Jamestown RI 02835 Real Estate Market Report- Year End

By
Real Estate Agent with RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate
https://activerain.com/droplet/r7c

Jamestown RI windmill

Jamestown RI 02835 Real Estate Market Report - Year End 2011


 Jamestown RI homes were sold in December, as follows:

1 home sold over $1 million                                                      

1 home sold over $400,000 

There were 61 Jamestown RI homes for sale in December 2011.  The number of homes for sale on the Conanicut Island of Jamestown RI  has decreased for the third month in a row.  Yet, this is a great time to evaluate the real estate market and the coastal Jamestown shore offers a stunning array of homes for buyers in their real estate searches. 

Jamestown RI continues to have a good supply of homes for sale and the oceanfront, water front and coastal Jamestown RI homes for sale are selling at a modest pace.  The home inventory absorption rate remains a buyers market.

6 Pending Jamestown homes sales for December 2011 await closing and Jamestown RI homes sales have increased by 1 home over the prior month.  

Overall 57 Jamestown RI homes sold in 2011.

-Average Jamestown home sales price was $733,907

- Homes sold at 91% of list price

-Homes sold were on the market for 169 days.

-Home sales decreased by 22% in 2011 over 2010 in Jamestown

Graph for Jamestown RI 2011 Home Sales

As you can see 9% of the 2011 Jamestown homes sold were under $300,00033% were $300,000-$400,000 and 58% were over $400,000.  During 2011, 6 Jamestown homes sold for over $1 million.  Still a great location to buy in for luxury and oceanfront homes in Jamestown.  Here is to a better real estate market in 2012!

Buyers continue to search for oceanfront Jamestown RI homes for sale.  Out of state buyers especially love the waterfront setting of Jamestown RI and its connectivity to North Kingstown and Newport RI.   When you have great water views, amazing Beavertail state park, restaurants and island living, it does capture you Jamestown RI 02835 Market Report- Year End.

~~~~~~~~~~~~~

Ginny Lacey Gorman is a North Kingstown Realtor who works and knows the Jamestown 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 marketcall 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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Re-Blogged 1 time:

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Topic:
Real Estate Market Trends
Location:
Rhode Island Newport County Jamestown
Groups:
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City and State
Market Reports
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Tags:
beavertail
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Rainmaker
4,956,557
Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
Marketing Agent for The Todaro Team

Good morning, Ginny....Jamestown RI looks like a great place to own a home.... buyers and sellers who are interested in participating in that market should contact Ginny Gorman to represent them.

Jan 10, 2012 10:23 PM #1
Rainmaker
589,621
Phil Leng
Retired - Kirkland, WA
Phil Leng - Retired

Hi Ginny,

That windmill looks so Dutch.

Is it as old as it looks, or is it a decoration?

Way to post the activity in your area

Phil

Jan 10, 2012 10:26 PM #2
Rainmaker
694,615
Clint Mckie
Desert Sun Home, commercial Inspections - Carlsbad, NM
Desert Sun Home, Comm. Inspection 1-575-706-5586

Hi Ginny,

Great job at over 50% selling over 400K. I just hope that the 2012 year will be a very good year for Real Estate sales.

All my best, Clint McKie

Jan 10, 2012 10:48 PM #3
Rainer
478,183
Not a real person
San Diego, CA

It seems everywhere I go on ActiveRain I'm reading about good things happening in real estate. Hope the whole nation (and Canada) continues to pick up.

Jan 10, 2012 10:54 PM #4
Rainmaker
1,789,942
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, slower market but the higher end homes have the choices..

Phil, it is truly a well used windmill from the past that is a historic item now

Clint, the new year appears promising does it not?!

Russel, we all are hopeful.

Jan 10, 2012 11:12 PM #5
Rainmaker
433,526
Kristine Ginsberg
Elite Staging and Redesign, LLC - Short Hills, NJ
NJ Home Stager

Ginny - as I've mentioned I been to Rhode Island many times and it's a beautiful New England State with so much charm. I have a photo of the same lighthouse and was trying to find it so I could put it in the comments, but I can't find it! I may be back later today! And by the way, now when I think of Jamestown, S. Kingston, Warwick and N. Kingston it's become synonymous with you, Miss Ginny Gorman because you do such a great job of representing your area and putting it on the map!

Jan 11, 2012 12:18 AM #6
Rainmaker
2,296,260
Anita Clark
ColdwellBanker SSK Realtors ~ 478.960.8055 - Warner Robins, GA
Realtor - Homes for Sale in Warner Robins GA

Ginny: Good to see inventory slowly moving in Jamestown RI, especially higher end properties. 

Jan 11, 2012 03:28 AM #7
Rainmaker
1,789,942
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

Kristine, maybe next week or so i hope you'll have a guest blog for me...

Anita, it is the price points for sure and you need deeper pockets to buy here but it is so captivating.

Jan 11, 2012 06:52 AM #8
Rainmaker
760,802
Steve and Jan Bachman
RE/MAX Gateway, Reston, Herndon, Ashburn, Sterling, Fairfax - Herndon, VA
Realtors - Northern Virginia

I love this photo Ginny and the post contains info that the public really wants. Many agents want to chat about life or the industry in blogs but this kind of data is what folks want us to provide and expects to know. Beautiful job.

Jan 11, 2012 07:49 AM #9
Rainmaker
1,789,942
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

Steve, i hope it is what they do want and the year end certainly tell that sales are down in most areas & sellers need to understand it.

Jan 11, 2012 08:35 AM #10
Rainmaker
706,695
Erika Rogers
Red Rock Real Estate ~ Southern Utah's Largest Independent Brokerage - Saint George, UT
St George Utah Real Estate & Relocation Specialist

Ginny, love the windmill!  You're definitely the expert when it comes to Jamestown RI real estate, nice market report.

Jan 11, 2012 09:50 AM #11
Rainer
125,379
Laurie Clark CRB Angel Realty LLC Your Monument Realtor 719-502-6572
CRB-CCSS-ASD-HBS-RSD-Denver Short Sale Agents - Monument, CO
Angel Realty, LLC

Ginny, this is a fabulous photo and one of the most understandably written market reports I have had the pleasure to read - as an expert North Kingston Realtor Expert, your knowledge and experience shines right thru. I like to keep my finger on the pulse of the nation's recovery and these market reports are invaluable.

Keep sharing!  : )

Jan 11, 2012 11:28 AM #12
Ambassador
3,783,682
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Ginny you were up early doing this :)

That windmill would make a great house :) :)

Jan 11, 2012 01:23 PM #13
Rainmaker
1,789,942
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

Erika, i could see myself wearing dutch shoes!

Laurie, it really is a cool landmark & it was a productive facility too.

George...that is part of my problem being up early....like the old woman in a shoe...

Jan 11, 2012 03:09 PM #14
Rainmaker
1,163,612
Jane Peters
Home Jane Realty - Los Angeles, CA
Los Angeles real estate concierge services

This is a great overview of the Jamestown, RI real estate market, Ginny, and buyers should be out in force now before the mortgage rates start to creep up and the market veers towards Sellers.

Jan 11, 2012 04:15 PM #15
Ambassador
2,675,210
Katerina Gasset
Get It Done For Me Virtual Services - Wellington, FL
Get It Done For Me Virtual Services

Hi Ginny, that windmill is one great looking historical landmark. You also did a great job with that market report. Looks like you had a great year in Jamestown. North Kingstown Short Sale Agents such as your self can really sell. You are an expert. Congratulations! We're proud of you. Keep it up. 

Jan 11, 2012 10:31 PM #16
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Rainmaker
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Ginny Gorman

Homes for Sale in North Kingstown RI and beyond
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