Sale in Rockwall County, Texas

Ginny - good morning!  I know consumers in your area will appreciate this excellent market report for Jamestown. 

Sep 07, 2011 11:44 PM #1
Clint Mckie
Desert Sun Home, commercial Inspections - Carlsbad, NM
Desert Sun Home, Comm. Inspection 1-575-706-5586

Hi Ginny,

I bet you didn't have a 2% decline in your work load. LOL

Is the windmill a working one? It looks like a great big toy.

Have a great big day of selling. 

Best, Clint McKie

Sep 07, 2011 11:46 PM #2
Dorie Dillard CRS GRI ABR
Coldwell Banker United Realtors® ~ 512.750.6899 - Austin, TX
Serving Buyers & Sellers in NW Austin Real Estate

Good morning Ginny,

I love the photo to go along with your market report in Jamestown RI! Wonderful presentation for the consumers in your area:).

Sep 08, 2011 12:00 AM #3
Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
Marketing Agent for The Todaro Team

Good morning, Ginny.....another wonferfully prepared market report on the seashore community of Jamestown RI....Ginny Gorman's the agent to contact if a homeowner wants to sell or someone's interested in buying in any of the seashore towns in RI.

Sep 08, 2011 12:07 AM #4
Ginny Gorman
RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate - North Kingstown, RI
Homes for Sale in North Kingstown RI and beyond

Barbara, it is a good number market report so it is a pleasure to share..

Clint, I have been burning the midnight oil with my web site and house issues right now..no it doesn't still work

Dorie, it is a 200 year old windmill on Jamestown RI island to enjoy

Barb, I' m still looking for a 1+ acre piece for my buyers...cant' find the sellers yet...thanks

Sep 08, 2011 12:20 AM #5
Petra Norris
Lakeland Real Estate Group, Inc. - Lakeland, FL
Realtor, Lakeland FL Homes for Sale

Ginny - buyers and sellers interested in Jamestown RI surely appreciate such a detailed market report. With your online marketing campaign, sellers and buyers should be contacting you, as an experienced North Kingstown real estate agent who is also an expert in short sales. 

Sep 08, 2011 12:25 AM #6
Diane Grady
Endless Summer Realty - Saint Augustine, FL

Great post. I am wondering if when Jamestown had its big birthday celebration if Real Estate values and sales went up? We are getting ready to celebrate our 450th here in Saint Augustine Florida and everyone is comparing it to your birthday celebration there a few years ago. Do you have any statistics on that? We are hoping that 2015 will be a banner year with our big birthday. The King and Queen of Spain and maybe even the Pope are expected to attend!

Sep 08, 2011 12:52 AM #7
Anita Clark
ColdwellBanker SSK Realtors ~ 478.960.8055 - Warner Robins, GA
Realtor - Homes for Sale in Warner Robins GA

Another excellent market report Ginny.  Excellent stats and local information all intertwined into an enjoyable to read format. 

Sep 08, 2011 12:55 AM #8
Ginny Gorman
RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate - North Kingstown, RI
Homes for Sale in North Kingstown RI and beyond

Petra, short sales are here to stay for quite awhile...knowing how to do them is a must..thanks

Diane, unfortunately I don't have that info for you and i've googled it and can't find anything...this is a very small community though!

Anita, market stats make the world go round!  best

Sep 08, 2011 12:59 AM #9
Anne M. Costello
Weidel Realtors - Yardley, PA

Ginny: Your market reports are informative and easy to read as well. Buyers and sellers in the Jamestown, Rhode Island area can learn exactly what the market is doing. What a tremendous help as they navigate the real estate market!  

Sep 08, 2011 02:04 AM #10
Erika Rogers
Red Rock Real Estate ~ Southern Utah's Largest Independent Brokerage - Saint George, UT
St George Utah Real Estate & Relocation Specialist

Morning Ginny, this is another very informative market report for Jamestown RI.  I love the windmill too, nothing like that around my parts!

Sep 08, 2011 04:19 AM #11
Jim Frimmer
HomeSmart Realty West - San Diego, CA
Realtor & CDPE, Mission Valley specialist

Love that windmill. People should move there just to have a nice view of the windmill!

Sep 08, 2011 11:34 AM #12
Ellen Caruso
Daniel Gale Sotheby's International Realty - Glen Head, NY

Ginny, love the windmill picture, the promise that things are turning over and good sales to come!

Sep 08, 2011 11:55 AM #13
Ginny Gorman
RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate - North Kingstown, RI
Homes for Sale in North Kingstown RI and beyond

Anne, it keeps me right on top of things which as a control freak I love to be!!

Erika, many thanks ...the windmill is 200 years old and really unique for this island.

Jim, you didn't catch me holding on as it ...well it was suppose to go round & round...

Ellen, hope things have improved now that we're all somewhat recovering from the storm & then the monsoons came for the last 3 days...at least 6 inches of rain here.

Sep 08, 2011 01:37 PM #14
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Homes for Sale in North Kingstown RI and beyond
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