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.