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Jamestown RI Real Estate Market Update– Rhode Island Real Estate

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

Jamestown RI Real Estate Market Update – Rhode Island Real Estate.

 

Jamestown RI  real estate collage of homes and locations

Jamestown Rhode Island is all about the Real Estate

2 Jamestown RI homes  sold in May 2012,

 as follows:

1 home sold over $400,000

1 home sold between $300,000-$400,000

 0 homes sold for less than $300,000

There were 75  Jamestown RI homes for sale in May which is 3 more homes on the real estate market from April.  An uptick in home inventory on Conanicut Island, aka Jamestown RI is not helping sellers right now.  Sales are down from the prior month.

The coastal Jamestown RI shore still remains one of the more desirable waterfront buys for home searches.  Who wouldn’t want to be surrounded by water on ones own island so to speak? Oh, yes with an escape route either way to the towns of North Kingstown or Newport.

A recap of Jamestown’s home sales in May 2012 area as follows:

So in May, the average and median sale price of a home was $485,250,  at 94% of list price and was on the real estate market on average for 188 days.

If your are a Jamestown home seller, this Jamestown RI real estate market report provides you information on recent home sales to make more informed real estate selling decisions.  

Jamestown RI continues to have a large supply of homes for sale and the oceanfront, water front and coastal Jamestown RI homes for sale are not selling currently.  The home inventory absorption rate remains a strong Jamestown RI buyers market.  

3 Pending homes sales for May 2012 which is one less than the prior month. 

There are 28 luxury waterfront Jamestown RI homes for sale (> $ 1 million) which is 37 % of the Jamestown real estate market.  

If you are considering selling your home and want a RI real estate professional that knows your Jamestown area, negotiates aggressively for her clients and closes deals in this real estate market, give me, Ginny Lacey Gorman, a call at 401.529.7849 whether you are thinking of buying or selling real estate.

Jamestown RI Real Estate Market Update – Rhode Island Real Estate.

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 Ginny Lacey Gorman is a North Kingstown Realtor who works and knows the North Kingstown RI geographic area of homes for sale, schools, happenings, important tidbits of information and  businesses well.  Waterfront, water view, ocean front, luxury and coastal Rhode Island real estate are her specialty.  If your considering Buying, Selling or Relocating to Rhode Island and need a real estate Professional it would be my pleasure to help you!    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


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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cell: 401.529.7849      Ginny Lacey Gorman, Realtor

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Comments(13)

Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Ginny, Thanks for the  real estate market update  for   Jamestown,  Rhode Island. Have a good day.

Jun 20, 2012 08:24 PM
Clint Mckie
Desert Sun Home, commercial Inspections - Carlsbad, NM
Desert Sun Home, Comm. Inspection 1-575-706-5586

Hi Ginny,

OUCH, only TWO?

There must be something about the name of the city. LOL

It will pick up in the third quarter when buyers try to have a new home for the Holidays.

Have a good weekend ahead in Rhode Island.

Best, Clint McKie

Jun 20, 2012 08:39 PM
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

Good morning, Ginny.... they're not waiting in line with numbers to buy waterfront in Jamestown but they don't make waterfront lots anymore, do they.... that market will change.

Jun 20, 2012 09:16 PM
Liz and Bill Spear
Transaction Alliance 513.520.5305 www.LizTour.com - Mason, OH
Transaction Alliance Cincinnati & Dayton suburbs

Ginny, Looks like Jamestown is still in need of more buyers to pull those inventory numbers down.  Hard to beat the appeal of that much waterfront area!   Being right next to Newport offers some nice options too!

Jun 20, 2012 09:37 PM
Anita Clark
Coldwell Banker Access Realty ~ 478.960.8055 - Warner Robins, GA
Realtor - Homes for Sale in Warner Robins GA

Ginny: Not much movement but homes on the waterfront are always in demand.  Buyers will come.

Jun 20, 2012 09:52 PM
John McCormack, CRS
Albuquerque Homes Realty - Albuquerque, NM
Honesty, Integrity, Results, Experienced. HIRE Me!

Contact Realtor® Ginny Gorman for all your Jamestown RI Real Estate needs!

Jun 20, 2012 10:56 PM
Eileen Hsu
Douglas Elliman Real Estate - Manhattan, NY
LICENSED REAL ESTATE SALESPERSON

Coastal town of Jamestown Rhode Island sounds like a great place to call home, call Ginny Gorman for all your Luxury waterfront properties needs.

Jun 20, 2012 11:35 PM
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Ginny

As always you have the news buyers and sellers need about the Jamestown RI real estate market. Could be som egood opportunities for buyers...if they can brave the heat.

Jeff

Jun 21, 2012 12:14 AM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Ginny Jamestown was one of my favorite places to go to when I was a kid.  Do they still have the old Jamestown Bridge there?

Jun 21, 2012 05:53 AM
Ginny Gorman
RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate - North Kingstown, RI
Homes for Sale in Southern RI and beyond

THanks all...brutal day...i have  a blog to do sometime after another closing that just is doing me in ...but I'm grateful for the 2 today!  Yes George the old Jamestown bridge is partially there but they plan on removing the rest of it...too many jumpers unfortunately.

Jun 21, 2012 06:38 AM
Carol-Ann Palmieri
RE/MAX Executive Realty, Al and Cal Realty Group - Franklin, MA
"Cal" the Real Estate Gal

Hi Ginny.   Looks like this is the year to make that waterfront purchase!    

Jun 21, 2012 08:15 AM
Bas Panch
SCV Home Buyer - Valencia, CA

Hi Ginny,

Thanks for sharing this comprehensive report. You really know your market well. Keep up the good work and I wish you more success as a top North Kingstown short sale agent!

Jun 21, 2012 12:03 PM
Katerina Gasset
The Gasset Group & Get It Done For Me Virtual Services - Provo, UT
Amplify Your Real Estate & Life Dreams!

If you're looking for the most competitive and hard working North Kingstown Short Sale Agents that can deliver excellent results,I can definitely recommend the one and only Ginny Gorman.I wish you all the best on your career.


Jun 21, 2012 09:50 PM